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

Related FAQs

Should I be wary of any companies offering “instant” debt settlement?
What is a lump-sum debt settlement and how does it work?
Can I negotiate a lower principal balance as part of a debt settlement?
What are my rights and options when it comes to settling debt?
Can I negotiate a debt settlement without the help of an attorney?
What is an unsecured debt and how does it impact debt settlement?
What happens if I miss a payment on a debt settlement?
Do I have to pay taxes on debt settled through negotiations?
Is there a minimum debt amount to qualify for debt settlement?
How can I learn more about debt settlement laws in my state?

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