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If you're thinking about using a debt consolidation or debt settlement service to obtain out of debt faster and save money on your own monthly obligations, be sure you do your homework before selecting a company. You will find absolutely shams and scams available.

First i want to say that Debt solutions is *not* just like debt settlement/negotiation, which most people don't realize.

Debt settlement organizations charge hundreds of dollars as an initial "admin fee" to set up your account, plus a monthly service fee. The fees vary with regards to the company and the level of your debts.

Such companies take your hard earned money every month, but don't make monthly payments to your creditors! Instead, they put it in a trust account, negotiate your debts together with your creditors, then produce a lump-sum payment when there is enough in your account to pay a creditor in full.

That may take *years* depending on the quantity of 123 debt soulutions ltd with each creditor. Meanwhile, you can be sued by your creditors as well as your wages can be garnished! (Or just don't make payments to your creditors. You'll result in the same spot without paying someone to help you get there! )