http://www.debt-teacher.com/n99.html Debt settlement uses negotiation to get the amount of money you owe lowered. Learn more about how debt settlement works. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Wanna reduce the time you spend in debt? Wanna pay back 40-60% less than what you owe? Can you access a large sum of money in a hurry? Then a debt settlement program might be ideal for you. Here's how a debt settlement service works, and how it can work for you. How Debt Settlement Works When you enroll in a debt settlement program, a debt settlement professional who is skilled at the art of negotiation will contact your creditors to get them to reduce your balances to a much, much lower amount. In return, you pay the new amount off immediately. (Some debt settlement companies will give you anywhere from 1-3 years to pay it off. It just depends on your situation and how fast you can access that much cash.) For example, let's say you owe $10,000 in unsecured debt, and a skilled debt settlement negotiator gets your creditors to agree to considering your accounts settled if you pay $5,000. This is basic math, but as you can see, you'd save $5,000. Amazing. The drawback of debt settlement (other than needing to access a lot of cash quickly) is that it does leave a small ding on your credit report. A debt settlement program is not as bad as bankruptcy though. Other Options If you'd like to enjoy those same reductions, but you can't come up with the cash you need so fast, maybe a debt consolidation program would be a better way for you to go. With this type of plan, a debt management professional will contact your creditors for you to get drastic reductions in balances and interest rates. Then the new, lower amounts are combined into one, and you make one monthly payment to the debt management company instead of several monthly payments to your creditors. You could be debt free in as little as five years under this type of plan. If you think debt settlement services are right for you, check out our Related Resources page to find a company to handle it for you. There are so many debt settlement programs to choose from - you have the advantage. Shop around and find the debt settlement company that you feel comfortable with. Sat, 26 Jul 2008 15:00:00 EDT http://www.debt-teacher.com/n132.html A debt settlement program might be what you need to get back on a steady financial footing. Find out whether or not a debt settlement program is right for you. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 http://www.debt-teacher.com/n125.html Not sure which debt settlement services are right for you? Well, that can depend on so much. Take the time to get acquainted with a few effective debt settlement services below. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 http://www.debt-teacher.com/n120.html If you think you are the only person in need of a debt settlement service, but you are too shy, embarrassed or busy, think again. For every excuse you have, we have a way to find that debt settlement service. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 http://www.debt-teacher.com/n117.html Debt settlement programs can help you get the financial freedom that you have been dreaming about - check out all of the debt settlement programs and see which one works best for you and your debt! en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 http://www.debt-teacher.com/n116.html A debt settlement company - what can it do for you? Find out the benefit of having a debt settlement company on your side. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 http://www.debt-teacher.com/n100.html Debt settlement companies can negotiate deals for you so that you pay your debt off at pennies on the dollar. Learn about debt settlement companies here. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0