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In this tutorial, Ben, a former CEO of a debt settlement firm, provides an overview of how debt settlement works, covering the process, costs, and essential information for making informed decisions about financial situations. He acknowledges the presence of many debt relief firms and aims to clarify any concerns. The video, presented by Ascend Finance, simplifies complex topics related to debt settlement. Ben introduces a Debt Summit Cost and Alternatives Calculator available in the description, which helps users analyze their options based on personalized data to make better choices. The video outlines the topics that will be discussed.