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http://www.diydebtsettlement.com
 
Page 1 of 3 © 2008 National Financial Awareness Network, Inc.http://www.nfan.com 
12 BENEFITS OFDO-IT-YOURSELFDEBT SETTLEMENT
 
12 Benefits of Do-It-Yourself Debt Settlement
Although the tide of bankruptcies receded after the new bankruptcy law went intoeffect on October 17, 2005, a swelling volume of new personal bankruptcy filingsare starting to flow into the court systems. With consumer credit card debt nowover $879 billion and 97 percent of consumers seeking pre-bankruptcy creditcounseling unable to repay their debts, analysts should not be surprised to seebankruptcy numbers steadily climbing.In the wake of these developments, debt settlement is becoming a popular bankruptcy alternative for consumers experiencing financial hardships. This trendwill likely continue as the economy continues to suffer from sluggish growth,stagnant personal income, a persistent negative personal savings rate and risinggas and energy prices. Debt settlement is designed for consumers in financialhardships.As debt settlement's popularity grows, so do the number of companies offeringprofessional debt settlement programs. These companies offer a valuable serviceto consumers, especially those who do not have the patience or emotionalstrength to negotiate directly with aggressive and sometimes intimidatingcreditors and debt collectors. However, with the right information, you cannegotiate your own debt settlements and be debt free in about two to three years.Here are twelve benefits to demonstrate the value of the do-it-yourself debtsettlement method.
1. Low investment.
Do-it-yourself debt settlement guides are much lessexpensive than the service fees charged by professional debt settlementcompanies. For example, the popular Do-It-Yourself Debt Settlement Kit,published by the National Financial Awareness Network, costs only $99.95(digital version).
2. High return.
If you were able to settle one $6000 account for 40 percent(which is a typical settlement amount), you would save $3600. That is a 360percent return on your $99.95.
3. Save money.
Hiring a professional debt settlement company will likely costyou thousands of dollars in service fees, compared to about $99.95 for a do-it-yourself debt settlement kit.
4. Know thyself.
Who do you trust more than yourself with your money?Handing your personal, sensitive financial dealings over to a complete stranger can be unnerving, especially if it is unnecessary.
Page 2 of 3 © 2008 National Financial Awareness Network, Inc.http://www.nfan.com 
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nfan

Yes, but creditors and debt collectors may take advantage of people who don't know what they are doing. Just knowing what documents you need, what needs to be included in the settlement letter and how to deal with debt collection is worth $99... and more. Other similar kits sell for hundreds.

reply04 / 03 / 2008
momof5

You don't need to spend $99 to settle your debt for 40% either. Just call your creditors, explain your hardship, and just do it.

reply04 / 02 / 2008
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