Debt is something many of us have in common. Whether your debt is as a result of a less than positive job market or simply because you've fallen on hard times due to over-spending or medical bills, it is always a financial monster that must be handled effectively. You don't want to get to the point where you're afraid to take your phone, as it is a creditor demanding payment. It is no fun getting nasty letters in the mail either with the risk of a lawsuit. You want to avoid such actions at all cost and the negative information that will be placed on your credit report. Now more than ever it's important to try and keep your credit clean.