what's the first step?

Who are your creditors and what are the balances ?

Mobile0311 come on! Now! It is obvious that she is asking what to do next, as should she write a letter to them saying that she is looking for settling the account or should she wait.

Redamagon in order to better answer their question I need to know these things .

You are right mobile we do need to know these answers that we can better assist them.

Excellent everyone here, I would go one step furhter. You have taken the first step and that is saving money, that is the best thing you can do. You can now write a letter to your creditors and close your accounts explaining the reasons why you are closing the accounts, please do not mention to themyet you are thinking of negotiating settlements on these accounts yet. wait about 90 days delinquency fo that.

If you have time and are well organized you can actually settle your own debt and save money. Avoid the fees for a settlement program and settle your own debt. If you want there are plenty of cheaper alternatives, do a google search under do it yourself debt settlement and I guarantee you it will cost you less to settle your own debt. At least you will be in charge of your situation and the money you have saved up can actually be put to good use.

Great answer Doityourselfdebtsettlement. I am frustrated, because everytime a perdson come in here to ask a simple question. Peaople say "You can do it yourself or hire a debt consolidation company". If I was a guru in this here as I am in fixing credit score, I would answer in a straight shot. There is always the steps to do it as you said. Not ask more question before giving a clear answer to the person who is asking. Thank you.

Ok I been good about putting the money in my savings. I have paid a few card, when they call me, however I just printed out the 12 letters, one for each card. I am going to send them by certified mail. I used the example of the 1st letter to send creditors. I offered to make 12 monthly payment for half the balance. I doubt they accept but I had to start somewhere. I know I saw a timeline on something not sure if it was for sfter you send the first letter asking to closed acct or something about validation. Now what do I do? Just keep saving and wait for them to contact me back? PLease and thank you for all of your help!!
Noelle :)