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

Related FAQs

How can I make a debt settlement offer more attractive to creditors?
When is it best to pursue debt settlement?
Is it possible to settle a debt for less than the amount owed?
How do I stop debt collection calls during the settlement process?
Can I negotiate a debt settlement over the phone?
Are there any laws governing debt settlement?
How do I know if a debt settlement company is legitimate?
What is the best way to negotiate a debt settlement?
What is a “hardship program” and how can it help with debt settlement?
What happens if a debt settlement is not completed on time?

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