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

Related FAQs

Are there any tax consequences to debt settlement?
How does debt settlement impact my credit score?
Are there any tax implications of debt settlement?
Is debt settlement reported to credit bureaus?
What is a “hardship program” and how can it help with debt settlement?
When can I start making payments on my debt settlement?
How quickly can I expect to see results from a debt settlement?
What is the difference between debt settlement and debt consolidation?
What should I do if a creditor refuses to negotiate a debt settlement?
How do I stop debt collection calls during the settlement process?

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