Are you currently in too much debt and wondering about solutions? You might have heard about debt settlement but are not really sure how it works. Debt settlement is when two parties, the one who owes and the one who is owed, come to an agreement about a debt collector. This is a way for debtors to pay a lump sum that is usually a lot smaller than the amount that is being claimed by the collector. Have you found yourself wondering, “Is there a debt settlement near me?” There are various ways to go about obtaining a debt settlement, such as trying to negotiate yourself with the collectors, but this is often very difficult because you do not have the proper experience and will most likely be taken advantage of by the collectors.