What are the guidelines for debt settlement under law?

Related FAQs

Is debt settlement reported to credit bureaus?
What happens if I miss a payment on a debt settlement?
Can I negotiate more than one debt settlement at once?
How can I ensure I don’t fall behind on payments during the settlement process?
Are there any laws governing debt settlement?
How does debt settlement impact my credit score?
What should I look for in a good debt settlement company?
Are there any costs associated with a successful debt settlement?
Can I negotiate a lower interest rate as part of a debt settlement?
What are the risks of choosing to settle a debt?

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