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

Related FAQs

Are there any potential risks if I choose not to settle my debts?
What is a “hardship program” and how can it help with debt settlement?
When is it best to pursue debt settlement?
What is the difference between debt settlement and debt management?
What is the difference between debt settlement and debt consolidation?
How much money can I save by settling a debt?
Do I have to pay taxes on debt settled through negotiations?
Are there any programs offering debt settlement help?
What happens if I can’t afford to settle the debt in full?
Can I negotiate a debt settlement on my own?

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