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

Related FAQs

Can a creditor challenge a debt settlement?
What are the risks of choosing to settle a debt?
What is a debt settlement plan and how does it work?
Should I use a debt settlement company or negotiate directly with my creditors?
Can I negotiate a debt settlement without a debt settlement company?
What is debt settlement law?
What happens if I can’t afford to settle the debt in full?
What fees are associated with debt settlement?
Is debt settlement reported to credit bureaus?
Are there any alternatives to debt settlement?

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