Sinking in credit card debt, what is the best option, waiting for collections, or debt negotiation?

I recommend debt settlement . Total Debt Solutions partners with a company in Texas called Credit Results USA to offer debt settlement. Credit Results USA has been in business for years and is listed with the BBB. My dad used them with great results getting debt free in 36 months. He held the money in a trust account; this isn't just sending money to some faraway company each month and saying a prayer that you dont get ripped off. Check out the source website and their free evaluation form or toll free number; they can help!