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

Related FAQs

Can I negotiate a reduced settlement amount?
What should I do if I can’t agree on a settlement amount?
How can I ensure I don’t fall behind on payments during the settlement process?
Can I negotiate a debt settlement on my own?
Can I negotiate multiple debts at once during the settlement process?
How does a creditor determine if a debt should be settled?
Is debt settlement a good way to reduce debt?
Are there any programs offering debt settlement help?
What happens if I can’t afford to settle the debt in full?
What will happen to my credit score after a successful debt settlement?

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