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

Related FAQs

When is it best to pursue debt settlement?
Is debt settlement a better solution than bankruptcy?
How do I make sure I receive a fair settlement from my creditors?
Are there any costs associated with a successful debt settlement?
Can I negotiate a debt settlement over the phone?
What if I can’t pay the full amount of a debt settlement?
Can I negotiate debt settlement with multiple creditors at once?
Can I negotiate a debt settlement without a debt settlement company?
Can I negotiate a debt settlement on my own?
Can a debt settlement company guarantee a successful settlement?

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