What you need to do is go to different people for help. There are a lot of people whom you can approach for help in credit card debt elimination. There are financial advisory services that can help you with the discipline and the mindset you need to eliminate your debts. Some people will give you advice on how to survive while trying to pay off the credit card companies. However, there are debt elimination companies today which take your money and then offer some half-baked advice on a good debt elimination program. Remember that you need someone to help you manage your finances. You do not need another company who wants to take all of your cash. 3) Personalization - A good debt elimination program should be suited to your needs. This means that even though you will be reducing all of your debts, your smallest credit will be eliminated much faster than the others. 4) Repeat the cycle - After you have paid off your smallest debt, use the money you have budgeted for the minimum payments to pay off the next debt on your list. This means that the next debt will be accorded the following amounts: a) The minimum payment for the debt b) The minimum payment for the previous debt c) The extra amount that you can afford As you can see, the budgeted amount for each debt increases as each debt is paid off. There will be no further questions when bankruptcy is the case. Then lastly is the debt negotiation. In here there is a third party who now settles or negotiates with the creditors and therefore guarantees them that a portion of an amount that is to be settled by the debtor will now be handled by him. You also need to get your facts straight in order to come up with a good debt elimination plan. You need information on different financial concerns such as interest rates, projected expenses, etc. You need to have this information so that you can come up with a debt elimination plan that's realistic. Because of this, you will be able to come up with a debt elimination strategy that is tailored to your needs. This means that you will be able to focus all of your efforts to remove your debts. 4) They need your help - If you think that you can dump all of your problems into a debt elimination company, you would be mistaken.