Can't I do debt settlement on my own?

By
Services for Real Estate Pros with Phoenix Company Fast Credit Repair

You can try.  Most times creditors are not willing to work with individuals and will not offer very favorable settlements. Plus, if you don’t have the necessary negotiation skills and experience, you will never know if the creditor is giving you the best terms available.  Because a Certified Debt Specialist works with thousands of creditors and has thousands of clients, creditors are willing to work with us. Certified Debt Specialists are trained in the “ settlement language”.  They know the special terms that are available, and what solutions have been successful for others in similar situations.

 

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Comments (2)

Elva Branson-Lee
Solid Source Realty GA - Atlanta, GA
CDPE - Atlanta Real Estate & Short Sale Agent

It certainly does help to understand and be able to use the language of the trade when trying to negotiate with lenders and creditors.

Mar 04, 2010 11:08 AM
John Thomas
E3 Green HOMES - Boulder, CO
EcoBroker, MSEE, MBA

Good points Mark...I also think it is important to decouple the emotional charge from the negotiation process.

Mar 04, 2010 11:12 AM