Debt ReliefWhat's Included In Your Free Savings Estimate?
Struggling to pay back your debts? We have counseled over 200,000 people since 2000. There are legal debt relief options available. The solution is often faster, easier and saves a lot more money than what you may be doing now. |
Are you in debt? We can help!
Debt settlement companies negotiate with your creditors to settle your unsecured debt for less than what you currently owe. Instead of creating a modified repayment plan like a credit counseling agency does, for-profit debt settlement companies encourage you to stop making payments on your debts and instead make payments into an account with the company.
Debt Tools & Services
You basically strategically arrange your bills and make the largest payments possible on one debt at a time. You find as much cash flow as possible in your budget by eliminating expenses, then target each debt successively. We offer resources that describe how to implement an effective debt reduction plan. By submitting your information above, you consent, acknowledge, and agree to the following: our terms of use and privacy policy. That you are providing express "written" consent for consolidated credit to call you (autodialing, text and pre-recorded messaging for convenience) via telephone, mobile device (including sms and mms - charges may apply depending on your carrier, not by us), even if your telephone number is currently listed on any internal, corporate, state or federal do-not-call list. We take your privacy seriously and you may receive electronic communications, including periodic emails with important news, financial tips, tools and more. You can always unsubscribe at any time. Consent is not required as a condition to utilize consolidated credit's services and you are under no obligation to purchase anything.
Finance solutions is a leading financial services company providing free information about debt relief programs designed to help consumers achieve payment relief and pay their debts faster. The information and tools provided on our website outline the most common debt relief strategies and are designed to help inform and educate consumers about various debt relief options and strategies to reduce their debt. We also offer a free debt analysis and consultation to evaluate your financial situation and explain various debt relief options that may be available to you. We do not charge a fee for this service. Our fees are paid by the companies to whom we refer our clients.
We started this bankruptcy firm because we wanted to help people like you get free from excessive debt. We use tools like chapter 7 and chapter 13 bankruptcy to help you get a financial fresh start and we strive to provide our services at reasonable fees.
Stulo is an employee benefit and association-member benefit program focused on: financial wellness, student loan debt relief, and credit repair services. The benefit program takes a wholistic approach to providing a financial wellness benefit for all employees and members—not just a benefit to help student loan holders only. The aggregation of financial related benefits include: general financial coaching and online tools, concierge services to help with federal student loan forgiveness and repayment assistance plans, private student loan refinancing marketplace, concierge services to help with credit repair, and identity theft protection. As an alternative to an employer-funded student loan repayment assistance benefit, stulo provides significantly more benefit value at little to no cost to the employer or association.
Customers seeking help with credit debt, credit card debt, student loan debt, etc. Are usually not as adept at navigating the various debt management solutions available. Some debt management or debt counseling companies may take advantage of this lack of expertise. To combat this, greenpath debt solutions (greenpath financial wellness) offers customers enrollment in its greenpath university. Customers have the opportunity to learn about debt management/debt counseling services themselves through interactive tools like e-learning, budget tips, financial calculators, greenpath financial games, and free financial webinars.
Chapter 13 Debt Consolidation
In chapter 7 , many taxes are not dischargeable, but some might be if you qualify under an analysis. Even if you qualify, only tax debts that are more than three years old are generally eligible for bankruptcy discharge. Even with the debts that cannot be discharged, we are often able to do a debt consolidation plan in a chapter 13 filing, which can stop interest and penalties and structure a repayment plan that works for you, the debtor.
The assets you own may affect whether or not you opt for bankruptcy over debt consolidation, too. You may risk losing certain assets like secondary residence properties, valuable vehicles and other assets that aren’t exempt for sale under applicable state and federal law to pay off your debts if you file chapter 7 bankruptcy. The rules vary by state, so check first to see what you’d risk losing if you file for chapter 7.
On a good debt settlement program, you will repay your debts in two to four years. This is much less time than you’d spend paying back your debts normally (probably not an option if you’re considering debt settlement). Even debt consolidation , chapter 13 bankruptcy, and credit counseling have debt repayment periods from three to five years. It might take decades to pay off debt if you stuck to the original repayment schedule.
