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

Related FAQs

Who should I contact to settle my debt?
What fees will I pay if I use a debt settlement company?
Are there any discounts available for debt settlement?
Are there any laws governing debt settlement?
Is there a minimum debt amount to qualify for debt settlement?
How do I find out the balance of my debt?
Is debt settlement a good way to reduce debt?
What is a “hardship program” and how can it help with debt settlement?
What documents do I need to provide during a debt settlement process?
What is the average time frame for debt settlement negotiations?

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