If you're struggling under a mountain of debt, you might be able to work with creditors—and even debt collectors—to make things more manageable. This process is often called "debt settlement" or "debt negotiation." For example, you might settle a debt by getting the creditor to accept a lower amount if you pay an up-front lump sum. Or perhaps you can negotiate lower payments, either temporarily or permanently. Before you contact the creditor or collector, figure out your goals and pick a few negotiation strategies. Below, you'll find articles to help you through the process.
Also, if you want help in dealing with your creditors, the articles in this section provide information on how to get reliable help and what to avoid, like debt negotiation firms.