If you are looking to become debt free in pennsylvania, debt quest can offer you help with professional debt management programs in pennsylvania. Debt management in pennsylvania offers a variety of options to help you become debt free, including debt consolidation in pennsylvania, credit counseling, debt settlement and bankruptcy in pennsylvania (both bankruptcy chapter 7 and bankruptcy chapter 13).
National debt relief provides additional services for those customers who would be better served by not using debt settlement. Some customers would prefer debt consolidation, bankruptcy, or simple financial education services. Of course, if one can get out of debt on their own, one should try to do so. If a customer needs help deciding whether bankruptcy is a good option (and whether to file chapter 7 or chapter 13), national debt relief will council customers on the right path forward.
Stop IRS Debt
Ironically, consumers who enroll in a debt settlement program because they can’t manage their debt burdens—but who have still been making payments, even sporadic ones—have less negotiating power than those who have made no payments. So their first step must be to stop making payments altogether. “credit scores can suffer during the debt settlement process, particularly at the beginning,” says sean fox , co-president of freedom debt relief. “as the consumer begins to make payments on settled debt, credit scores typically will recover over time. ”.
"we've helped thousands of people settle their tax debts for a fraction of the amount owed. ""we stop wage garnishments, levies, property seizures, and unbearable monthly payments. ""we can significantly reduce your tax debt. Call for a free consultation. "tax relief companies use the radio, television and the internet to advertise help for taxpayers in distress. If you pay them an upfront fee, which can be thousands of dollars, these companies claim they can reduce or even eliminate your tax debts and stop back-tax collection by applying for legitimate irs hardship programs. The truth is that most taxpayers don't qualify for the programs these fraudsters hawk, their companies don't settle the tax debt, and in many cases don't even send the necessary paperwork to the irs requesting participation in the programs that were mentioned. Adding insult to injury, some of these companies don't provide refunds, and leave people even further in debt.
After your tax debt goes delinquent for too long, the irs will issue a collection against you in the form of a wage garnishment or levy. As a last resort, the irs will overstep any common legal boundary to garnish your wages, and even seize your bank account in order to satisfy what is owed to them. The irs will send you letters in the mail to warn you, and if you do not act in time, they will come after you. The good news? you can stop wage garnishment and bank levies, but you must act immediately. It begins with you owning your situation, and contacting our irs wage garnishment attorneys to formulate a plan to stop garnishment and levies and resolve your tax debt.
In 2013, the irs created the fresh start program. Its purpose was to make it easier for taxpayers that had fallen behind on their taxes. This provides immense relief since it stops things like tax liens and wage garnishment. Here is what the law provides: fresh start increases the amount of debt required to trigger a notice of federal tax lien. Now if you owe less than $10,000, you don’t need to worry about liens.
Five step program guardian debt relief offers a step-by-step plan to help its clients become debt-free. The first step is enrollment, which includes a no-cost financial analysis. Next, once you have signed an electronic agreement, you will begin to make affordable monthly payments, which will be deposited into your personal trust account. During the third step, gdr will contact your creditors to keep them apprised of your enrollment and progress in the program. This should stop any calls for debt collection. Once your trust has accrued sufficient funds, specialists will begin to negotiate a settlement for your debt, often for just 40 to 60 percent of the total amount. Once your debt is paid off, you will complete the program.
J. David Tax Law
2019, november 17, 12:00 am on july 13, 2018 taxpayer signed a service agreement and gave power of attorney to coast one financial group giving authorization to represent taxpayer before the *** for personal tax liability and also for tax preparation for any missing tax years. On july 16, 2018, a financial questionnaire was mailed to you, coast one received the completed questionnaire and supporting financial documentation on september 13, 2018. Coast one completed a full financial analysis to determine the best resolution for the case. In addition to the financial review, coast one financial group also ensures that the taxpayer comply with all tax laws and regulations. Coast one financial group requested all your account transcripts from the *** years 2008-2017. Upon review of the account transcripts, we have determined that you have missing required tax returns. Coast one financial group had prepared and mailed to you all your missing tax returns to ensure compliance with the *** filing requirement. Thereafter, we had monitored your case to make sure *** receives and completes processing of your returns. The internal revenue service completed processing of your returns end of may 2019. Thereafter, we proposed installment agreement to *** to resolve your remaining tax liability. The resolution determination was based solely on your financial analysis, income vs. Expenses. We went over your financial analysis with you numerously and have discussed your options before proposing an installment agreement to ***. Our scope of representation is for your personal tax matter and tax preparation from 2012-2017. Your case is now with our penalty abatement department. Currently, we have an open case with *** taxpayer advocate service. We have filed 911 with the advocate service to determine *** collection statue expiration date for a questionable tax year. Please be notified that while we were working on your case, we have made sure your case is on hold with *** collection unit and protected your case from any *** levies and/or garnishments. In addition, we had reviewed and addressed all *** correspondences in timely matter. Coast one financial group takes pride in ensuring client’s satisfaction. Coast one financial group is committed to resolving this matter with you in an amicable and respectful fashion. Thank you.
