. With the unstable economy and the common mistake of overstretching one's credit, the number of people running into debt is increasing each day. It can make you feel helpless and hopeless when your creditors start hounding you and you have no means to clear the debts. Your only option would be to eventually file for bankruptcy. So how can you clear your pending debts? This is where debt relief firms can help you out. They will study all your credit reports and financial documents so that they can get to the root of the problem. Once they have located the source of the problem, they will proceed to the next step. A debt relief firm works in the following ways: 1.They will set up a meeting with one of their counselors who will establish if you are eligible for debt settlement. If you are not eligible, you will have to opt for filing a bankruptcy claim. 2.Once it is established that your debts can be cleared, you will have to fill out some forms that will mainly consist of your expenses and how your money has been spent. 3.The counselor will study all your documents and financial reports and map out a personalized spending plan for you. They will also create a separate account that will be used to pay your debts. It is strongly advisable that you stick to their strategy. 4.The counselor will also help to clear your pending payments at a much lesser amount than you actually owe. 5.They will also prevent your creditors from harassing you repeatedly. They will deal with them directly and resolve the issues. 6.Negotiators from their side will speak with your creditor and work out an acceptable written settlement offer from him. Money will be sent from your separate account to him and soon his payments will be cleared. 7.Once they have cleared all the dues, they will also increase your credit score so that your future is financially secure. They will also give you advice about how to prevent running into debt again. Superiordebtrelief.com have had a long line of successes in this field and they can turn your unstable monetary state into a bright and financially secure future. Call them soon!