Not all types of debt are best suited for a debt settlement programs. This article is a quick guide to assessing the eligibility of your debts for such a program.Several types of debts are simply not suitable for settlement. Government-related debts such as traffic tickets, fines, child support, student loans, IRS debt (taxes), and alimony cannot be settled. Other programs and professionals do often exist for these types of debt.There are a few types of debts where creditors simply do not settle at all. The most common instance of these is called payday loans. They simply will not reduce the principal owed by one cent. Another debt of this type is a judgmental that is already being successfully garnished. Once a debt is found to be completely unsettle able it should be removed from the service.Other debts cannot be settled because they are secured by some collateral. Mortgages, secured loans, and car loans are examples of secured debts which cannot be settled. If the collateral is surrendered or repossesses then the balance remaining is now unsecured and often settle able.For some debts it is the status of the debt and not the type of debt that determ

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