Consumer Debt Relief Advice - How to Legitimately Eliminate 50% of Your Credit Card Debt

Once when your account gets turned over to the debt collectors your phone keeps ringing at all times of the day. You are scared to go bankrupt or of a lawyer coming and taking over your home and your car. This is a natural byproduct of non-payment of bills and being delinquent on your account. Something which is missing today is realistically budgeting of ones income and expenses. People tend to over spend much more than what they can afford and get into knee deep problems.

Advice given by the Debt Relief Companies

1. Budgeting:
For a consumer to start with debt relief advice any counselor will educate him about how to handle his finances. The first step towards it is to develop a full scale budget showing fund flow and expenses. Matching up every dollar earned to the expense made.

2. Contacting Creditors:
The Debt companies do not believe in the run away philosophy. They would advise the customer to get in touch with the creditors themselves and try to negotiate with them.

3. How to handle debt collectors:
There are federal laws for collection practices about which the customers have no idea. The relief companies educate the customers about the Dos and Dont's and help them to stand up for their rights.

4. How to locate a good settlement company:
Usually the debt relief companies are equipped with settlement services and help the customers settle their debts. If such service is not available the company would suggest good settlement companies to sign up and get a good deal.

Consumers debt programs are becoming very popular as more and more people found it handy and useful under extremely stressful condition.

If you want to get out of debt and hire a debt settlement company for debt negotiation then I have an important piece of advice. Do not go directly to a particular debt settlement company but rather first go to a debt relief network who is affiliated with several legitimate debt companies. In order to be in the debt relief network, the debt settlement companies must prove a track record of successfully negotiating and eliminating debt. They must also pass an ethical standards test. Going through a debt relief network will ensure that the debt company you are provided with is a legitimate and respected company. This is the most efficient way in finding the best debt settlement companies and increasing your chances of eliminating your debt. For top debt relief network check out the following link:

Free Debt Advice.