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Are you in debt? Are you behind with your bills? Chances are your credit rating has taken a hit due to your current financial situation. Without going through the various reasons how you got to this point, moving away from your debt is imperative if you are to master your finances. Let's take a look at some proven debt solutions that can put you back on the road to financial viability.

Bill collectors and creditors want one thing from you: they want you to pay up on your financial obligations. The hassles of the phone calls and the distractions of written notices can take away your peace of mind worrying you endlessly. Soon, your health and your personal relationships are affected with no cure in sight.

Fortunately, you can seek debt solutions which are not only effective but lasting. Here are some options sure to help you during this time:

Direct Negotiation: If you haven't already contacted your creditors one by one, it may not be too late to talk to them about a debt solution. Perhaps the interest rate on a credit card could be dropped or a loan redone to satisfy both parties. They don't have to comply with your wishes, but the alternative - personal bankruptcy - could be something they would prefer to avoid.

Debt Solutions Counseling: You may need the help of a debt solutions counselor in order to get our house in order. A debt solutions counselor can negotiate new terms with your creditors and help you come up with a budget to keep ahead of the debt game. Some debt solutions counselors charge a fee for their service, so consider this when considering outside assistance.

Personal Bankruptcy: Although personal bankruptcy has gotten to be a more difficult task to achieve, it could be the last resort that you need to get out from underneath your debt. Nobody should advise you to take this path apart from trying to renegotiate your debt. Once you decide to file for bankruptcy, the wheels have been set to bring about a court date to rule on your request. A judge may not allow you to get out from underneath all of your obligations and a successful ruling for bankruptcy will ruin your credit for many years. Still, it could be your only alternative in a time of financial crisis and the ultimate debt solution remedy.

Frankly, if you are in debt then debt solutions carry a price. Weigh all of your options before seeking a debt solution resolution of any kind.