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

Related FAQs

Can I negotiate a lower interest rate as part of a debt settlement?
How can I monitor my progress during a debt settlement process?
What is the difference between debt settlement and debt management?
Can I be sued while in the process of settling a debt?
Are there any ways to avoid paying for a debt settlement service?
Is there a minimum debt amount to qualify for debt settlement?
Are there any drawbacks to settling a debt?
How will I know if a debt settlement offer is fair?
Should I use a debt settlement company or negotiate directly with my creditors?
Are there any laws governing debt settlement?

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