Debt settlement is not applicable to all types of debt. Knowing what debts qualify and which do not can prevent problems.Several types of debts are simply not suitable for settlement. Government-related debts such as traffic tickets, fines, child support, student loans, IRS debt (taxes), and alimony cannot be settled. There are professionals that can help with some of these cases but they usually involve lawyers who specialize in those cases.Some creditors just aren't willing to settle. Payday... more