There are some proper steps to be followed while you negotiate with your creditors. You should not be rash or rude to the creditors and behave with them very politely. You can make an inventory of your loans and reach out to the bigger creditors first.
While following the steps of the debt settlement process you should be negotiating with your creditors with due care.
If you owe the lenders money they do not stand the chance to send you to jail or take away your possessions unless you have kept some collateral.
You should not go into any confrontation and present yourself to be very polite while conversing with them. You can negotiate much easily that way.
The creditors can become motivated if you tend to fall behind in making the payments. You can make some token payments and repay the debt off when you have the funds.
The best thing you can do about improving your credit report is by negotiation. Your credit rating will get upgraded once you have made timely payments. This will help you to have a solid credit foundation if you can negotiate the same.
Take up the immediate payment plans because then you can pay through small installments which can be safe and secure. The future payments should only remain for the extra income that you receive in future. You have to pay low interests or make no payments for the interest if you negotiate well. Of course, the negotiation can be made by the debt settlement negotiators. You can negotiate with the creditors about future business because the prospect of getting a sale can be equally tempting for the creditors and they would love to go by the settlement. So, a settlement plan with the help of negotiators will enable you to make timely payments to your lenders.