When you start negotiation processes with creditors, they will offer you a settlement. Many people accept this first offer simply because they want to get the situation settled. However, if you have a professional negotiator or arbitrator working for you, you'll end up with a better deal. If you are going to try and negotiate yourself, know what you need to make a good deal and be patient. Remember that the purpose of all of these activities is to relieve your financial burden so you can move forward.