Are there any legal risks associated with debt settlement?

Related FAQs

What happens if I miss a payment on a debt settlement?
Do I have to pay taxes on debt settled through negotiations?
What is debt settlement law?
What are the potential consequences of a failed debt settlement?
What happens if a debt settlement is not completed on time?
Can I negotiate multiple debts at once during the settlement process?
How can I ensure I don’t fall behind on payments during the settlement process?
Should I use a debt settlement company or negotiate directly with my creditors?
How will I know if a debt settlement offer is fair?
How do I report a debt settlement to the IRS?

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