Now that you are making rapid progress in your debt settlement program, you are beginning to see the fruits of your labor. You are depositing funds each month in your personal F.D.I.C. insured special purpose savings account and you are seeing your outstanding debts disappear one by one. Depending on your unique financial situation and exactly what creditors your debt settlement professional is negotiating with, you are working on a schedule that will settle your debt in as little as 36 months.* The end is in sight. Accelerating your program and settling your accounts early is a great way to speed up this process, bringing you that much closer to financial freedom.

The best way to accelerate your program and settle accounts early is to increase the amount of money you are placing into your special purpose savings account each month. By doing this you are providing your debt settlement professional with additional leverage in dealing with your creditors, allowing them the possibility of settling your accounts ahead of schedule.

Identifying ways to increase your monthly savings amount is not as difficult as you would think. Just look around your home and you can probably identify ways to generate some money for use in accelerating your debt settlement program. Unused tools, toys, sporting equipment, and electronics can be easily turned into cash through Ebay or Craigslist. That motorcycle or 4-wheeler that is just sitting in the garage collecting dust can represent yet another account to be settled. Yard sales are also a great way to generate some cash for use in your debt settlements.

Take the time today to identify possible ways to generate more cash for your debt settlements. You will most likely be able to kill two birds with one stone; accelerating your debt settlement program and cleaning out some clutter from your home. The quicker you can become debt free the quicker you can begin your journey to financial success. 

*Individual results may vary based on ability to save funds, amount of debt, willingness of creditors to negotiate, and the successful completion of all program terms. Program does not assume or pay any debts, nor provide legal or tax advice. Prudence should always be taken by consumers when reviewing contracts and disclosure materials. DMB’s services not available in all states.

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