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

Related FAQs

What are my rights and options when it comes to settling debt?
Are there any tax implications of debt settlement?
What is a debt settlement plan and how does it work?
Can I negotiate a debt settlement on my own?
Can I negotiate debt settlement with multiple creditors at once?
How do I find out the balance of my debt?
How do I know if debt settlement is right for me?
What happens if a debt settlement is not completed on time?
What is the best way to document a debt settlement?
What is debt settlement law?

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