Debt Elimination Options: Debt Negotiation

Consumers have multiple Debt Elimination Options and one of the quickest and easiest option is Debt Negotiation. I want to give you a little bit of background of what debt negotiation is, how it works and who it can help.

What is Debt Negotiation?
Debt Negotiation is a process of negotiating a reduced pay-off also known as a settlement of one's DELINQUENT DEBT. A consumer can usually save between 30-80% OFF their delinquent debt, if they know how to properly negotiate their debts, because believe me there is a right way and there is a wrong way. I'm not going to go into great detail about this, but if you are interested in learning how to "Successfully Negotiate Your Debts" then go to our website at www.nationaldc.com.

As you may have noticed I put emphasis on the fact that your debts must be delinquent when attempting to negotiate your debts. The reason for this, is that most credit card companies are not going to agree to debt settlement if you are making your monthly payments, why would they?

Your debts will need to be at least 90 Days delinquent before most creditors will even discuss the possibility of a settlement. It seems the more delinquent your debt is, the greater the savings you can negotiate off your debts.

Don't get me wrong, I'm not saying purposely go delinquent on your debts to force your creditors into agreeing to a settlement on your debt, but if you are in a situation where you can't afford to keep up with your payments; then you may consider this being a future option when your debts become delinquent.

Debt Negotiation is the #1 Bankruptcy Alternative for many individuals and should definitely be considered as a powerful alternative to filing a bankruptcy, but everyone's situation is different so you should always explore your options.

Debt Negotiation Can Save You Thousands:
One of the great things about negotiating your delinquent debts, is that you may be able to take care of your debts for pennies on the dollars. Imagine this scenario, you have $40,000 in credit card debt and you are able to successfully negotiate this debt down to $15,000 with a little bit of effort and time. Meaning you would have SAVED around $25,000 OFF Your Debts.........Do you think this is worth your time to learn how to successfully negotiate your own debts? I would hope so.................remember you can request information about our Exclusive Do-It-Yourself Program by emailing me at jason@nationaldc.com

Debt negotiation helps you take care of more of your debts for less. Consumers that have access to a large sum of money to negotiate with, may be able to become debt free in a matter of months as opposed to years.

Debt Negotiation Can Work for Anyone:
Debt negotiation will work for anyone regardless if you have access to a large sum of money for purposes of settling your debts or whether you are able to set money aside each and every month. If you have some type of income coming in, debt negotiation should work for you.

Credit Concerns:
When considering the option of debt negotiation, one should consider the fact that anytime they become delinquent on a debt, it may have a negative impact on your credit. If credit is a concern of yours then you may want to find a way to bring your accounts current and maintain your monthly payment with your creditors.

One question I ask my clients is "Are you concerned about your Credit or Becoming Debt Free?" Only you can answer this question for yourself, but remember when attempting to negotiate your debts, in many cases your debts will have to be at least 90 Days Delinquent before a creditor would even consider discussing a settlement.

Right Way & Wrong Way:
As mentioned previously there is a right way and there is a wrong way to go about attempting to negotiate your debts. Many times individuals will jump online and get tid bits of information and think they know how to negotiate their debts and then once they contact their creditors or collection agency, they end up saying or doing the wrong thing and lose all negotiation leverage.

Dealing with bill collectors and attempting to negotiate a settlement on your debts isn't hard once you know "What to Say" and "What Not to Say" to your creditors or bill collectors to maximize your Savings Results. Saying the wrong thing could cost you thousands of dollars in potential savings, so don't you think it would make sense to learn the proper techniques and strategies before attempting to negotiate your own debts.

Who better to learn from then an individual or company that does this everyday. :) If you are interested in learning how to successfully negotiate your own debts, keep reading my blog or contact me directly at jason@nationaldc.com.

Disclaimer: This information is for educational purposes only and results will vary. This information should not be considered legal advice. If you feel you need legal advice you should consult a reputable attorney in your area.

Sincerely,
Jason Oswald
Debt Elimination Guru
www.nationaldc.com
www.debtnegotiationbusiness.com