Debt Relief Faqs

Who benefits from debt reduction and debt settlement programs?

Debt resolution programs offer the greatest benefit to borrowers who owe substantial debts or are thinking about joining credit counseling. If you are considering bankruptcy as a way out of debt, you should look at debt reduction programs first. Our specialists stand behind you as advocates offering non-biased advice to pay off the money you owe.

How does debt reduction work?

After you authorise us to negotiate on your behalf, we discuss debt resolution options with each of your credit card companies, personal loan lenders, medical bill collectors, and other unsecured debt holders. These discussions normally happen after you have opened a new bank account and saved up enough money through the debt settlement program to make a reasonable offer. We can help you create a plan to pay off your accounts as quickly as possible.

How long will it take to get out of debt?

Our professionals start working on your debt situation as soon as you enter the program. The timeframe to being debt-free depends on a number of factors, including your existing balances, how much money you can put towards debt each month, and creditor negotiations. For the average client, unsecured debts are paid off within two to four years.

Can you help me pay off my auto loan?

Our debt settlement program only works with unsecured debts. After you complete the program, you can use the money you have saved through the process to put towards car loans, mortgages, or other secured debts backed by collateral.

Do I have to continue making minimum payments?

Paying less than the minimum amount due or making late payments can adversely impact your credit score. Our credit card debt forgivenessprograms are independent of any obligations you may have to your creditors.

How much does debt settlement cost?

You will not pay any fees until after each debt is settled. At that time you will authorize a payment to your creditor and we will collect our stated fee.

Can I get more information without committing to a specific program?

Yes. Fill out a short request form or call our debt specialists to discuss your financial situation. We can help you decide whether credit card debt forgiveness, credit counseling, or bankruptcy is right for you. We will also answer any other questions you have.