Definitely, the future will look a whole lot better now. That is for certain. The elimination of debt is one thing that you will really enjoy. But before you can wallow in that relief, the work is not yet over.
Before you go out and celebrate, you need to make sure you have in your hands the black and white copy from the creditor that certifies your debt had been written off. Get a written and authenticated copy that certifies your debts had been forgiven and you should no longer be bothered by your creditor for it. Some people receive collection notices even after a debt had been settled. This is the proof that you will show them so they will no longer communicate with you about this particular debt.
Debt settlement also damages your credit history. Since it requires you to miss payments deliberately, your credit score will definitely … Read the rest