Settlement, a nonprofit plan, a loan or a lawyer. We tell you which one fits, even when it isn't us.
Rough numbers are fine. Nothing here is saved or sent. It is the same sheet we fill out with you on your first visit.
A debt management plan run by a certified counselor. We refer you.
CheckingWe ask each creditor to take less than you owe. This is what we do.
CheckingOne loan from a bank or credit union pays off the cards. We don't lend.
CheckingA free first talk with a local bankruptcy lawyer. We refer you.
CheckingThese are estimates, not offers. The loan uses a sample APR of 15.9 percent for 48 months. Your rate, term and approval depend on your credit and the lender. This is not an offer of credit.
Settlement is not a sure thing. Creditors do not have to agree, and some sue. Forgiven debt may count as taxable income. Settlement can hurt your credit for years.
Results depend on your creditors. The settlement range assumes creditors take 40 to 60 percent of the balance. Some take less, some take more, some say no.
Debt relief has a bad name in this town, and some of it is earned. Here is how our office works, the same way it reads in the agreement.
No fee until a creditor agrees to a settlement, you say yes to it, and you make a payment on it. That is the FTC rule, and we follow it on every account.
Our fee is a set share of the debt you enroll, written down before you sign. It does not go up if a deal takes longer.
Savings sit in an account in your name at an outside bank. Quit any time and you keep what is in it, less any fees already earned.
Late marks, possible lawsuits, taxes on forgiven debt, and creditors who say no. You hear all four before you sign.
If you have steady pay and can cover the plan payment, a certified nonprofit credit counselor may cost less and hurt your credit less than we would. We will give you their number and not charge you for the talk.
Tap any photo. Your site shows your own office and the people you help, with their okay.
He told me settlement was a bad idea for me and sent me to a nonprofit plan. Who does that? I'll be done in four years.
Dana R. Derby
They were clear my credit would take a hit. It did. Three cards settled and I paid nothing until each one closed.
Marcus T. Haysville
Calm people. They walked me through the tax form part before I even asked.
Linh P. Park City
Sample reviews written for this demo. Your site shows your real Google reviews, word for word.
2250 E Douglas Ave, Wichita, KS 67214
Street parking out front, office on the ground floor.
help@riversidedebt.example
No. Federal rules say a debt settlement company cannot take a fee until a debt is settled and you have made at least one payment on that deal. We follow that rule on every account. The first talk is free too.
Yes, and we say so before you sign. Accounts usually go late while you save up, and a settled account shows on your report for up to seven years. If your credit matters more to you right now, a nonprofit plan or a loan may be the better road.
No. A creditor can say no, and some sue while you are saving. We tell you which of your creditors tend to settle and which tend not to, based on what we see in Wichita.
It can be. If a creditor forgives $600 or more, you may get a 1099 C and owe income tax on it, unless you were insolvent. Talk to a tax preparer before tax season. We give you a list of every forgiven amount.
Because for many people with steady pay a nonprofit debt management plan costs less and hurts credit less than settlement. When the comparer shows that, we give you the name of a certified counselor in town and do not charge you.
A counselor calls you back the same day if you ask before 3 on a weekday. No pressure and no charge to talk.
