However, many fake debt elimination companies today offer you documents that they say would eliminate your debts without you having to spend a single cent. This is definitely a scam. 2) They can negotiate - If you think that all a debt elimination company can do is give you advice, you would be mistaken. People who want to accomplish the objective of total debt reduction and elimination often turn to experts for help. Many professionals are available today to help people who want to get rid of their liabilities. These debt reduction and elimination services often analyze a client's case and think up the best way to meet their objective. If you make use of this business debt elimination strategy, your net income will be restricted for three years. Legally, you say that you don't have any money left. Because of this, the government will be obliged to see to it that your claim is true. You will also not be able to touch your assets, since you technically do not own anything. A plan will help people gain a better understanding regarding the goal. It will help motivate people by showing them just how close they are to total credit card debt elimination. A plan will also show you the steps you need to take in order to accomplish your task. This way, you will be able to focus your effort to accomplish that goal. 3) Commitment - Although no one can truly blame a person for declaring bankruptcy, such action is usually taken as a sign of defeat. As said before, it does not really take much effort to give up. In order to accomplish debt elimination without declaring bankruptcy, you need to be totally committed to your goal. Debt elimination services will make sure that the plan you have in mind is: a) Attainable - The plan should be easy enough for you to follow. It should not prove to be too much of a burden to you. The plan that a debt elimination service will come up with should help you get rid of your liabilities without putting unnecessary pressure on you.