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Debt Relief

The questions below answer common questions about debt relief.


The type of debt relief offered by our network of providers is known by a number of different names but essentially our providers offer debt consolidation and debt settlement services. It all starts with a free consultation to help you understand what might work best for you. For more information on debt relief strategies click here.

The majority of our customers need help with unsecured credit card debt, often over $10,000. However, some debt relief providers can also assist with tax debt relief and lower debt amount. A free consultation is the best next step to understanding your options.

Our debt relief providers mostly focus on dealing with unsecured debts and tax debts which means debt not secured by collateral (e.g. mortgages or auto loans). However, after completing any program you will be able to focus on secured debts.

Debt relief can take a number of years (2-4 years on average) but it is dependent on the amount of debt you have, the amount you are able to pay down each month as well as the type of debt relief you choose. You can learn more in a free consultation where your specific situation can be reviewed.

Our debt relief providers are not credit repair companies so you should understand that there is a risk to your credit score, particularly with debt settlement. Your current credit score will be key to determining what type of debt relief is available and the associated risks to your credit score.

Unsecured debt refers to loans which are not tied to collateral. This includes credit cards, department store cards, payday loans and personal loans, etc.

Yes, some of our debt relief providers can help with tax debt relief. We suggest you arrange a free consultation with a specialist who can help.

A debt relief strategy is often the best and fastest way to get out of debt and avoid bankruptcy. However there are a number of factors that can influence whether a program is successful, the most important being your ability to fulfill monthly payment obligations.

As AccessDebtRelief.com doesn't provide debt relief directly you will need to speak to a debt relief provider to understand the costs. The costs associated with debt relief depend on a number of factors including the number of creditors you owe, the total debt amount, the amount you pay each month and the type of debt relief you choose.

Of course. There are a number of debt strategies and you should consider your options fully before committing to any debt relief program. Depending on how much debt you have, your credit score and personal situation, it might be easier to let debt relief professionals help you and avoid falling into further debt.


Debt Settlement

The questions below answer common questions about debt settlement.


AccessDebtRelief.com does not provide debt relief services. We provide a free service to connect you with one of our debt relief providers. However, by law debt relief providers won't charge fees up front. Once a debt is settled, the fee associated with that debt is due. We suggest you arrange a free consultation and ensure you understand any fees before committing to a debt relief program.

If you have a single credit card with a low balance that you can quickly pay down to zero, then you can hold on to it for emergencies. Debt settlement works best when you include all of your high balance credit cards. This makes it easier for our debt relief providers to negotiate with your creditors.

There are federal and state laws designed to protect you from collections harassment. However, many clients still experience some collection calls. Our debt relief providers can help guide you through this as their aim will be to get your creditors to call them instead of you.

You do. Typically, the bank account is in your name. Our providers can advise you on how this on will work but it is recommended that you keep the new account separate from any existing accounts.

If you do not make the required minimum payments to your creditors, you may be breaking the terms of your agreement with them. Your actions could then be reported to consumer reporting agencies. Depending on the condition of your current credit report a debt settlement plan may have a negative effect on your credit report and credit score. Our providers are not credit repair companies so you should understand that there is a risk to your credit score, particularly with debt settlement.

Your agreement with creditors allows them to add interest and late fees onto your balances if you fail to make payments. This means your balance could increase until a settlement is reached. Keep in mind that this will happen whether you make minimum payments or not. Our debt relief providers will be aiming to negotiate substantial reductions to the balances on your accounts, even after the interest and late fees have accrued.

Our debt relief providers can advise you on how this will work but typically your creditors will be contacted to let them know you have entered into a debt settlement program and what company they should be calling to settle the debt. However, actual negotiation activity will be limited at first. Most creditors do not want to spend time negotiating an account unless they know there are funds available. The first settlement typically happens a few months into the program. We suggest you arrange a free consultation and ensure you understand the approach before committing to a debt relief program.

Forgiven debt is considered taxable income. This means the IRS will expect taxes to be paid on any settlement at the end of the year. The IRS may exempt you from this tax under hardship situations. You can use Form 982 to apply for an exemption. We suggest you contact a tax advisor to discuss your options.

AccessDebtRelief does not provide debt relief and does not make any guarantees. Our debt relief providers will not guarantee a certain percentage as each case is unique and every negotiation is different. We suggest you arrange a free consultation with a specialist who can advise on your specific situation.

Debt settlement usually doesn't include a new loan. Some customers will use a consolidation loan in conjunction with a debt settlement program but this isn't a requirement. Most of our debt relief providers will have relationships with a lending company if that is something that you are interested in.

Yes you can. However, our debt relief providers are experienced professionals. Their knowledge and experience allows them to negotiate with creditors in a way you may find difficult on your own.


General Questions

The questions below answer general questions about accessdebtrelief.com


Accessdebtrelief.com does not provide debt relief services. Accessdebtrelief.com is a free, no obligation financial service that connects consumers with our network of debt relief providers.

Yes, Accessdebtrelief.com utilizes industry standard security protocol and enhanced 256-bit data encryption technology to ensure that your information is safe and secure while using our site.

Accessdebtrelief.com is able to connect consumers 24 hours a day, 7 days a week. Our network of debt relief providers is open at all times. However, some providers will only be able to contact you during business hours.

If you have any questions or concerns about your debt relief program, these should be directly addressed with your debt relief provider.