Debt relief
What debt relief is, and what it isn't.
Debt relief is a broad term for ways to reduce or restructure what you owe. It can help some people with unsecured debt, but it comes with real trade-offs.
Free consultation. No obligation to enroll.
Types of debt
Whatever kind of debt you have, start here.
- Credit card debtHigh interest can make balances feel like they never move.
- Personal loan debtFixed payments that no longer fit your budget.
- Medical debtUnexpected bills from care you needed.
- CollectionsCalls and letters from collectors.
- Private student loansLoans without federal repayment protections.
- Not sure what you have?Answer a few questions
An honest look
Is debt relief right for you?
It isn't right for everyone. Here's a quick way to think about it.
It may be worth exploring if
- You have $10,000 or more in unsecured debt
- You're struggling to keep up with payments
- Your balances aren't going down
- You've had a change in income or expenses
Other options may be better if
- You can comfortably pay more than your minimums
- Your debt is mostly a mortgage or auto loan
- You need to keep your credit score intact soon
- Your debt is federal student loans or taxes
Before you decide: what you should know
All disclosuresYour credit may be affected
Debt relief programs can have a negative effect on your credit, especially if accounts become delinquent during the program.
Creditors don't have to negotiate
Creditors are not required to participate or to accept a reduced amount. Some may not.
Collection activity may continue
Creditors and collectors may keep contacting you, and interest, late fees and penalties may continue to accrue.
Lawsuits are possible
A creditor may sue to collect a debt, which can lead to judgments, garnishment or other remedies allowed by law.
Results aren't guaranteed
Not every debt is resolved, and no specific savings, settlement or timeline can be promised.
Taxes may apply
Forgiven debt may be considered taxable income. Consult a tax professional about your situation.
Stopping payments has consequences
Stopping payments to creditors can lead to late fees, collections and credit damage. Understand this fully before deciding.
You don't have to figure this out alone.
Start with a free conversation. We'll learn about your situation, answer your questions and help you understand what options may be available.
Free consultation • No obligation