Knowing how to negotiate settlement offers is one of the best debt help tips available for everyone. You would be surprised to know that many of your creditors may be willing to accept a settlement offer for as little as 40 cents on the dollar. That means that if you owe $1,000, you might be able to negotiate a settlement for $400. This will save you $600 that can be used to payoff other bills. when you do negotiate a settlement, make sure that you get the agreement in writing and that the creditor promptly reports the payoff to the credit reporting bureaus.