Updated: January 2nd, 2025
Debt relief creates an opportunity for financial stability by combining your debt into a single manageable monthly payment and helping you move toward a debt-free life. Check out our top picks for the best-rated debt relief companies to take charge of your financial future with confidence.
Debt relief is designed to assist individuals struggling with multiple debts by simplifying their payments. The process begins with a thorough financial assessment, which looks at your debts, income, and expenses to get a clear picture of your financial health. Then, the program will negotiate your debt load on your behalf and possibly reduce it. Through the entire process, you will be in close contact with a specialist that will guide you along the way and set you up to become debt free.
After the program has negotiated on your behalf and walked you through the process, you will be set up with monthly payments and a plan of when you will be debt free. Throughout the process, it’s essential to stay in touch with your debt specialist and keep track of your progress. Once you’ve completed your debt relief program, you will be on your way to living a more financially free life!
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*ClearOne Advantage, LLC is a debt settlement company, not a lender, loan broker, creditor, credit services organization, or debt collector. ClearOne Advantage, LLC does not assume or pay any debts; receive, hold or control funds belonging to consumers; or provide bankruptcy, legal, accounting or tax advice. You should review full program terms and conditions before enrolling. To the extent that any aspect of the debt settlement services relies on or results in the consumer’s failure to make timely payments to the consumer’s creditors or debt collectors, the use of the debt settlement services: (1) Will likely adversely affect the consumer’s creditworthiness; (2) May result in the consumer being subject to collections or being sued by creditors or debt collectors; and (3) May increase the amount of money the consumer owes due to the accrual of fees and interest by creditors or debt collectors. Not available in all states. Some third-party fees may apply. C.P.D. Reg. No. T.S. 12-03822. ClearOne Advantage is not a credit services organization and we do not make any claims regarding improvement of a consumer’s credit scores. Entering into a debt settlement program could adversely affect your credit score.
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