Does debt settlement hurt my chances of obtaining new credit?

Related FAQs

Are there any legal requirements to debt settlement?
What should I do if I can’t agree on a settlement amount?
Is debt settlement better than bankruptcy?
How do I know if a debt settlement company is legitimate?
What penalties or interest can creditors charge when settling debt?
How do I stop debt collection calls during the settlement process?
What is a deemed satisfaction and how does that apply to debt settlement?
Are there any risks associated with using a debt settlement firm?
Should I be wary of any companies offering “instant” debt settlement?
What documents do I need to provide during a debt settlement process?

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