A beautiful presentation describing the process of debt settlement, check this to learn about debt settlement and follow to lead a debt free life.

1. Debtconsolidationcare(dot)Com
Internet's first get-out-of-debt
community
469,953 members

2. Debtconsolidationcare(dot)Com
Get out of debt maze through debt settlement
Debt settlement is a
popular debt relief plan. It helps
you to pacify your creditors and
solve the debt riddle through a lumpsum
payment.
You pay less than the outstanding balance.
You’re relieved to finally get out of the debt
maze. Creditor is happy to receive payments.

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Calculations
• The total debt amount is $40,000.
• You pay around $25,000 through a debt
settlement plan.
• Your total savings - $15000
• Note: The percentage varies from person to
person.

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Perks/Benefits Of Debt Settlement
• You become debt free by paying less than
what you owe
• You’re able to avoid the horrible collection calls
• You’re able to save dollars and boost your
financial health
• You get respite from the extra fees and penalties

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Pitfalls/Drawbacks Of Debt Settlement
• Your credit score tanks
• You’ve to pay tax on the amount
saved through settlement
• You may still have to face court cases

6. Debtconsolidationcare(dot)Com
Spot On Ways To Choose A Debt Settlement Company
• Check out the company accreditation
• Check if the debt negotiators are
certified
• Calculate the settlement expenses
• Go through the written agreement
• Find out if the company charges upfront
fees
• Check out the success rate of the
company

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3 Things settlement companies don’t tell you
• Creditors are not bound to accept a program
• Sometimes, debtors are able to get better deal by negotiating
themselves
• Debtors are not required to pay upfront fees

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5 Debt settlement myths busted
• You can’t settle debts yourself
• All the companies offer similar kind of service
• Debt settlement will help you solve your debt riddle quickly
• Debt settlement increases your credit score
• Debt settlement stops lawsuits

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3 Things you should have to settle debts on your own
Money Negotiation skills Debt settlement letter

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6 Tips to settle debts on your own
• Work on the delinquent debts
• Explain your payment strategies
• Speak graciously with the creditors
• Negotiate till the creditor accepts your settlement request
• Don’t reveal your bank account details
• Review your credit report after settling debts

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When debt settlement works best for you
• You’ve failed to get out of debt maze after repeated attempts
• Creditors and debt collectors are making your life hell
• Your credit score is falling rapidly

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For more information:
Contact us at 800-DEBT-913
Send mails at jason@debtconsolidationcare.com
Find us on social networks:
Facebook : http:facebook.com/debtconsolidationcare
Twitter : http://twitter.com/debtcc
Youtube : http://www.youtube.com/debtcc

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Thank You