Remember: a debt elimination plan should not just look good on paper. 3) Commitment - A debt elimination plan is only good if you are willing to stick with it. You need to have commitment if you want a debt elimination plan to work. If a debt elimination plan requires some sacrifice from you, be prepared to make it. This means that you need to make a debt elimination strategy that will eliminate your liabilities in the shortest time possible. Also, once you have a plan of action in mind, you must hasten to implement it. 3) Save on cash - Even if you have stopped using credit cards, you should still watch your expenses. Well, business relies heavily on reputation. If you declare bankruptcy, that declaration will stay with you in your future. This would dissuade customers from doing business with you. Thus, your future chances in the same industry are killed. 2) Payment - Of course, one reason for business debt elimination can be payment. If you are facing such situation, worry not because there are literally millions of people who are on the same boat with you. 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. There are several websites, books and journals that may post what they term as debt elimination helps but in truth they are plainly debt elimination scams. So how can you identify the debt elimination scams from the legal options? The real score in here is that when you've got several sources, you end up confused and torn between the truth and the scam. A company offering good debt elimination services should be able to speak with your creditors and convince them to allow you to pay off your debts in a manner that's not too hard on you. This means that good debt elimination services should be able to help you come up with a whole new payment plan involving lower installments and lower interest and fees.