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 Settling your debt can come with significant risks. Sam Wordley / Shutterstock.com

Having debt is all too common — 77% of all households carry some amount of debt. But even though it’s common, that doesn’t mean it’s easy to deal with. That’s why some borrowers turn to debt settlement for relief. It can potentially slim down what you owe, help you avoid bankruptcy, and make debt repayment less overwhelming. But is debt settlement always the right choice? We’ll explain what it…

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