Learn how to negotiate your debt settlement with these expert tips and strategies. Reduce your debt and take control of your finances today.

Getting a debt settlement offer may feel like a lifeline if you're drowning in unpaid bills. But if you settle for less than what you owe – perhaps much less – there are serious downsides ...

Debt settlement involves persuading creditors to accept less than the amount you owe as payment in full. Normally, debt settlement only applies to unsecured debts because creditors can simply take ...

If you enroll, you must save 25% of an enrolled debt (one credit card, for example) before the company can present the creditor with a settlement offer. Better Debt Solutions offers a free ...

The good news is, though, that the IRS does offer help, including programs designed to help taxpayers settle their tax debt for less than the full balance. These options have evolved in recent ...

Settling debt on your own also saves you money on fees, since debt settlement companies generally charge 15–25% of the debt you enroll as fees for their services. The DIY approach, on the other hand, ...

"Effectively, the letter should contain the terms you are proposing, including what you're willing to settle the debt for in exchange ... you have declined the offer. Thank you for your time.

Debt settlement is a legal process. However, there are plenty of illegal scams out there. Be cautious of companies that offer “quick” or “instant” debt settlements. A few legitimate ...