Important Information
Debt settlement may affect your credit score and may have tax implications. Not all debts can be settled, and results vary by individual circumstance. We are not a lender or debt settlement company — we connect you with trusted partners who can help evaluate your options.
Is Debt Relief Right for You?
Debt relief programs work best for certain situations. See if your debt qualifies.
May Qualify
- Unsecured debt of $10,000 or more
- Struggling to make minimum payments
- Considering bankruptcy
- Behind on payments
Usually Doesn't Qualify
- Debt from secured loans (mortgages, auto)
- Federal student loans
- Tax debt
- Recent debt (less than 6 months old)
How Debt Relief Works
Understanding the process can help you make an informed decision.
Free Consultation
Speak with a debt specialist who will review your financial situation and explain your options.
Customized Program
If you qualify, a personalized debt relief plan is created based on your specific debts and budget.
Negotiation
Experienced negotiators work with your creditors to reduce the total amount you owe.
Settlement
Debts are settled for less than the full balance, often saving you thousands of dollars.
Common Questions
How much can debt relief save me?
Results vary, but many programs negotiate settlements for 40-60% of the original debt amount, plus fees. Your specific savings depend on your creditors and financial situation.
Will debt relief hurt my credit score?
Debt settlement typically impacts your credit score negatively in the short term. However, for many people struggling with debt, the long-term benefit of becoming debt-free outweighs the temporary credit impact.
How long does the process take?
Most debt relief programs take 24-48 months to complete, depending on the amount of debt and your monthly payment amount.
Are there any upfront fees?
Reputable debt relief companies do not charge upfront fees. Fees are typically collected only after a debt has been successfully settled.