Negotiating with collection agencies will definitely aid you in getting rid of your unsecured debts. This will simply eliminate much less than 50% of your debt that you have and in case you bargained an issue creditor for top deal, you will get up to 70% relief. But one very important thing is to stay in mind. If ever the forgiven debt is a bit more than $600, it counted as your taxable income. This is because the fact how the amount of money that you save is actually what you were supposed to s...