Providing you with a pathway to reduce debt and regain control of your future.

Debt Settlement Services

  • Flexible Enrollment Options
  • Proven Debt Solutions
  • Fast Financial Relief

What is Debt Settlement?

Debt settlement is a process where skilled negotiators work with creditors to reduce the total amount owed, helping individuals regain financial control. It’s a strategic solution for those seeking relief from overwhelming debt, aiming to lower balances and create a manageable path forward. Through negotiation, clients find an alternative to traditional repayment, often achieving significant savings.

Smiling couple speaking with a financial advisor about debt settlement options.

How Debt Settlement Works

Initial Contact and Assessment

We evaluate your finances, gather details about your debts, and identify the best relief options tailored to your needs.

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Saving and Debt Negotiation Phase

Build settlement funds as our team negotiates with creditors to reduce your debt and create a resolution plan.

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Payment and Resolution

Once an agreement is reached, you make a single, reduced payment to completely resolve your outstanding debt.

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Benefits of Debt Settlement

Reduced Balances

Significantly reduce the balances you owe, making your debt more manageable and achievable.

One Monthly Deposit

Make one low monthly program deposit while working toward financial freedom.

Faster Resolution

Resolve your debts within 24-48 months, offering a quicker alternative to long-term repayment plans.

Who Qualifies?

  • Debt settlement can be a lifeline for individuals facing financial hardship, often caused by reduced income, unexpected expenses, or mounting medical bills. This solution is typically available for unsecured debts such as credit card balances, personal loans, and medical debts. While most programs require a minimum of $6,000 in eligible debt to qualify, cases with over $15,000 in debt tend to achieve the most significant results. Understanding these criteria is essential for determining if debt settlement is the right step toward regaining financial stability.

  • Debt settlement is generally not an option for secured debts, such as mortgages, auto loans, and home equity lines of credit, as these debts are tied to collateral. Similarly, student loans are usually excluded unless specifically negotiated under unique circumstances. Additionally, recent debts—those less than three months old—are often not eligible for settlement, as creditors typically wait longer before considering such negotiations. Understanding these limitations is critical when evaluating whether debt settlement aligns with your financial situation.

  • Debt settlement can have several implications to consider. The process often impacts your credit score both during and after negotiations, which can take time to recover. While negotiations are ongoing, there is also a risk of collection actions or lawsuits from creditors. Additionally, any forgiven debt may be considered taxable income by the IRS, potentially adding to your financial responsibilities. To navigate these challenges effectively and safely, it's crucial to work with a reputable debt settlement company to avoid scams and ensure a smooth process.

  • To fully understand the debt settlement process and what to expect along the way, it’s important to explore the steps involved. Relief Strategies is dedicated to guiding you through every stage, providing clarity and support as you navigate your debt relief options. With expert assistance, you can move toward financial freedom with confidence and peace of mind.

Voices of Trust

In Their Words

Izzy helped me and after discussing how to get me get out of debt, I felt so much better! Thanks for the service!

Jennifer B

Client
Jennifer B

I can’t believe just how much this one phone call has taken off my shoulders. I dug myself into a hole with the payday loan that was going to cost me thousands and thousands of dollars for just a $4000 loan. Izzy has been a lifesaver trying to show me a better way. And I am so grateful and thankful that she was there to help me today She was knowledgeable and friendly and patient with my computer skills and I really appreciate it

Kimberly G

Client
Kimberly G

Izzy was very kind and patient. She explained the process in a manner that I was able to understand. Even after the entire process, I am still able to get in contact with Izzy and she will respond in a timely manner. I definitely recommend her to others. 🙂

Rosita C

Client
Rosita C

My representative was Frank G. Amazing experience! I had talked to other agencies that deal with my debt challenge, never felt comfortable until I contacted Relief Strategies. I was extremely lucky to find Frank on the phone. He was understanding, considerate and compassionate. Once we talked and he gave me the facts and opinions i immediately signed for their services! He is great to work with. Give him a call

Frank B

Client
Frank B

Izzy, you are AMAZING! Your ability to help me see the BIG picture was eye opening and alarming. I was trapped, a POW to debt and I didn't even know. I praise God for you and your team of soldiers, fighting for me. Thank you 😊

Gloria G

Client
Gloria G

Izzy was very personable and knowledgeable about the program and all that it offers. She made it a less stressful experience.

Sonja W

Client
Sonja W

Debt Settlement Services F. A. Q.s

  • Debt settlement will likely initially negatively impact your credit score. As you work through the program and make reduced payments, your credit score may see a decrease. However, as your enrolled debts are settled, your debt-to-income ratio improves, which can help your credit score recover over time.

  • Fees are only charged after a debt is successfully settled with your approval. These fees are regulated by federal guidelines and range from 25% to 30% of the total enrolled debt. All fees are disclosed upfront for full transparency.

  • Typically, the program duration is between 24 and 48 months, depending on the total debt amount and your monthly deposit into the dedicated account. The faster you can build up funds, the quicker settlements can occur, which helps shorten the program length.

For more detailed information on how settling your debt can impact your credit and other frequently asked questions, visit our Debt Settlement FAQ page.

Ready to Take Control of Your Debt?

Connect with our team for a free consultation and explore if debt settlement is right for you.

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