Does debt settlement hurt my chances of obtaining new credit?

Related FAQs

Are there any legal risks associated with debt settlement?
What penalties or interest can creditors charge when settling debt?
How do I report a debt settlement to the IRS?
Are there any risks associated with using a debt settlement firm?
Can I negotiate a lower principal balance as part of a debt settlement?
What is a “hardship program” and how can it help with debt settlement?
How long will it take to settle a debt?
What is an unsecured debt and how does it impact debt settlement?
Who should I contact to settle my debt?
How much money can I save by settling a debt?

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