What happens if I can’t afford to settle the debt in full?

Related FAQs

What fees will I pay if I use a debt settlement company?
Are there any services that can help me with a debt settlement?
Should I use a debt settlement company or negotiate directly with my creditors?
What penalties or interest can creditors charge when settling debt?
Are there any tax consequences to debt settlement?
What are the risks of choosing to settle a debt?
How do I protect my credit score during a debt settlement?
Is debt settlement reported to credit bureaus?
What if the creditor refuses to settle the debt?
What is the difference between debt negotiation and debt settlement?

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