What are the guidelines for debt settlement under law?

Related FAQs

What is the difference between debt settlement and debt consolidation?
Are there any ways to avoid paying for a debt settlement service?
How does a creditor determine if a debt should be settled?
What are my rights and options when it comes to settling debt?
What is a deemed satisfaction and how does that apply to debt settlement?
How will I know if the debt settlement negotiations are successful?
What are the risks of choosing to settle a debt?
What fees are associated with debt settlement?
What documents do I need to provide during a debt settlement process?
Who should I contact to settle my debt?

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