Have you been searching for information about how to get relief from your debt problems? With consumer debt in the United States at a record level, you're not alone. There are many companies, governmental agencies and non-profit organization that can help you. However, it can be difficult to understand your options and make sure that you're receiving unbiased advice. We hope that with the information provided on this site you will be able to address some of the basic money management practices to get you out of debt and make sure that you keep your debt under control.There are certain step that you must take to begin to control your debt.First you must get your spending under control. Form your monthly spending budget and know how much money you have coming in and going out on a monthly basis. Necessary payments and expenditures only.I would suggest that you try to negotiate with your credit card companies and other creditors.Try and get your creditors to forgive some of your debt. They may be acceptable to reduce some of your debt if they see that you are making an honest effort to comply with paying them off.Try and get the creditors to agree to a more favorable payment schedule.

DEBT RELIEF INFORMATION: Most Important-Prioritize

Think about what is absolutely necessary for you. This may be your mortgage payment, health insurance, utilities, etc. What can you live without in the event service is interrupted. Cell phone, cable, dish, internet? Review your credit cards and see which ones have the highest interest rate. These are the one's that you should put at the top of your list. Now it is time to make the calls and try and negotiate your debt and negotiate better payment terms.

DEBT RELIEF INFORMATION: Negotiation

Figure out what you're willing to pay to each of your creditors then prepare to offer to pay less than that amount. The creditor has to believe that you're capable of paying your proposal but that you might end up bankrupt if he refuses your offer. This would be a worse case scenario for the creditor, because if you file bankruptcy then the creditor will end up with nothing. Zero. Consider the timing of payments that would work given your income and expenses. Contact the creditors and start the negotiation process. Do not expect to be accepted with the first phone call. This maybe a long and drawn out process. Most importantly, if you get an agreement, GET IT IN WRITING. Do not agree to making a payment and much less rush to make that payment unless you have it in writing.

DEBT RELIEF INFORMATION: Debt Collectors Have To Follow Rules

Debt Collectors can be aggressive and may use unsavory tactics to obtain a promise to pay and this promise to pay may not be in your best interest. Yes, you do owe money but there are laws to protect. You should know these laws and know how they legally protect you. Here are some points to remember: Times of contact can be between 8am and 9pm. No other times.You can send a letter to the creditor asking them to no longer contact you. They must obey. The debt is still owed but they must stop contacting you.The debt collector can not harass you with threats, obscenities, or repeated and constant phone calls.The debt collector can not make false statements as to who they are in order to contact you.It is not easy to get out of debt. The more informed you as a consumer in debt, the more tools you will have to work with . We hope to have given you some insight and some tools to work with .

"Nobody can go back and start a new beginning, but anyone can start today and make a new ending." -Maria Robinson