Are there any risks associated with using a debt settlement firm?

Related FAQs

What is a lump-sum debt settlement and how does it work?
Are there any drawbacks to settling a debt?
Are there any legal risks associated with debt settlement?
Can I be sued while in the process of settling a debt?
What are the guidelines for debt settlement under law?
What happens if I can’t afford to settle the debt in full?
Are there any programs offering debt settlement help?
Can I negotiate a reduced settlement amount?
Can I settle a debt if I’m unemployed?
How do I make sure I receive a fair settlement from my creditors?

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