Thanks for coming to learn about Do It Yourself Debt Settlement! We're here to help you create your own Debt Settlement Plan, save the cost of Debt Settlement Companies AND identify the personal barriers that have made your do it yourself debt settlement plans a failure in the past!

Why Do It Yourself Debt Settlement?

Why might people need do it yourself debt settlement?

There are many harmless reasons. In this economy some people suffer unavoidable financial loss. They have a lifestyle supported by their former employment or level of business success that allowed them to take on debt. When a recession or downturn comes along through no fault of their own, everything seems to fall to pieces.

At that point, the person is left with a significant income loss and in need of a debt settlement plan.

Hardworking people want to move on with their lives and they sense the legitimate need to escape the obligations others have upon them in the way of debt. They refuse to run away from their responsibilities, but they know that - in the case of credit cards at least - they'll pay many times over. Escaping these obligations at a "discount" through a debt settlement plan agreeable to all parties just makes sense!

Needing a do it yourself debt settlement plan can happen to anyone once. That's life.

Let me ask though, have you done a debt consolidation loan or made other attempts at do it yourself debt settlement once (or more) times in your life BEFORE?

Have you resolved to get out of debt in the past and now - "before you know it" - you're talking about another debt settlement plan yet again?

In that case, you may not need to talk as much about do it yourself debt settlement right now as you may need to consider the roots of your debt problem. One book many have found helpful in this regard is the book The Currency Of Hope which discusses how people first identify and then emerge from a cycle of what the authors call "compulsive debting"....

You may be in such a debt cycle yourself if you find yourself resolving to create a debt settlement plan again and again.

This isn't a website for "psychotherapy" or anything, but it would be irresponsible to begin discussing how to create a do it yourself debt settlement plan without at least raising the issue. Do you have a debt problem that you're creating for yourself that causes all your debt settlement plans to date to fail?

Just asking.

To help you explore this issue in depth, here are 15 Questions to help you explore the issue:

Most compulsive debtors will answer "yes" to at least eight of the following 15 questions from Debtor's Anonymous. In their opinion, if you answer "Yes" to 8 of these questions, your immediate problem is not the lack of a debt settlement plan. Your most pressing issue is how you use taking on debt as a way to feel better by living beyond your means.

1. Are your debts making your home life unhappy?

2. Does the pressure of your debts distract you from your daily work?

3. Are your debts affecting your reputation?

4. Do your debts cause you to think less of yourself?

5. Have you ever given false information in order to obtain credit?

6. Have you ever made unrealistic promises to your creditors?

7. Does the pressure of your debts make you careless of the welfare of your family?

8. Do you ever fear that your employer, family or friends will learn the extent of your total indebtedness?

9. When faced with a difficult financial situation, does the prospect of borrowing give you an inordinate feeling of relief?

10. Does the pressure of your debts cause you to have difficulty sleeping?

11. Has the pressure of your debts ever caused you to consider getting drunk?

12. Have you ever borrowed money without giving adequate consideration to the rate of interest you are required to pay?

13. Do you usually expect a negative response when you are subject to a credit investigation?

14. Have you ever developed a strict regimen for paying off your debts, only to break it under pressure?

15. Do you justify your debts by telling yourself that you are superior to the "other" people, and when you get your "break" you'll be out of debt overnight?

How did you score? If you answered yes to eight or more of these questions, the chances are that you have a problem with compulsive debt, or are well on your way to having one. If this is the case, today can be a turning point in your life.

We have all arrived at this crossroad. One road, a soft road, lures you on to further despair, illness, ruin, and in some cases, mental institutions, prison, or suicide. The other road, a more challenging road, leads to self-respect, solvency, healing, and personal fulfillment. We urge you to take the first difficult step onto the more solid road now.