Many ways of settling debts are out in the market, and a lot of them are available online. One option is to announce bankruptcy, but are you ready for the consequences that this could bring you? Getting unsecured debt consolidation loan would also be another option, but, because it requires no collateral, interest rates are quite higher. Are you ready to risk another heavier loan with higher interest, just to pay off an older debt? Credit counseling agencies would also be another answer. You would look for a reputable company, have them handle all the credit companies running after you, and you would be paying this company instead. An advantage to this though, is that they would be able to work out lower fees, and lower interest fees. Are you willing to let another company carry your name, and risk having your name in a better credit, or possibly, worse credit?
Debt negotiation companies would be our last option instead of an unsecured loan. They differ from your credit counseling company in a way that while the later would be able to assist you in improving your financial situation by advising you on how to handle your finances better, and getting you better fees, compared to the former, who does your payments for you, since, companies run after them, instead of going to you directly.
So with these possible alternatives, know what you really need and recognize your strengths. What should be constant is to know what you're dealing with.