subject: Why You Need A Debt Settlement Specialist To Eliminate Your Credit Card Debt [print this page] You do not need anybody to let you know that getting into debt is a very easy task. You might want to consider contacting a debt reduction specialist when you start to see that your not able to pay your minimum monthly credit card payments, and you keep seeing the balance get larger due to more and more late fees or increased rates and over-limit fees.
The simple answer to the question "Can't I just do it myself?" is yes. You legally have the right to try and settle your debt with your credits on your own. Some things that you must know are:
People that you should consult?
Each credit company is made of many different departments of business. Will you be able to locate the correct department? Do you truly think that the company department that receives your debt settlement request the first time will send it to the correct department?
Things you should put in your Request for Debt Settlement letter.
You can not really know how to take this situation to a company so that they will really consider your request if you are just an average credit user like myself. Your letter must be proper and appear great so that they will take you seriously and you must let them know how tragic your situation actually is.
When do you know that it is too much? And how will you know what is too little?
Are you aware of what a normal debt settlement looks like? How much should you try and make the settlement for if you owe $10,000? Nobody actually knows what the "correct" dollar amount to try and settle for is. For sure I do not know!
I'll tell you that if it seems that I am not a very do-it-yourself type person when it comes to debt settlement, then you guessed right. Why? The entire process is confusing, frustrating, and complicated, you have to find the right people to contact and write the exactly right words and negotiate the proper settlement.
You should consult someone who is a debt settlement specialist to assist you in this complicated ordeal. These are some reasons why:
These people are able to contact the correct people in the departments the first time they try because they have a database of credit companies, addresses, phone numbers, fax numbers, contact names, and email so that they can make the process easier for you.
These specialist have pre-written debt settlement letters that are in the correct tone to get your settlement reviewed on time, and they have letters for every type of credit issue you could imagine.
They have worked with these companies before and know what is a reasonable settlement to try for. There wont be any guessing on anybody's part!
Consulting a professional in debt settlement is probably the best thing you could do for yourself when you are attempting to settle your credit card debts. You will not regret the decision to leave the complicated matters in the hands of the professionals!
