Consumer Debt Settlements - How to Avoid Bankruptcy and Get Rid of Debt Up to 70%

Are you contemplating bankruptcy or otherwise seeking debt relief? You've got choices in these hard economic times that will allow you to avoid bankruptcy. In addition, it is possible to settle your debts for up to 70%. Debt relief in the form of debt settlement is being considered by the credit card companies in lieu of paying off your entire debt because they would rather you avoid bankruptcy altogether. If you go bankrupt, the credit card companies, in most cases, get shut out. Think about the settlement option and how it could work for you:

• Debt settlement is negotiation between your creditor and a settlement expert. These experts have worked with the credit card companies to settle other people's debts; why not let them work for you and avoid the bankruptcy route.

• Bankruptcy, while a valid debt relief possibility, is long term poison. It will permeate your life for the rest of your life in the form of bad credit and no credit. Financial settlement will affect your credit score, but recovery is quicker and you will not be labeled as "gone bankrupt."

• Get rid of debt by having a qualified debt settlement counselor work with you, to talk about the burden you're carrying, and how to go about getting it off your shoulders. They will barter for payment options you can live with and the settlement company can reduce your debt up to 70% by negotiating with your creditors. It's an accepted, highly sought after debt relief process, and there's no reason you can't do it, too.

• Credit card companies would rather have something than nothing. That you admit your debt, that you are willing to settle, and that you are not heading for the hills or robbing a bank shows the responsibility you accept and want to settle accounts. They will listen and settle your debt for less and a settlement company will be your partner in the negotiation.

So get off the debt train, avoid the bankruptcy stop, and get debt relief through debt settlement.

Debt settlement is a legitimate way to make a deal with your creditors and walk away only having to pay half of what you actually owe. If you have over $10,000 in unsecured debt and realistically can't pay it back then you might want to consider debt settlement. To locate legitimate and reputable debt settlement companies in your state check out the following link: