Debt FAQ's

Debt settlement is a process where a debtor and creditor agree to settle a debt for less than the full amount owed. This can help the debtor pay off their debt more quickly and affordably than continuing to make minimum payments.

Our debt settlement program works by negotiating with your creditors to settle your debts for less than the full amount owed. You make regular payments into a savings account, which we use to negotiate with your creditors on your behalf. Once a settlement is reached, you make a one-time payment to settle the debt.
Yes, debt settlement may have a negative impact on your credit score. However, if you’re already struggling with high levels of debt, your credit score may already be affected. Our goal is to help you become debt-free as quickly and affordably as possible, so you can start rebuilding your credit score.
Generally, unsecured debts like credit card debt, medical bills, and personal loans can be settled through our debt settlement program. However, certain types of debt like student loans and tax debt cannot be settled through debt settlement

The length of the debt settlement process can vary depending on your specific financial situation and the amount of debt you have. However, most of our clients are able to become debt-free in 24-48 months.