The company has a combined experience of 30 years with over $50 million in personal and business debt settled for our clients.

Any debt over $600 that is forgiven will be issued a 1099 by the creditor.  For example, if your debt was $20,000 and you reached a settlement of $12,000, then the forgiven debt is $8000.  However the IRS will often waive this tax liability if you prove that you were insolvent during the time in which your debt settlement occurred. Many of our clients are able to prove insolvency since their debts are more than […]

Start by checking with the Better Business Bureau (BBB). The firm should have at least an A rating with no complaints registered. Then check their ratings on 3rd party sites such as the BBB, Yelp, Yellowpages.com, Facebook and Google. Look for at least a 4 star rating and read through comments by others to see what people say about the service received and the savings they achieved.
Once you have a couple of firms to consider, […]

If you are struggling with your credit card debt, having a hard time paying off your credit card balances, or even worse, struggling to pay the minimum amount due each month, you may want to consider looking into a credit card debt relief program.
If you are motivated to get out of debt without having to file bankruptcy, you may be a candidate for debt settlement.

A debt advisor can help you understand all the debt programs and go over your situation to see what makes sense for your financial needs. A debt analyst will only recommend bankruptcy if that is the most feasible option for you. Bankruptcy should never be the first option to your debt relief. For a debtor, bankruptcy means embarrassment and makes it harder to obtain credit in the future. If bankruptcy happens to be the […]

Depending on which program you are enrolled in and what your financial struggles are, our debt analysts will help you decide which credit cards to keep and which ones you should avoid using. However, since the goal is to get out of debt, we always advise our clients to try to avoid using credit cards if possible during the debt program.

Yes, our negotiators are very experienced in negotiating settlement agreements and can typically negotiate to lower the debt by 30-70%.

Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction.
Debt settlement is negotiating with the creditor to only pay a portion of the owed debt. For example, if you owe $20,000 the negotiation process might get the creditor to accept $10,000 and forgive the remainder of the balance. That results in a 50% reduction of the debt you owe.
Most lenders are willing to negotiate, […]