Resolve debt for less than the full balance
Many creditors will accept less than what you owe. Let JG Wentworth negotiate settlements on your qualifying unsecured debts.
- One monthly payment
- No upfront fees
- Debt free in 24 to 48 months¹
Prequalification won’t affect your credit score
4.8 from 27,500+ reviews on4.8 | 27,500+ reviews on
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Jeff saved 44% on his debt (before fees)² 43% on his debt
Total Enrolled Debt
Monthly Program Payment
HOW IT WORKS
How selling your payments works.
01
Tell us where you stand
It takes less than 5 minutes to submit an application.
02
Talk to a specialist
A Certified Debt Specialist explains options that may be available.
03
Customize your plan
Choose the option that best fits your current needs.
04
Begin your program
If you enroll, we’ll work to negotiate with participating creditors while you make program payments.
REAL RESULTS
What our customers typically see.
44%
$329
24 to 48
IS THIS RIGHT FOR ME?
What debt relief is — and isn't.
A few options exist for resolving unsecured debt. Here's how debt relief compares.
Debt Relief
Negotiate to pay less than you owe, on a structured plan. A strong fit when you have $20,000 or more in unsecured debt and minimum payments aren’t keeping up.
Debt Consolidation Loan
Roll multiple debts into a single loan or payment. Works best when you can afford payments but want simpler management.
Credit Counseling
Focuses on creating a payment plan to pay back what is owed with better structure, not reducing or settling the debt.
"It only took me 3 months to realize I needed help. Teaming up with JGW is one of the best decisions I ever made, and I was able to pay my debt off in a little over 3 years after enrolling.“
— Cheryl; verified client
375k+
$2.3B+
30+
4.8
A+
CUSTOMER STORIES
Real people. Real situations. Real results.
Interest rates were just killing me. Working with JGW made my wife and I feel great, and we can finally look towards the future.
Jorge
Reduced debt by $6000 (before fees)
The bills kept steadily piling up. It was hard to sleep some nights, not knowing if I would have a car when I came home. JGW helped me keep my car and saved my marriage.
Chris
Reduced monthly payment by $400
Our debt left us feeling stressed and very anxious.Teaming up with JGW alowed us pay it off, something that we struggled to do on our own.
Brittany
Debt free in under 2 years
Find Your Path to Debt Relief
Debt Settlement
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Veteran Debt Relief
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Teacher Debt Relief
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Credit Card Debt Relief
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Personal Loan Debt Relief
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This product is available to all eligible consumers and is not a special or exclusive program for teachers or veterans. Terms and outcomes are the same for all participants.
Debt Resolution FAQs
“Debt settlement,” “debt relief,” and “debt resolution” are terms frequently used interchangeably to describe the process where you or a company acting on your behalf will negotiate with your creditors to reduce the amount of debt that you owe, with the goal of paying off your enrolled debt entirely.
Many customers who complete our program pay off their enrolled debts in as little as just 24-48 months. Compared to spending years and years making the minimum monthly payments and accumulating interest at a high rate, debt relief can be a quicker, cheaper, and easier way to reach your goal of becoming debt free.
Want to see how much time and money you could save by enrolling in our Debt Relief Program? Check out our Debt Repayment Calculator.
The fee we take for settling your debt is calculated into your quoted monthly payment that we work out from the get-go. If you complete the program faster or slower, our fee remains the same; JG Wentworth will never charge you hidden fees.
This fee is a percentage of each debt that you enroll in the program and settle, and that percentage varies from client to client based on their individual situation. If we can’t settle a specific debt for you, we won’t take a fee on that debt.
The dedicated program account provider will take a fee; you can review the specifics of potential provider fees in your enrollment contract with us or in a separate agreement with an outside account provider of your choosing.
We also offer optional “legal insurance” to our clients through an outside law firm for a small monthly fee. That is, if one of your accounts goes delinquent and your creditor takes legal action, a law firm whose plan we offer will represent you. This helpful service is optional; whether or not you choose to sign up for this service is your decision.
Clients enter our Debt Resolution Program because they are struggling to make ends meet. While we don’t advise anyone to stop paying their credit card bills, it’s important to note that continuing to make payments could impact our leverage when negotiating with creditors. The decision to stop paying your creditors is yours.
