DIY Debt Settlement

heidrek · #1 (**permalink**) 05-10-2010, 05:10 PM

Debt Settlement companies can charge quite a bit for their services.

Has anyone had any experience with Do It Yourself Debt Settlement? How did ity work for you?

JoshuaHeckathorn · #2 (**permalink**) 05-13-2010, 10:43 AM

Anything a DS company can do, you can do yourself. It just takes time, some negotiation skills, and patience. It's at least worth giving it a go on your own before enlisting help from someone else.

The Debt Classroom · #3 (**permalink**) 05-19-2010, 04:32 PM

Quote:

Originally Posted by JoshuaHeckathorn

Anything a DS company can do, you can do yourself. It just takes time, some negotiation skills, and patience. It's at least worth giving it a go on your own before enlisting help from someone else.

I do agree that you should not pay a settlement company 15-20% in fees - that can really add up! I believe that those that are clueless about the concept, process and techniques do need some one-on-one assistance and guidance - as well as a strong stomach and determination!

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