Debt Settlement in Tennessee

Debt Settlement Experts

Are you drowning in debt and overwhelmed by constant stress? At Second Start Financial, we understand the challenges that come with excessive debt, and we’re here to help. We know that many hardworking Tennesseans are struggling to keep up with credit card bills, medical expenses, and other unsecured debts, often due to circumstances beyond their control. That’s why we’re dedicated to providing personalized debt settlement services to help you achieve financial freedom. Our experienced professionals will work with you every step of the way to create a customized plan that fits your unique needs and goals. With our help, you can break free from the burden of debt and start building a brighter financial future.


Debt settlement in Tennessee

How Professional Debt Settlement
Tennessee Can Help You

Avoid Bankruptcy

Prevent the long-term consequences of bankruptcy by settling your debts instead.

Lower Balances

Negotiate with creditors to reduce your outstanding balances and pay less than you owe.

One Monthly Payment

Simplify your debt repayment process by making a single, affordable monthly payment.

Stop Collections

End harassing calls and letters from collection agencies by enrolling in a debt settlement program.

Tax Benefits

Understand the potential tax advantages of settling your debts for less than the full amount.

Become Debt-Free

Achieve financial freedom faster by resolving your debts through professional debt settlement services.

Our Proven Debt Settlement Process

At Second Start Financial, we follow a proven debt settlement process to help you achieve the best possible results. Here’s what you can expect:

1. Free Consultation: We’ll review your financial situation, explain your options, and determine if debt settlement is right for you.

2. Personalized Plan: We’ll create a customized debt settlement plan based on your unique circumstances, including your debt amount, income, and goals. 

3. Dedicated Account: You’ll open a special account and make monthly deposits, which will be used to settle your debts.

4. Expert Negotiations: Our skilled negotiators will work with your creditors to achieve the lowest possible settlement amounts.

5. Debt Resolution: Once a settlement is reached, we’ll facilitate the payment to your creditor and ensure the debt is properly resolved.

Debt FAQ's

Debt settlement involves negotiating with creditors to accept a lump sum payment that is less than the total amount owed. The settled amount is typically paid from funds accumulated in a dedicated savings account over some time.

The length of a debt settlement program varies depending on factors such as the amount of debt, the number of creditors, and the individual’s financial situation. Most people can complete the program within 24 to 48 months.

Debt settlement can negatively impact your credit score in the short term, as missed payments and settled accounts may be reported to credit bureaus. However, many people find that their credit scores improve over time as they become debt-free and establish a history of responsible financial management.

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 cost of debt settlement varies depending on the provider and the amount of debt enrolled in the program. Most debt settlement companies charge a percentage of the total debt or a percentage of the amount saved through settlements. It’s important to carefully review any fees associated with a debt settlement program before enrolling.