Before your skepticism gets the best of you let me say that it is entirely possible to negotiate your own debt. I know because I recently negotiated my own debt to about half of what a debt settlement company was offering and about a third of what bankruptcy would have cost me! For more information click here.
The first, and most important item when negotiating your own debt is know your rights. You can bet that the debt collectors will know theirs and they are counting on you not knowing yours. Here are some ways to bring your negotiation to a successful conclusion.