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

Related FAQs

Can I negotiate debt settlement with multiple creditors at once?
How do I know if I have been approved for a debt settlement?
Are there any tax consequences to debt settlement?
Can I negotiate a debt settlement without a debt settlement company?
Can I negotiate a lower principal balance as part of a debt settlement?
How much money can I save by settling a debt?
How can I learn more about debt settlement laws in my state?
Can I be sued while in the process of settling a debt?
Are there any services that can help me with a debt settlement?
What happens if I miss a payment on a debt settlement?

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