I don't think I would go so far to say that all debt settlement companies are scams, but it is true that many of them are and even the ones that aren't you can do the same thing yourself at no cost. This takes more effort on your part, but it is also a good learning experience and forces you to take a look at your debts and how you came to accumulate them which can be very helpful to you in keeping debt down in the future.
Debt Settlement & Credit Counseling Companies