Build A New Financial future
Our team and financial partners are committed to significantly reduce your burden of unsecured debts.
CONSUMER DEBT RELIEF SERVICES
Being in debt can become a very stressful situation that might seem easier to ignore than deal with.
Luckily there are lots of services to help you get out of debt and on the path towards financial freedom.
Our consumer debt relief services available through our financial partners include debt settlement, debt consolidation, debt counseling and loan refinancing.
your Bridge To A New Financial Future
A consumer debt relief program may give you the solution you need for unsecured debts such as credit cards, personal loans, certain private student loans, or other similar.
Debts could have accumulated for numerous reasons such as an unfortunate hardship, overspending, divorce, or other issues.
Deciding to get help could be a result of starting to go delinquent, getting creditor calls, or the realization that paying minimum payments, one could pay off the debt numerous times with the balances remaining.
This type of debt situation is even more serious because of the expanded collection rights tax authorities such as the IRS or State have.
Debts could be a result of mistakes from a prior tax preparer, under withholding, failure to submit payroll tax withholding to the IRS, identity theft, tax audit, or other reasons.
There are a variety of debt relief legal solutions to help resolve your financial issues.
Debt Settlement process
The consumer debt relief company creates an escrow account where you make monthly payments toward your debts. The escrow account is totally under your control.
When a sufficient amount of money has accumulated in the escrow account, the consumer debt relief company begins contacting your debt lenders to negotiate settlements (reductions). A lump sum (less than the debt’s face value) will be offered to the lender to settle (cancel) the debt.
An example would be negotiating with a credit card company to reduce your debt from $5,000 to $2,500, with the incentive being immediate payment. If there is an agreement, the consumer debt relief company will request you to release the money from the escrow account to pay the settlement.
However, not all your lenders will agree to a settlement.
- Unsecured Debt $10,000
- Several Months Behind In Payments
- Undergoing Financial Hardship With No Quick End In Sight
- Ability To Fund Escrow Account
Debt Types Covered
- Credit Cards
- Personal Loans
- Medical Bills
- Business Debt
- Private Student Loans
Debt TYPES NOT COVERED
- Lawsuits Judgements
- IRS Debt & Back Taxes
- Utility Bills
- Auto Loans
- Home Mortgages & Government Loans
- Other Secured (Collateral) Loans
How much do you have to pay for a company to negotiate your debts and get a creditor to forgive a significant portion of your debt?
If you choose to work with one of our financial partners, there are no upfront fees charged.
Our consumer debt relief financial partners do not receive any payment fees unless they can successfully settle with your creditors and get your debt reduced. Simple as that.
The fees of our consumer debt relief financial partners will vary by the amount of your debt, type of debt and state that you live. Fees will range from 15-20% of your settlement amount of debt.
The debt settlement fee should be compared to the savings on your debt payments that you are struggling to pay off and the benefit of becoming debt free normally in 24-48 months.
Client Connect has worked with Nexus for many years now. We have found them to be professional and deliver on their promises. I would recommend them without hesitation.
We have worked with hNexus for about two years now, With their help our business has continued to grow and I look forward to working with them in the future.
We have worked with Nexus for about one year now. They are responsive, detailed and professional in their dealing with me. I would recommend them to anyone.