Debt settlement is the preferred option of debtors but sometimes, they approach it with the wrong assumptions. These give them a distorted impression of what this process is really all about.
While it is true that this debt relief method will aim to negotiate for a lower outstanding balance on your debt, waiving off late payment penalties and other charges, and a lower interest rate, it will not be served to you on a silver platter.
Do not get us wrong. This is still one of the best and legitimate options to get rid of debt and it really works for some people. However, we need to paint the right picture for you so you will be relieved of any false assumptions about your expectations of this program.