Are there any legal risks associated with debt settlement?

Related FAQs

Are there any tax implications of debt settlement?
Can I negotiate more than one debt settlement at once?
What should I do if I can’t agree on a settlement amount?
How do I know if a debt settlement company is legitimate?
What are the potential consequences of a failed debt settlement?
What is the process for appealing a denied debt settlement?
What should I do if a creditor refuses to negotiate a debt settlement?
What is a deemed satisfaction and how does that apply to debt settlement?
How does debt settlement impact my credit score?
Is debt settlement a good way to reduce debt?

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