What is a lump-sum debt settlement and how does it work?

Related FAQs

When is it best to pursue debt settlement?
What is the average debt settlement amount?
Can I negotiate debt settlement with multiple creditors at once?
How do I protect my credit score during a debt settlement?
Should I use a debt settlement company or negotiate directly with my creditors?
What is the average time frame for debt settlement negotiations?
How do I know if a debt settlement company is legitimate?
What should I do if a creditor refuses to delete negative credit items as part of a debt settlement agreement?
Is it possible to settle a debt for less than the amount owed?
What fees are associated with debt settlement?

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