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100% ATTORNEY BASED
We have successfully worked with all of the major creditors and major banks.
Get out of debt.
> Learn about credit card rights.
> Free debt consultation.
Avoid Bankruptcy.
Clean up your credit card debt,
loans, medical bills, and more.
> Learn about credit card rights.
> Free debt consultation.
Avoid Bankruptcy.
Clean up your credit card debt,
loans, medical bills, and more.
Get Help within 24 hours
Frequently Ask Questions
Q. Will this program have a negative effect on my credit?
Q. What if my creditors will not settle?
Q. Can I still use my credit cards?
Q. How does debt settlement compare to bankruptcy?
Q. What is unsecured debt and secured debt?
Q. Can I contact my creditors and do this on my own?
Q. What kind of debt can I include in this program?
Q. How long will it take me to get out of debt?
Q. What if my creditors will not settle?
Q. Can I still use my credit cards?
Q. How does debt settlement compare to bankruptcy?
Q. What is unsecured debt and secured debt?
Q. Can I contact my creditors and do this on my own?
Q. What kind of debt can I include in this program?
Q. How long will it take me to get out of debt?
FREQUENTLY ASK QUESTIONS
Q. Will this program have a negative effect on my credit?
A. The Debt Settlement Program may have a short-term negative effect on your credit profile. However, once the law firm has negotiated and settled, your creditors will report the accounts as "paid in full" or "balance 0". Once you have completed the program you will be debt free.
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Q. What if my creditors will not settle?
A. Creditors know that if they don't settle for even a fraction of the debt, they will most likely get nothing. Creditors are greedy and they know that at a certain point, they have to take what they can get. Most of them will settle very quickly, wouldn't you? In the rare event that a creditor will not settle with our offer, they will return with a counter offer that will still be favorable to you. Creditors know that if you declare bankruptcy, then they will get absolutely nothing, and that is what they are trying to avoid.
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Q. Can I still use my credit cards?
A. NO. All credit cards in the program will not be active and you will be in pay-off mode only. Any cards you DO NOT put into the program should not be used. This program is for you to get out of debt.
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Q. How does debt settlement compare to bankruptcy?
A. Bankruptcy is a permanent solution that will affect you for the rest of your life. All mortgage applications, job applications and loan applications will ask the question, “Have you ever filed bankruptcy?” Bankruptcy will normally result in higher interest rates on future loans. It is a federal offence if you do not answer truthfully on applications. Chapter 7 stays on your credit report for 10 years. It is very difficult to qualify for Chapter 7 in most cases. Chapter 13 allows the courts to decide what you can pay on a monthly basis by looking at your monthly budget. It is normally a 3 - 5 year pay back. Debt Advisors offers an alternative to bankruptcy with a lessened effect on your credit rating and eliminating your debts faster.
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Q. What is unsecured debt and secured debt?
Unsecured debt - the most common types of unsecured debt are credit cards, department store cards, medical bills, utility bills, and personal loans; debts that do not have collateral.
Secured debt – debts that have collateral; should you fail to make timely payments on a secured debt, the creditor is entitled to repossess the property and sell it.
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Q. Can I contact my creditors and do it myself?
A: You can try. In most cases creditors and collectors alike are not willing to work with individuals and will not offer a very favorable settlement. Plus, if you do not have the necessary negotiation skills and experience, you will never know if the collector is giving you the best possible deal for your specific situation. Our proven settlement advisors are trained in the "settlement language" to get the job done right.
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Q. What kind of debt can I include in this program?
A: You can include all unsecured debt. Unsecured debt arises out of a contract you enter with a creditor which enables you to obtain goods or services on credit in exchange for your promise to pay the creditor back. Credit cards and personal loans are the most common types of unsecured debt. Secured debt may not be included in our programs. A secured debt is a loan or line of credit in which the creditor retains a security interest in an item of real or personal property. Examples of secured debts are a house or car. If you break the agreement with the creditor the creditor can secure their debt by repossessing your car or foreclosing on your house. Laws regarding home mortgages vary from state to state and you should seek competent local legal advice to protect your interests.
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Q. How long will it take me to get out of debt?
A: It typically takes about 18-36 months to settle the total amount of your debt. However, it could be much sooner depending on your individual situation.
- back to top -
Q. Will this program have a negative effect on my credit?
A. The Debt Settlement Program may have a short-term negative effect on your credit profile. However, once the law firm has negotiated and settled, your creditors will report the accounts as "paid in full" or "balance 0". Once you have completed the program you will be debt free.
- back to top -
Q. What if my creditors will not settle?
A. Creditors know that if they don't settle for even a fraction of the debt, they will most likely get nothing. Creditors are greedy and they know that at a certain point, they have to take what they can get. Most of them will settle very quickly, wouldn't you? In the rare event that a creditor will not settle with our offer, they will return with a counter offer that will still be favorable to you. Creditors know that if you declare bankruptcy, then they will get absolutely nothing, and that is what they are trying to avoid.
- back to top -
Q. Can I still use my credit cards?
A. NO. All credit cards in the program will not be active and you will be in pay-off mode only. Any cards you DO NOT put into the program should not be used. This program is for you to get out of debt.
- back to top -
Q. How does debt settlement compare to bankruptcy?
A. Bankruptcy is a permanent solution that will affect you for the rest of your life. All mortgage applications, job applications and loan applications will ask the question, “Have you ever filed bankruptcy?” Bankruptcy will normally result in higher interest rates on future loans. It is a federal offence if you do not answer truthfully on applications. Chapter 7 stays on your credit report for 10 years. It is very difficult to qualify for Chapter 7 in most cases. Chapter 13 allows the courts to decide what you can pay on a monthly basis by looking at your monthly budget. It is normally a 3 - 5 year pay back. Debt Advisors offers an alternative to bankruptcy with a lessened effect on your credit rating and eliminating your debts faster.
- back to top -
Q. What is unsecured debt and secured debt?
Unsecured debt - the most common types of unsecured debt are credit cards, department store cards, medical bills, utility bills, and personal loans; debts that do not have collateral.
Secured debt – debts that have collateral; should you fail to make timely payments on a secured debt, the creditor is entitled to repossess the property and sell it.
- back to top -
Q. Can I contact my creditors and do it myself?
A: You can try. In most cases creditors and collectors alike are not willing to work with individuals and will not offer a very favorable settlement. Plus, if you do not have the necessary negotiation skills and experience, you will never know if the collector is giving you the best possible deal for your specific situation. Our proven settlement advisors are trained in the "settlement language" to get the job done right.
- back to top -
Q. What kind of debt can I include in this program?
A: You can include all unsecured debt. Unsecured debt arises out of a contract you enter with a creditor which enables you to obtain goods or services on credit in exchange for your promise to pay the creditor back. Credit cards and personal loans are the most common types of unsecured debt. Secured debt may not be included in our programs. A secured debt is a loan or line of credit in which the creditor retains a security interest in an item of real or personal property. Examples of secured debts are a house or car. If you break the agreement with the creditor the creditor can secure their debt by repossessing your car or foreclosing on your house. Laws regarding home mortgages vary from state to state and you should seek competent local legal advice to protect your interests.
- back to top -
Q. How long will it take me to get out of debt?
A: It typically takes about 18-36 months to settle the total amount of your debt. However, it could be much sooner depending on your individual situation.
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Law firm is an "Active" member in good standing with the State Bar which is an arm of the Supreme Court.
Welcome to Debt Advisors
You will not have to worry about harassing phone calls under our program. (Find out more)
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