The u. S. Tax code, comprised of nearly 74,000 pages, has often been considered one of the most byzantine pieces of legislation in the country. With so many tax laws to navigate when dealing with the irs, it may just make sense to hire a tax debt relief company regardless of how much or little you owe. While these companies are staffed with experts that know the inner workings of the irs, individuals acting on their own behalf can still reach agreements with the government for free and without representation.
Bankruptcy is an option that is generally treated as a last resort. It will remain on your credit report for 10 years & you can be denied employment, state licenses, insurance, as well as tenancy of an apartment. Most importantly, you can be denied virtually any type of credit with a bankruptcy on your report. In addition, since the bankruptcy laws have changed recently, it is even more difficult to qualify for chapter 7, the method of liquidating assets to eliminate your debt. You will not be allowed to discharge alimony, child support, taxes, student loans, judgments, or any loan on the bankruptcy petition. Under chapter 13 bankruptcy, your debt payments are simply restructured meaning you will still have to pay a percentage of your debts while you suffer the consequences of bankruptcy. Debt settlement is an alternative to bankruptcy.
It’s a balance sheet thing. When a debt is settled, it moves out of the “accounts receivable” column and splits into two parts; the “income” column and the “loss” column. Companies use those “losses” to offset other items (including any payment on your debt) and reap the benefits of creative accounting. This is sort of like donating an old couch to charity: the couch is worthless to you, but it’s $200 to the charity. You get to deduct that $200 off your income when you prepare your taxes. In addition, when attorneys who also practice bankruptcy law negotiate settlements, creditors fear that you might be a candidate for bankruptcy; they may get no money at all if you file. Creditors jump to settle debts when p and a negotiates because they know we’re also a bankruptcy firm.
© 2018 accredited debt relief. Please note that all calls may be recorded or monitored for quality assurance and training purposes. * the company is an affiliate of beyond finance, inc. Beyond finance, inc. , is a servicing provider for most debt consolidation services offered by the company. Beyond finance's clients who make all monthly program payments pay approximately 68%-75% of enrolled debt (including fees) upon successful program completion. Programs range from 12-48 months. On average, clients receive their first settlement within 4-6 months of enrollment. Not all clients complete the program. Estimates are based on prior results and may not match your results. We cannot guarantee that your debts will be resolved for a specific amount or percentage or within a specific timeframe. We do not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting, legal advice or credit repair services. Program is not available in all states; fees may vary by state. The use of these services will likely adversely affect your credit. You may be subject to collections or lawsuits by creditors or collectors. Your outstanding debt may increase from the accrual of fees and interest. Read and understand all program materials prior to enrolling. Additional information for maryland residents, click here.
“helping my clients get their life back on track resolving tax debts, makes my job incredibly rewarding. That’s probably why i enjoy doing taxes so much. I help people save money and solve their tax problems everyday at optima tax relief. ”joanne – tax preparer “it’s really a great feeling to come to work everyday and know that what i’m doing has such a positive impact on other people’s lives. Building bonds with my clients keeps us in touch well after we’ve accomplished their goal. ”.
Optima tax relief has mostly glowing comments, with most reviews on our site rating them a 9 or 10. Customers say the company has saved them thousands of dollars, provides great customer service, and is comprehensive in its explanation of the tax relief process. Many clients say working with optima was one of the smartest decisions they ever made.
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Optima tax relief is one of supermoney’s top picks for tax relief companies. The santa ana, california-based tax relief company was launched in 2011 and employs around 300 people, including irs-enrolled agents, certified public accountants, and specialized tax attorneys. Clients get a free first consultation to hear their options for the best plan of action in tackling their tax problems.