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.

Tip 1 - Should I use a debt settlement service to help me deal with my debt and debt collectors?

Published: 9 years, 2 month(s) ago | Submitted by Odette Rodriguez | permalink

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]

Tip 2 - What Is Debt Settlement and How Does It Work?

Published: 9 years, 2 month(s) ago | Submitted by Elloy Fitial | permalink

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]

Tip 3 - Does Debt Settlement Work? - Money Under 30

Published: 9 years, 2 month(s) ago | Submitted by Katherine Kim - Mc Donnell | permalink

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]

Tip 4 - Confessions Of A Debt Settlement Company Worker

Published: 9 years, 2 month(s) ago | Submitted by PS 3 PIERRE | permalink

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]

Tip 5 - Credit Card Debt Settlement: What is It, How Does It Work, and What to Watch Out For?

Published: 9 years, 2 month(s) ago | Submitted by ivo marangon | permalink

For further reading: http://www.cardhub.com/edu/debt-settlement-summary/ ^[5]

Tip 6 - Helpful tips and advice about debt settlement.

Published: 9 years, 2 month(s) ago | Submitted by Vera Kennedy | permalink

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]