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In this video tutorial, Ben, a former CEO of a debt settlement company, shares insights on how to settle debt effectively and avoid losing money. He discusses the differences between settling debt on your own versus hiring a company, and explains structured settlements versus lump sum settlements. By the end of the video, viewers will have a toolkit to help them settle debt cheaper, easier, and faster. Welcome to Ascend Finances YouTube channel, where complex topics like debt settlement are simplified for easy understanding.