The bad part though is that since you haven't started your way in this journey, you have to face the fact that you are still in a pool of debt and the only way out there is to seek for the legality of debt elimination. It is easy to claim that debt elimination is the sole way to lessen your problem. But then how will you take it? The end point for these things is the signing of debt consolidation strategies especially when dealing with the concerned lenders and then figuring out which will be the very best payment scheme option available will work out right. Debt elimination calculator is like a software used in computing for the credit card debt consolidation options. 1) Time - Consider how much time it would take for the debt elimination program to work. Many debt elimination programs available today are able to provide observable results only if you look at its long-term effects. Although many people would say that a good debt elimination program considers the future, there is also a need for you to see immediate results. 2) Negotiation - A common credit card debt elimination program used by people is to negotiate with their creditors to forma a payment plan which can be easier on them. Often, a person will sit down together with an advisor and his or her creditors to analyze the debts of the person and try to consolidate them into a single debt which would be much easier to pay on the part of the client. Legally, you say that you don't have any money left. Because of this, the government will be obliged to see to it that your claim is true. You will also not be able to touch your assets, since you technically do not own anything. This is the reason why declaring bankruptcy should be the last resort in business debt elimination. So what are the things you should know about debt elimination companies? 1) There are fake ones - As in every type of business, debt elimination companies also have counterfeits. While a real debt elimination company will help you get rid of your liabilities, fake ones will give you nothing but headaches.