Can You Really Settle Your Own Debts for Pennies on the Dollar?

Most of the consumers contacting me right now have $25,000 to $50,000 or more in unsecured card balances. To them, settling balances for 50 cents on the dollar and avoiding the dreaded Chapter 7 or 13 is very appealing. I used to think settling on your own, if you have more than one or two cards, is too difficult for consumers. Creditors and collectors are simply too aggressive and have the upper hand.

But I've changed my mind.

I reviewed a program from Charles Phelan, an expert who was involved with one of the leading settlement companies in the early days (years ago). His audio/workbook seminar program goes into great detail on exactly how to settle your own debts. I listened to every word and found it to be one of the best programs I have ever heard on a credit topic. (And he has recently updated it. I am listening to the new version now.)

I had dinner with Charles in Southern California, and found him to be incredibly knowledgeable and genuine his is desire to help people get out of debt without having to pay excessive fees to all the rip-off artists that have cropped up in this business recently.

If you have ever wondered about negotiating lower pay-offs on your debts, I highly recommend his program. Because Charles is so in demand, he has partnered with a firm that offers the best of both worlds: an affordable do-it-yourself program (with Charles' training manuals and CDs) as well as expert settlement services when you need them. Make sure you mention my name as I have negotiated a special discount just for my readers.

You'll find an informative video on their site at UltimateDebtNegotiationSolution.com Again, Charles' do-it-yourself program is fabulous and I recommend it, and now you can get it along with expert help if you need it, on a results-only basis.

Here is an email I received from someone I referred to this program last year: "Thank you so much for turning me on to Charles. He is incredible---saved us from declaring bankruptcy. I still have a long way to go---we had massive debt, however, we will end up settling for less than 40% when we're done. Charles's fee is so reasonable---it's SO WORTH IT! He is truly a hero to consumers who would otherwise never find their way out of debt. Please tell other women about him---he really helped our family find a way out of a terrible situation."

I know from my conversations with consumers that some people will still want to hire a firm to help them (they are too busy, too intimidated, etc.), so I still also refer consumers to a firm that will do it all for you. But now motivated do-it-yourselfers now have an excellent program to guide them through the process.

But the longer you wait, the more you'll miss out on the best money-saving strategies. So if you need help resolving your debts, check these sites out today!