How Does Debt Negotiation Work?

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How Does Debt Negotiation Work? – This is a place for the community to provide tips and advice on How Does Debt Negotiation Work?. This topic was created by Nick Hartog and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

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Tip 1
Should I use a debt settlement service to help me deal with my debt and debt collectors? More
Published: 9 years ago by Odette Rodriguez | permalink
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Consider other options before thinking about using a debt settlement service. Warning: Dealing with debt settlement companies can be risky. Some debt settlement companies promise more than they can deliver. Some of your creditors may also refu

For further reading: http://www.consumerfinance.gov/askcfpb/1459/should-i-use-debt-settlement-service-help-me-deal-my-debt-and-debt-collectors.html ^[1]

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Tip 2
What Is Debt Settlement and How Does It Work? More
Published: 9 years ago by Elloy Fitial | permalink
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Ever wondered what it means to settle your debt? We've got the lowdown on what you need to know.

For further reading: http://blog.readyforzero.com/what-is-debt-settlement-and-how-does-it-work/ ^[2]

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Tip 3
Does Debt Settlement Work? - Money Under 30 More
Published: 9 years ago by Katherine Kim - Mc Donnell | permalink
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For better or worse, debt settlement is all the rage these days. The New York Times wrote yesterday about a debt-ridden freelance writer who settled a $5,000 credit card debt for half of the original balance. The Today Show discussed debt settlement on its program this morning. What is debt settlement? Does it work? And …
For further reading: http://www.moneyunder30.com/does-debt-settlement-work ^[3]

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Confessions Of A Debt Settlement Company Worker More
Published: 9 years ago by PS 3 PIERRE | permalink
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After spending a year (one of the worst of my life) working at a debt settlement company, I feel that I am obligated to warn as many consumers as possible about how badly you can ruin your financia...

For further reading: http://consumerist.com/2008/03/31/confessions-of-a-debt-settlement-company-worker/ ^[4]

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Tip 5
Credit Card Debt Settlement: What is It, How Does It Work, and What to Watch Out For? More
Published: 9 years ago by ivo marangon | permalink
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For further reading: http://www.cardhub.com/edu/debt-settlement-summary/ ^[5]

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Tip 6
Helpful tips and advice about debt settlement. More
Published: 9 years ago by Vera Kennedy | permalink
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Debt settlement gives relief from bills by paying less than what is owed. Learn these facts about negotiating and settling credit card debts. Get informed!

For further reading: http://consumerrecoverynetwork.com/debt-settlement-faq/ ^[6]

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Category: Fun | 9 years ago

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Contributors

Odette Rodriguez, Katherine Kim - Mc Donnell, ivo marangon, PS 3 PIERRE, Vera Kennedy, Elloy Fitial

References & Citations

1. http://www.consumerfinance.gov/askcfpb/1459/should-i-use-debt-settlement-service-help-me-deal-my-debt-and-debt-collectors.html

2. http://blog.readyforzero.com/what-is-debt-settlement-and-how-does-it-work/

3. http://www.moneyunder30.com/does-debt-settlement-work

4. http://consumerist.com/2008/03/31/confessions-of-a-debt-settlement-company-worker/

5. http://www.cardhub.com/edu/debt-settlement-summary/

6. http://consumerrecoverynetwork.com/debt-settlement-faq/