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

Related FAQs

Are there any alternatives to debt settlement?
How will I know if the debt settlement negotiations are successful?
How do I stop debt collection calls during the settlement process?
Is there a minimum debt amount to qualify for debt settlement?
What happens to the debt that’s been settled?
Is it possible to settle a debt for less than the amount owed?
Can a debt settlement company guarantee a successful settlement?
Is debt settlement reported to credit bureaus?
Are there any services that can help me with a debt settlement?
Are there any tax implications of debt settlement?

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