What are the guidelines for debt settlement under law?

Related FAQs

What if I can’t pay the full amount of a debt settlement?
Are there any laws governing debt settlement?
Are there any legal risks associated with debt settlement?
Can I negotiate more than one debt settlement at once?
What is a debt settlement plan and how does it work?
Can I negotiate debt settlement with multiple creditors at once?
Can I negotiate a debt settlement on my own?
Can I negotiate a reduced settlement amount?
What is a lump-sum debt settlement and how does it work?
What is a deemed satisfaction and how does that apply to debt settlement?

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