I would suggest reading around on this forum and learning what your options are as each case is different. We do not know if your bad debts are 1 month old or 6 years old for example which would elicit a different response. We also do not know if there are any judgements against you, court cases, or if everything is simply with collections right now (or even still with the original creditor).
Also, even why you do clean up, one factor in healing credit is time and that is something you cannot get around. You cannot magically make your credit score better or get debt free in a day. The crockpot method is what works here, not the fast food.
@debtzapper I understand and it should make the OP getting approved a quick three step checklist. Just reading the cases and statutes got me to wondering why they put that "merits" section 4 in there. Was it due to past scenarios such as a defendant in a debt case showing the Judge his counterclaim he wants to take to arbitration and the Judge saying that's a weak case, I'm not going to waste the time sending this to arbitration when I can just deny it now?