There’s a morning after debt.
See what settling your unsecured debt could cost, in dollars, before you give anyone your phone number. The fee, the timeline and the downsides are all in the estimate.
Since 2008 · Real people in English, Spanish and Hungarian
Month 12 of 28. 1 of 4 accounts resolved. $21,250 still enrolled.
Drag the sun to walk the plan. Each star is one account. Illustrative.
The plain terms
Most companies bury these in the footer. We put them first, in the same size as everything else.
What it costs
Fees apply, and you see them in dollars before you sign.
The estimates on this page use an illustrative fee of 20% of enrolled debt.
How long it takes
Most programs run 24 to 48 months.
Accounts resolve one by one as your dedicated account grows.
What can go wrong
Your credit score will drop during the program.
Creditors may keep collecting and can sue. Forgiven debt may be taxable (IRS Form 1099-C). Not all creditors settle.
Who you’ll talk to
A real person picks up the phone. No bots.
In English, Spanish or Hungarian. We also serve clients abroad who hold a US SSN or ITIN.
How it works
Nothing moves without you. We do the negotiating; you keep the final say on every dollar that leaves your account.
Talk with a real person about what you owe. You see the numbers, the fee and the downsides.
You open an account in your name and make one monthly deposit into it.
We work with each creditor as your balance builds, starting where a settlement is within reach.
We bring each offer to you in dollars. Nothing is paid until you say yes.
Settle for $3,380
50% of the balance, paid from your dedicated account
Illustrative example
Each approved settlement is paid, until the last enrolled account is done.
Programs
For people and for businesses. A small, expert team works every file.
For individuals
For unsecured debt you can no longer keep up with. We negotiate each account toward a lower payoff, and you approve every settlement before it is paid.
Each account settles on its own schedule.
How debt settlement worksFor businesses
For owners under pressure from merchant cash advances and other business debt. We negotiate with the funders.
Business debt reliefFor businesses
For businesses that need a working plan for the money coming in and going out.
Cash-flow consultingCompare options
Settlement is one tool. Here is how it stacks up against the other three, in plain terms.
| Question | What we do Debt settlement |
Consolidation loanFrom a bank or lender | Debt management planFrom a nonprofit counselor | BankruptcyThrough the courts |
|---|---|---|---|---|
| What you pay | A negotiated share of each balance, plus fees shown in dollars up front | The full balance plus interest on the new loan, sometimes an origination fee | The full balance, often at a lower interest rate, plus a small monthly fee | Court and attorney fees; some debts are wiped out, others are not |
| How long | Most programs run 24 to 48 months | The loan term, often 2 to 7 years | Usually 3 to 5 years | Months for Chapter 7; 3 to 5 years for Chapter 13 |
| Credit impact | Your score will drop during the program | Needs good credit to qualify; on-time payments can help | Accounts are usually closed; less damage than settlement | Severe; stays on your report for 7 to 10 years |
| Main risk | Creditors may keep collecting or sue; forgiven debt may be taxable | Running the cards back up while repaying the loan | Missing a payment can end the plan | Lasting credit and public-record effects |
| Who it fits | About $7,500 or more in unsecured debt you can’t keep up with | Good credit and income to repay the full balance | Can afford the full balance if the interest comes down | Debt you can’t realistically repay; talk to a bankruptcy attorney |
Honest closer: if you can afford your full balance once the interest comes down, a nonprofit debt management plan may cost you less than settlement. We would rather tell you that now.
Illustrative settlements
Illustrative examples, not real clients. Bars show the settled amount (solid) and the illustrative fee (hatched) against the original balance. Results vary; not all debts settle.
A note from your advisor
When you call us, a person answers. Not a script and not a bot.
We’ll ask what you owe and who you owe it to. Then we’ll show you the numbers: what you might settle for, our fee in dollars, how long it usually takes and what can go wrong. You decide whether it makes sense.
If settlement isn’t the right tool for you, we’ll tell you that too.
Is it right for you
Guides
Plain-language help, whether or not you ever call us.
Questions
Still unsure? Call 866-659-7966 and ask a person.
Yes. While you build up your dedicated account, payments to creditors stop, so late payments and settled accounts show on your credit report. Most people see their score drop during the program.
Yes, it can happen. Creditors may keep collecting and can file a lawsuit while you are enrolled. If you are served, call us right away so we can talk through your options.
It may be. The IRS can treat forgiven debt as income, and creditors report it on Form 1099-C. Some people qualify for an exclusion, for example if they were insolvent. A tax professional can tell you where you stand.
Fees apply, and you see them in dollars before you sign anything. The estimates on this page use an illustrative fee of 20% of enrolled debt. Your written agreement shows your actual fee.
No. We don’t lend money. Settlement negotiates what you owe; a consolidation loan replaces your debt with a new loan. If a loan fits you better, a bank or credit union is the place to get one.
Right now we are enrolling clients in Florida, Georgia, Texas and California. If you live somewhere else, your estimate will point you to free nonprofit credit counseling instead. We also serve clients abroad who hold a US SSN or ITIN.
Your estimate comes before any contact details. Start by checking your state.
Four short steps · estimate before contact
Step 1 of 4