What is my best debt settlement solution?

Welcome to the forums :D Since you registered, a consultant from your area will be contacting you. They will be able to give you the best choices for your particular situation. If you have any questions until then, just post away and we will try to help as much as possible..

If you go for debt consolidation, you will have to pay the principal amount. You will save money in the existing rate of interest, late fees and other financial charges added in your account. They will be waived off.

In case you are unable to afford the monthly payments set in the consolidation plan, look into debt settlement. This program has lower monthly payments and the debts are "settled" after negotiating with your creditor.

Talk to a counselor referred by this website. You will know the options appropriate in your case.