Has anybody negotiated a settlement by themselves?

Members would definitely share their experience of settling debt with you. Meanwhile, why don????????t you go through the Do It Yourself whiteboard to know more about debt settlement by your own? Hope you would find it useful.

A settlement program can reduce the total debt by 40% to 60%. This is indeed, a big reduction especially for those struggling through hard times. Most creditors sound hard accepting the 'settlement' proposals from the settlement companies, but ultimately they want to get their money back. The results will not start coming instantly, you will need a lot of patience before you actually figure out the benefits in the program. If you are not clear about how a settlement program works, you will find your queries answered here in the debt settlement article. Maybe this will help you.

http://www.debtconsolidationcare.com/debt-settlement.html

What kind of fees do they have? Or is it based on how much you "save"? I could have settled my debt paying only 40%, but they want all of it right away. I was wondering if you can go longer than 36 months.

Thanks!