Debt Settlement Information – Facts About Debt Settlement You Should Know Can I negotiate settlements on my own debt?

No. All settlements arranged or agreed to must be first confirmed in writing. Make

sure creditors or collectors fax or mail a copy of the agreed upon settlement for your review first. A settlement is a legal agreement therefore it must be placed in writing if questions ever arise in the future regarding a particular account. Try getting a signature on the letter if you can, some companies will forward settlement letters with out them and in some cases like dealing with original creditors this is an OK practice.

Debt Settlement Information Facts About Debt Settlement You Should Know Can I negotiate settlements on my own debt?

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