Does debt settlement hurt my chances of obtaining new credit?

Related FAQs

What happens if a debt settlement is not completed on time?
Can a creditor challenge a debt settlement?
Do I have to pay taxes on debt settled through negotiations?
What happens if I miss a payment on a debt settlement?
What if the creditor refuses to settle the debt?
How can I ensure I don’t fall behind on payments during the settlement process?
What is the difference between debt settlement and debt consolidation?
Is debt settlement reported to credit bureaus?
Is there a minimum debt amount to qualify for debt settlement?
What is a “hardship program” and how can it help with debt settlement?

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