Before the new federal debt relief laws, entering into a debt settlement program used to be a very risky decision. The main risk was associated with paying upfront fees. This risk has been nullified with the new FTC laws.

Debt settlement negotiation is an aggressive debt relief option that has seen a significant number of new cases opened up in 2010. So why are credit card companies and other creditors agreeing to these debt settlement deals?

new bankruptcy laws that were recently passed made filing bankruptcy far less advantageous and more difficult to qualify for. As a result of these new bankruptcy laws other debt relief methods have come about one of which is debt settlement.

To clear debt, American consumers are working in different ways and programs. From credit counseling to debt settlement programs, getting out of debt seems to be a national goal these days. Here we take a look at debt settlement negotiation.