Debt Relief
Debt relief encompasses a wide array of solutions designed to alleviate the burden of debt and provide a fresh start. DebtBusters understands that every individual’s financial situation is unique, and we offer tailored debt relief options to address your specific needs.
Our comprehensive services include debt consolidation, debt settlement, bankruptcy counseling, and credit repair. Our compassionate team of experts will guide you through each step of the process, helping you understand your options and choose the most effective path toward financial freedom. We strive to empower you with the knowledge and tools necessary to overcome your debt challenges and achieve a brighter financial future.
Debt Consolidation
Debt consolidation simplifies your financial life by merging multiple high-interest debts into one manageable loan with a potentially lower interest rate.
This strategic approach can save you money on interest charges, reduce your monthly payments, and accelerate your journey to debt freedom. DebtBusters offers various consolidation options, including personal loans, balance transfer credit cards, and home equity loans.
Our experienced team will analyze your specific situation to determine the most suitable solution for your needs. By consolidating your debts, you can eliminate the stress of juggling multiple due dates and payments, regain control of your finances, and pave the way for a brighter financial future.
Debt Settlement
Debt settlement is a powerful tool for individuals burdened by overwhelming unsecured debts. This is typically accomplished by negotiating with creditors to reduce the total amount you owe, potentially saving you thousands of dollars.
Our skilled negotiators leverage their expertise to secure favorable settlements, allowing you to regain control of your financial well-being.
While debt settlement may not be suitable for everyone, it can be a viable option for those struggling to make minimum payments or facing financial hardship.
Our team will thoroughly assess your financial situation and provide transparent guidance on whether debt settlement is the right path for you.
Credit Repair
Credit repair is essential for achieving financial stability and unlocking opportunities.
We can help you improve your credit score by identifying and disputing errors, inaccuracies, or outdated information on your credit report.
Our certified credit specialists are well-versed in consumer protection laws and utilize proven strategies to maximize your credit score improvement.
A higher credit score opens doors to lower interest rates on loans and credit cards, increased purchasing power, and greater financial freedom. By investing in credit repair, you’re investing in your financial future.
Debt Management
Debt management plans (DMPs) offer a structured approach to debt repayment, empowering you to regain control of your finances.
We can help customize a DMP that consolidates your unsecured debts into one affordable monthly payment.
Our professionals negotiate with your creditors to lower interest rates and eliminate fees, making repayment more manageable.
Additionally, our certified credit counselors provide ongoing financial education and support, equipping you with the knowledge and tools needed to make informed financial decisions and achieve long-term financial stability.
Student Loan Forgiveness
Student loan forgiveness programs offer a lifeline to borrowers struggling with educational debt.
DebtBusters can help you navigate the complex landscape of student loan forgiveness and identify programs you may be eligible for.
Whether you’re a teacher, public servant, or employed in a qualifying profession, our student loan experts will guide you through the application process, ensuring you meet all requirements and maximize your chances of securing loan forgiveness.
We stay up-to-date on the latest changes in student loan forgiveness programs to provide you with accurate and timely information.
Tax Debt Relief
Tax debt can be overwhelming, but DebtBusters is here to help you find a solution. Our experienced tax professionals understand the intricacies of tax law and can guide you through the process of resolving your tax debt.
We offer various tax debt relief options, including installment agreements, offers in compromise, and penalty abatement.
Our team will negotiate with tax authorities on your behalf, aiming to minimize your tax liability and achieve a fresh start. By working with DebtBusters, you can alleviate the stress of tax debt and regain control of your financial future.
Chapter 7 Bankruptcy
In a Chapter 7 bankruptcy proceeding, the debtor could be an individual, a corporation, a partnership, or some other business entity that owes money. In a Chapter 7 bankruptcy case, the court appoints a bankruptcy trustee to handle the matter.
The bankruptcy trustee then gathers and sells all of the various assets that the debtor owns and which are not exempt from bankruptcy. Finally, the trustee uses the sale proceeds to pay off the creditors who are owed money.
Likewise, under chapter 7, debtors are allowed to keep certain exempt property in their possession. The trustee will then liquidate the rest of the debtor’s non-exempt property.
Chapter 13 Bankruptcy
A Chapter 13 bankruptcy allows individuals who receive regular paychecks – or have some other regular source of income – to devise a plan to pay back some or all of their outstanding debts.
Pursuant to Chapter 13 of the federal Bankruptcy Code, a debtor can propose a plan of installment payments that last over a period ranging from 3 to 5 years.
A Chapter 13 repayment plan cannot, under any circumstances, be longer than five years. While the repayment plan is in effect, creditors cannot begin or continue any collection efforts.
