Best Debt Settlement Companies

It can happen to just about anyone. You lose your job, someone in the family gets sick, or some other unexpected expense comes into your life and suddenly you're faced with the prospect of not being able to pay your bills on time. From there things start to snowball. You get further and further behind on payments, late fees and interest rates keep getting higher and since in today's economy it is as hard as ever to generate additional income, the gap between how much money you have and how much money you owe keeps increasing. You don't want to give up, but it starts looking like bankruptcy may be the only way out.

Debt settlement may be a way to keep from having to declare bankruptcy. Debt settlement companies work to negotiate with your creditors to lower your debts, sometimes by more than 50%. By reducing the amount you owe, debt settlement companies are able to reverse the downward spiral and save you from the embarrassment and intrusive court-mandated controls of bankruptcy.

Debt settlement is not for everyone. Debt settlement does not work for all types of debt and like declaring bankruptcy, debt settlement will wreck havok on your credit reports and your credit score. Debt settlement should not be taken lightly and should only be considered when you are nearing the end of your rope. But if you are afraid that bankruptcy is on the horizon, it is worth investigating debt settlement as an option.

Listed here are the top ten best debt settlement companies. If debt settlement is a good option for you, contacting these companies could be the first step in bringing your finances bank under your control. Don't agree with the list? Vote for an existing item you think should be ranked higher or if you are a logged in, add a new item for others to vote on.

Vote for Debt Settlement USA 4) Debt Settlement USA

Entire company was created with the clients interest in mind, they put helping the client before earnig a profit.


Vote for Square One Debt Settlement 5) Square One Debt Settlement


Vote for Credit Care Corporation 6) Credit Care Corporation

We are a 23yr old credit repair and debt negotiation co. with an A BBB rating, currently providing a 50 discount.


Vote for Debt Settlement America 7) Debt Settlement America

These guys rock! Saved me TONS and I’ll recommend anyone go their direction!


Vote for Fidelity Debt Solutions 8) Fidelity Debt Solutions

Fidelity debt solutions had exceptional customer service. I am a recent college grad with multiple loans and they were very patient with all of my questions and set me up with a great repayment plan


Vote for Trident Debt Solutions 9) Trident Debt Solutions


Vote for GHS Solutions 10) GHS Solutions


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Choices Not In The Top Ten

Vote for DMB Financial 11) DMB Financial

DMB was the first company that took the time and patience (thanks Chris) to explain how it really works, and their fees are tied to my success.

They are a great company to work with. They are fair and get their clients the best settlements possible

They don’t take all their fees up front. Instead, they get paid only when they actually negotiate a good settlement. Plus, they were recognized in Forbes Magazine this year. They take the time to explain what your options are.

Vote for Total Debt Services 12) Total Debt Services

Vote for New Life Debt Relief 13) New Life Debt Relief

Vote for Right Start, LLC 14) Right Start, LLC

My rates were getting to where I was struggling to make my payments. I depleted my savings and had to start taking money from my retirement fund. I searched the internet and came across "Right Start", read their webpage and was impressed. I sent my information in and received a phone call quickly. I was a little nervous but I was assured that they could help me. My rates were reduced from 9.125 percent adjustable to a fixed rate of 5.625 percent. Everyone that I dealt with was very professional, thoughtful and courteous. I’m very thankful for the talented people with "Right Start".