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

Related FAQs

Can I negotiate a debt settlement without the help of an attorney?
What will happen to my credit score after a successful debt settlement?
Should I be wary of any companies offering “instant” debt settlement?
What fees are associated with debt settlement?
When is it best to pursue debt settlement?
What is the best way to document a debt settlement?
Are there any costs associated with a successful debt settlement?
How do I report a debt settlement to the IRS?
Is it possible to settle a debt for less than the amount owed?
What are the risks of choosing to settle a debt?

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