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

Related FAQs

Is debt settlement better than bankruptcy?
Can creditors refuse to negotiate a debt settlement?
Does debt settlement hurt my chances of obtaining new credit?
Is there a statute of limitations on debt settlement?
How do I stop debt collection calls during the settlement process?
What if I can’t pay the full amount of a debt settlement?
Can I negotiate a debt settlement over the phone?
Can I be sued while in the process of settling a debt?
What will happen to my credit score after a successful debt settlement?
Are there any legal risks associated with debt settlement?

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