Most people would enlist the help of a specialist if they needed something outside their area of expertise. For example, if you needed a tooth pulled, you would go to a dentist, and if your car wasn't working properly, you would most likely take it to a mechanic. Creditors are experts in using tactics to get you to pay, and unless you have knowledge of the credit and collections industry policies and procedures, and the laws that apply, your results may not be what you had hoped for.

Some do, but the majority will not negotiate on an individual level. Most creditors feel it is easier to work with debt counseling agencies rather than try to keep up with thousands of personally re-negotiated accounts. Originally, creditors created the debt counseling industry to allow a way for the masses to re-negotiate contracted terms without having to file for bankruptcy. See similar questions...

It can be very helpful to have a certified counselor review your financial situation in detail. A CCCS-OC counselor can work with you to develop a repayment program that fits your lifestyle and your true financial picture. Should you decide to manage the debt repayment plan yourself, you can. However, most people find it helpful and stress relieving to let CCCS-OC deal with the creditors and distribute the monthly payments. See similar questions...

Unfortunately, all creditors have guidelines that must be followed for people enrolled in a debt management plan. These guidelines consist of what your payment amount will be, what your interest rate will be, and what your re-age benefits will be, while enrolled in the plan. All benefits vary with each creditor and normally cannot be changed once a proposal has been accepted. See similar questions...

Our experience has been that creditors are only willing to work with certified organizations like DebtServe. DebtServe is a non-profit organization as approved by the Internal Revenue Service under section 501 (c) 3 of the Internal Revenue Code. See similar questions...

YES. You could negotiate your debts with your creditors on your own. As a matter of fact, if you successfully negotiate a debt on your own, it may cost you less in the long run to use this approach than to use Start Fresh Financial's service because we charge fees for our services. You should note, however, that the debt settlement process can be a long and arduous process for the average consumer. See similar questions...

Dealing directly with your creditors on past due debt is very emotional. A commercial debt management program removes the emotion and is the best way to get you out of debt with creditors quicker and more efficiently than if you attempted to do this on your own. Creditors prefer to deal with debt management professionals to be certain that the business has a plan in place to restore their financial stability. See similar questions...

Absolutely, but lets be honest with each other unless you are a dentist you probably go to a dentist to get your teeth taken care of right? So why would you try to negotiate a debt when you don’t know the rules or have the connections and experience? Remember you’re going up against seasoned professional collectors that do this for a living and they normally don’t take individuals seriously.. See similar questions...

Frankly, we don't know. We offered several proposals for creating a new set of by-laws as mandated by the affiliation agreement. Some of our officers even offered to step down if it would help preserve the historic association. But Limbert rejected our proposals, refused to offer any compromise of her own, hired a lawyer and advised us to do so too. The lawyers continued the process, but were unsuccessful in negotiating a version of the by-laws that was acceptable to both parties. See similar questions...

Most creditors are unwilling to negotiate lower terms with individual consumers if they deem them a credit risk. If you are currently past due or have been in the past then your chances of negotiating directly with your creditors are slim. CCMS has established working relationships with your creditors that allow us to adjust the terms of repayment in order to benefit you. See similar questions...

You absolutely can. However, creditors know that their clients will give in to their pressure and threats, so in most cases, they will not settle for less than the entire balance when dealing directly with the borrower. Or if you are lucky they will give you a great reduction in your balance if you pay it “all” immediately. This just doesn't work for most people. The negotiating firm on the other hand, has long standing relationships with hundreds of creditors. See similar questions...

YES. You could negotiate your debts with your creditors on your own. As a matter of fact, if you successfully negotiate a debt on your own, it may cost you less in the long run to use this approach than to use Care First Financial's service because we charge fees for our services. You should note, however, that the debt settlement process can be a long and arduous process for the average consumer. See similar questions...

Our goal is to arrange mutually agreeable settlements with the creditors on all your unsecured debts. However, NO company, including ours, can promise or guarantee that all debts can be negotiated or reduced or that all creditors will work with them. We are persistent and do our best, but there may be occasions when a debt cannot be reduced or a creditor will not negotiate with us. While that is extremely rare, your lawyer will advise you as to your best course of action. See similar questions...

Creditors know that if they don't settle for even a fraction of the debt, they will most likely get nothing. Creditors aren't dumb and they know that at a certain point, they have to take what they can get! Most of them will settle very quickly, wouldn't you? In the rare event that a creditor won't settle with our offer, they will return with a counter offer that will be favorable to you. See similar questions...

If a creditor refuses to accept a reasonable settlement offer at the time it is proposed, it is usually simply a matter of waiting for a different phase of the collection process. Some creditors are more inclined to play "hardball" than others, but virtually all of the major institutions eventually sell their accounts to debt purchasers in order to recover what they can on the account. See similar questions...

There are several important differences between my Do-It-Yourself Debt Negotiation Training & Coaching Program™ and competing do-it-yourself debt-related eBooks, books, or reports. Although the training seminar (Step One of the overall Program) covers all the available debt program options quite thoroughly, it focuses on Debt Settlement as the most logical and flexible choice for most consumers seeking to avoid bankruptcy. See similar questions...