NetDebt

Many people know about debt. I think we are all familiar with it. Debt is no fun. Personally, it is a word that I don’t want to hear.
However, if you have problem with debt, don’t need to worry. I think debt settlement is a solution. As cited from wiki, Debt Settlement, also known as Debt Arbitration or Debt Negotiation, is an approach to debt reduction. One of main objections to consumer debt settlement is damages credit.

Damages Credit
Debt settlement damages the scores in credit report. A credit report is used by creditors to judge past credit performance to see it the applicant meet their criteria for lending. A person’s credit report is used by insurance companies to determine premiums and prospective employers review the credit report to establish the character of a job candidate.

NetDebt
There are companies that give you a debt solution. NetDebt is one of them.
To help with debt settlement, NetDebt retains a lawyer on your behalf as well. As the result, NetDebt is not free. They charge a fee equal to 15% of the debts that you include in the program. But, I think NetDebt can be a great help in certain situations such as if you having trouble keeping up your multiple credit card payments.

For your info, as I cited from NetDebt site, NetDebt has successfully eliminated the need for embarrassing and time consuming “counseling” sessions that accompany all other debt programs.