There are two types of debt: secured debt and unsecured debt. The former is a type of debt that is tied to an asset, like a home, a car, or land. Secured debt cannot be resolved with our program, as the creditor need only seize the asset as a means of recovery.
Unsecured debt, on the other hand, is type of debt that is not tied to any asset and includes credit cards, medical bills, non-federally backed student loans. Any of these types of unsecured debts can be settled through our program, as we negotiate with the creditor on your behalf to reduce the balance owed. Once we reach an agreement with the creditor for a reduced amount, and the client pays off that amount through our program, the debt will be considered settled or resolved. We will work closely with you to determine the best repayment plan that works for you.