Debt Relief Process
Step 2 - Enroll in our Debt Settlement Process
Once enrolled, you will receive a Welcome email and a Welcome call from your assigned team member. That person will review your accounts for the quickest possible settlement program for you.
Step 3 - Customized Program for You
Our team of negotiators will begin contacting your creditors to reach a settlement on your debt and to ensure that we maximize your discounts. You will be kept up to date through the entire process and will be given the opportunity to approve all settlements we are able to reach on your behalf.
You will begin drafting and building funds based on a customized plan developed to fit into your budget. The monthly program amount will be determined by the amount of debt and the program length. Most debt settlement programs range between 24-48 months; however, results may vary based on individual circumstances.
Step 4 – My Debt Relief Foundation
Every month you will make a deposit into a special purpose account that you control. Your special purpose account is your debt relief foundation. As your balance builds, our Debt Relief advisors are strategically analyzing your debt to get you the best settlements possible.
You will only pay the fee associated with each individual debt after you have approved the settlement and made a successful payment toward the settlement to the creditor. Our fee is 25% of your original enrolled balance. In other words, if you enroll a debt of $1,000, our fee to negotiate and settle the debt on your behalf is $250. We do not receive our fees until your debt has been negotiated, settled, and approved by you.
Step 5 - Financial Freedom
After the settlement amount is paid in full, you no longer owe on this account. After each debt is settled, your creditors are required to report the settlement to the credit bureaus. Once your program is complete, you are back on track once and for all!
We will continue to work hard negotiating until all of your enrolled debts are settled!
Terms of Service & Privacy Policy
Clients who make all their monthly program payments pay approximately 50% of their enrolled balance before fees, or 70% to 75% including fees, over 24 to 48 months. Not all clients are able to complete our program for various reasons, including their ability to save sufficient funds. Our estimates are based on our own professional experience and prior achieved results, which will vary depending on your specific circumstances. We do not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. We do not assume your debts, make monthly payments to your creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Our service is not available in all states and our fees may vary from state to state. Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. Read and understand all program materials prior to enrollment. The use of debt settlement services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. However, negotiated settlements we obtain on your behalf resolve the entire account, including all accrued fees and interest.