Do Debt Settlement Letters Really Work?
If you can’t keep up with your credit card bills, then debt settlement might be the right solution for you. Many consumers think that they can negotiate their credit card bills using a debt settlement letter. Unfortunately, while this sounds like a good idea, it usually does not work. Why not? There are several reasons why debt settlement does not work by sending letters. Letters can get lost. While the U.S. Postal Service is usually quick and reliable, letters can still get lost. Or they can get delivered, and then get lost in a pile of paperwork on some clerk’s desk. Even if you send by registered or certified mail, or use a service like FedEx, there is no guarantee that the letter will be read by the right person. Letters don’t get to the right person. Each credit card company usually has a staff that handles settlements. Even if they allow the process to work through the mail, there is no assurance that your letter will get a response. Especially if your offer is not accepted. Lett
