While the do-it-yourself option offers the debtor more control and reduced fees, there are negatives generally associated with this option. Creditors have their own policies regarding debt settlement and certain creditors will not settle directly with consumers. Additionally, consumers may negotiate a less advantageous settlement rate on their own, as opposed to debt settlement companies that have relationships with creditors. Consumers may also face difficulty getting through to decision makers or experience long delays in any negotiations or paperwork processing with the creditors.

Furthermore, every creditor has different processes and procedures in how they determine settlement offers and terms. Not knowing those processes and procedures can leave a consumer in the dark and moreover the consumer can wind up saying or doing the wrong thing, leading them directly to the path of either an escalated legal matter to recover the funds or a much higher settlement rate. ACI has a Customer service department to assist consumers with any questions or difficulties that arise during their program. This support can be particularly valuable, especially in cases where creditors become aggressive. If an account were to escalate to legal status, a consumer settling on their own would need to seek out a third party for help. Unfamiliarity of the settlement process can be intimidating and mistakes can be made. You will need to beware of fine print and carefully review any correspondence, proposed settlement or agreement with a creditor as not every agreement is what it seems. It could be a repayment plan for full payment and not an actual settlement. Settlement Agreements should be reviewed very carefully, perhaps by a third party, to make sure that all the terms are those that are agreed upon. Settling one’s debt can be an emotionally draining and difficult process, not to mention the fortitude and time it takes for one to successfully negotiate down one’s debts.

Debt Settlement is a service much like Bankruptcy, Divorce, tax preparation or even a car wash. Can you do all of the aforementioned on your own? Of course you can. Will you achieve the desired results? Not certain. With Debt Settlement, the question should be asked why a consumer would even embark on such a tumultuous and arduous process with no real knowledge of the field and for what ultimate reason to potentially save money? It is unlikely that the average consumer will save themselves more money than a debt settlement company, like ACI who has the knowledge and experience that comes with years in the Debt Relief industry. Many people are uncomfortable preparing their own taxes for fear of a potential audit. Likewise, many people choose to hire an attorney to file for Divorce, fearing improper asset protection or simply improper filing were they to process the divorce themselves. Again, the same theory applies in Bankruptcy. A consumer can file their own case, but they run the risk of not filing it properly and having their case dismissed or worse. Even with something as simple as washing your car, every day thousands of people choose to have their car washed because they lack the time or desire to put in the effort, or feel they cannot wash the car as well as the company.

The same applies with Debt Settlement. While you can attempt to settle on your own, and you may even succeed, the results you get will likely never compare to that of a professional who has the specialized knowledge and years of experience working with creditors and settling accounts. This is why you should consider using ACI to handle your debt resolution needs. There is no obligation, and your satisfaction is guaranteed. Call us today to learn more about our guarantee and no obligation program. We can save you the stress of contacting creditors directly, and moreover, can save you more money than you would on your own and in a quicker time frame.