Are there any legal risks associated with debt settlement?

Related FAQs

Can I settle a debt if I’m unemployed?
Can I negotiate a lower principal balance as part of a debt settlement?
Can a creditor challenge a debt settlement?
Should I use a debt settlement company or negotiate directly with my creditors?
What is the difference between debt negotiation and debt settlement?
What if the creditor refuses to settle the debt?
Are there any risks associated with using a debt settlement firm?
What is debt settlement law?
Do I need to hire a lawyer to negotiate a debt settlement?
Can creditors refuse to negotiate a debt settlement?

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