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

Related FAQs

Are there any programs offering debt settlement help?
Is there a minimum debt amount to qualify for debt settlement?
How quickly can I expect to see results from a debt settlement?
How do I find out the balance of my debt?
How do I know if a debt settlement company is reputable?
How will I know if a debt settlement offer is fair?
What is a lump-sum debt settlement and how does it work?
What is a “hardship program” and how can it help with debt settlement?
Is debt settlement better than bankruptcy?
Does debt settlement hurt my chances of obtaining new credit?

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