JG Wentworth cannot and does not offer tax advice, but in general, if your debt is canceled, forgiven, or discharged for less than the amount owed, the amount of the canceled debt is taxable. If taxable – usually if the debt exceeds $600.00 – you must report the resolved debt on your tax return for the year in which the cancellation occurred. That said, this does not necessarily mean you owe taxes on the forgiven portion. In many cases, clients can legally exclude resolved debt from their income through the “insolvency exclusion” provided by the IRS code. This exclusion means that your liabilities exceed the fair market value of your assets, or that you “owe” more than you “own.” To learn more, please consult the IRS or a tax professional directly.
Despite having similar names, debt relief and debt consolidation are not the same thing. Debt consolidation is the process wherein you pay off all your monthly debts with a single loan, resulting in just one monthly payment. Both debt consolidation and debt relief share the ultimate goal of getting you out of debt, but debt consolidation loan options will typically require you to have good credit to qualify or may have interest rates that are not much better than your current rates. They do make it easier to remember to pay one bill each month instead of juggling many pre-consolidation debts.
Debt relief is often seen as a less drastic alternative to bankruptcy. While both bankruptcy and debt relief can get rid of your debt, they use very different methods to achieve that goal.
For one, debt relief programs typically operate on a shorter timeline than bankruptcy would. Additionally, while both negatively impact your credit score, bankruptcy can stay on a credit report for up to 10 years, which is longer than for debt settlement.
Like any solution to overwhelming debt, the debt relief process has its pros and cons—but you’re the only person who can decide if it’s worth it.
Because debt relief is a major commitment, you’ll want to do some digging about what your financial goals are by asking yourself a few key questions.
What am I using my credit for? Do my goals require me to have a decent credit score in the short term, or do I want to have an excellent score in the long term? Can I afford to make a monthly payment toward my debts?
Again, you’re the one who knows your situation and your money goals best. You might conclude that debt resolution isn’t right for you—or you might realize that it’s the best thing to happen to your finances! If you’re unsure, our team of certified debt specialists is available to help you make an informed decision.
In order to optimize the success of our Debt Resolution Program, we strongly recommend that all of your qualified debts be enrolled. Your debt consultant will explain the enrollment process and point out the potential pros and cons to excluding any qualified debts.
Yes, interest and late fees will typically continue to accumulate, however our experienced negotiating team will always attempt to settle your debt with your original balance in mind.
Again, you’re the one who knows your situation and your financial goals best. You might conclude that debt resolution isn’t right for you—or you might realize that it’s the best thing to happen to your finances! If you’re unsure, our team of certified debt specialists is available to help you make an informed decision.
- “Debt free” refers only to enrolled unsecured debts resolved through our program. Results vary and are not guaranteed.
- This is a hypothetical example and does not describe an actual customer or transaction. Individual results and funding amounts will vary.
- Statistics relating to years in business, customers served, reviews, and BBB accreditation reflect J.G. Wentworth and affiliated companies. Debt relief services have been offered since 2019.
Debt resolution program provided by JGW Debt Settlement, LLC (“JGW”). Clients who complete the program and settle all enrolled debt realize an average overall savings of 44% before our 26% program fee. These savings are based on JGW client data from June 2025 through April 2026, reflect historical results, and are not guaranteed. Program lengths are between 24–60 months. Results vary by individual situation and are not guaranteed. Debt resolution is not appropriate for everyone. Not all debts are eligible for enrollment, and not all enrolled clients complete the program for various reasons.
JGW offers this program in: AL, AK, AZ, AR, CA, CO, FL, ID, IN, KY, LA, MD, MA, MI, MS, MO, NE, NM, NV, NY, NC, OK, PA, PR, SD, TN, TX, UT, VA, DC. Consumers in other states may be connected with a law firm providing debt resolution services in their state. JGW is licensed/registered where required (Licenses).
Using debt settlement services and failing to pay creditors 1) will likely adversely affect your creditworthiness (credit rating or credit score) and make obtaining credit harder; (2) may result in collections or lawsuits from creditors or debt collectors; and (3) may increase what you owe through accrued fees and interest by creditors or debt collectors. Failure to pay your monthly bills in a timely manner will result in increased balances and will harm your credit rating. Not all creditors will agree to reduce principal balances, and they may pursue collections, including litigation. Savings from successful negotiations may have tax consequences.
JGW’s fees are a percentage of enrolled debt. Read and understand the program agreement before enrolling. JG Wentworth does not pay or assume debts and does not provide legal, financial, or tax advice, or offer credit repair services. You should consult with independent professionals for such advice or services. Consult with a bankruptcy attorney for information on bankruptcy.
Client Grievance Procedure: contact Client Services toll free at 800-715-9501, email [email protected], or write to the address on our contact page. A copy of our complaint policy and procedures is available on request.
