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

Related FAQs

How do I know if a debt settlement company is reputable?
Can I negotiate a debt settlement on my own?
How can I ensure I don’t fall behind on payments during the settlement process?
Is debt settlement better than bankruptcy?
How can I make a debt settlement offer more attractive to creditors?
Can I negotiate a lower interest rate as part of a debt settlement?
Do I need to hire a lawyer to negotiate a debt settlement?
What fees will I pay if I use a debt settlement company?
How do I report a debt settlement to the IRS?
Are there any programs offering debt settlement help?

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