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

Related FAQs

Are there any potential risks if I choose not to settle my debts?
How will I know if a debt settlement offer is fair?
How do I stop debt collection calls during the settlement process?
Does debt settlement hurt my chances of obtaining new credit?
Is it possible to settle a debt for less than the amount owed?
How long will it take to settle a debt?
Is debt settlement reported to credit bureaus?
What is the average debt settlement amount?
What documents do I need to provide during a debt settlement process?
How long does it take to complete a debt settlement?

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