Are there any legal risks associated with debt settlement?

Related FAQs

What is the average time frame for debt settlement negotiations?
Should I use a debt settlement company or negotiate directly with my creditors?
Can I negotiate multiple debts at once during the settlement process?
Can I negotiate a debt settlement without the help of an attorney?
How will I know if the debt settlement negotiations are successful?
Does debt settlement hurt my chances of obtaining new credit?
Are there any drawbacks to settling a debt?
What are my rights and options when it comes to settling debt?
How do I protect my credit score during a debt settlement?
Can I settle a debt if I’m unemployed?

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