Are there any legal risks associated with debt settlement?

Related FAQs

Are there any services that can help me with a debt settlement?
How do I know if a debt settlement company is reputable?
Does debt settlement hurt my chances of obtaining new credit?
Are there any potential risks if I choose not to settle my debts?
Can I negotiate more than one debt settlement at once?
Are there any laws governing debt settlement?
Can I negotiate a debt settlement without the help of an attorney?
Are there any ways to avoid paying for a debt settlement service?
How do I report a debt settlement to the IRS?
Is debt settlement reported to credit bureaus?

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