If you have decided to undergo a debt settlement program, it shows that you are under high pressure of repaying your debts and bills on time and your financial crisis does not allow you to do so.
Coming to settlement programs, there are different categories for settlement; some might give relaxation on the amount to be repaid, while some programs negotiate on the time allotted for the repayment.
Either of these methods can help you a lot on fighting your debts and regaining your lost financial stability.
To legally eliminate unsecured debt, the settlements can really help you in coming into a stage where you can take control of the situation and direct your funds.
However, there are few facts that should be kept in mind before going for a debt settlement program:

1. Select the settlement company properly, go through their history and find out their charges.
   
2. Most of the settlement companies do not charge before negotiation, so keep this in mind and compare their charges with other companies offering settlement.
   
3. To legally eliminate unsecured debt, you might need to approach settlement companies with good reputation.
   So do not get carried away with less prices, rather prefer companies with good history and reputation.
   
4. There are cases where some fake and blacklisted companies claiming to be settlement companies have looted people.
   So make sure to check and validate their licenses before going further.
   
5. Remember that getting waivers and reduction from banks is difficult and not an easy task.
   So do not believe on anyone blindly who claims to get a big discount on the debt amount.
   

Finally once you arrive on any debt settlement company to legally eliminate unsecured debt, make sure that you start repaying your bills without negligence and without fail so that you need not run to these debt settlement companies again and again.