Can I negotiate a lower principal balance as part of a debt settlement?

Related FAQs

Does debt settlement hurt my chances of obtaining new credit?
How will I know if the debt settlement negotiations are successful?
Are there any risks associated with using a debt settlement firm?
What should I do if I can’t agree on a settlement amount?
Who should I contact to settle my debt?
Can I negotiate a lower interest rate as part of a debt settlement?
Are there any ways to avoid paying for a debt settlement service?
How much money can I save by settling a debt?
Can a debt settlement company guarantee a successful settlement?
What is a lump-sum debt settlement and how does it work?

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