Are there any legal risks associated with debt settlement?

Related FAQs

Are there any programs offering debt settlement help?
Can a creditor challenge a debt settlement?
Are there any services that can help me with a debt settlement?
How can I learn more about debt settlement laws in my state?
What is the difference between debt negotiation and debt settlement?
Can I negotiate a reduced settlement amount?
What happens to the debt that’s been settled?
Can I negotiate multiple debts at once during the settlement process?
What are the risks of choosing to settle a debt?
Do I have to pay taxes on debt settled through negotiations?

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