Debt Resolution

Debt Resolution

Man And Woman Checking Payment Bills In The Kitchen At Home. Planning Family Budget
Debt Resolution

Mar 6, 2025

6 min

Can You Take a Hardship Withdrawal for Credit Card Debt?

Considering tapping into retirement savings through hardship withdrawals to pay off credit card debt? Is it a wise financial decision?...
American flag flying over government building in city, blue sky and clouds
Debt Resolution

Mar 6, 2025

5 min

Can the VA Help with Credit Card Debt?

If you’re a veteran struggling with credit card debt, first: thank you for your service. Secondly, here are some resources at your disposal that may be able to help…...
Woman comparing green apple to red apple in market
Debt Resolution

Feb 28, 2025

5 min

Which is Better: Personal Loan or Debt Consolidation?

When facing financial decisions, many people find themselves weighing the merits of personal loans against debt consolidation. Let’s examine your options and determine which might be better suited for your specific needs…...
Yield shaped road sign on side of desert highway
Debt Resolution

Feb 28, 2025

4 min

What is High Yield Debt?

High yield debt, often called "junk" debt in financial markets, is any form of lending that carries higher-than-normal interest rates due to increased risk. While this term originated in corporate finance, it's a reality that...
Man looking at debt and pension
Debt Resolution

Feb 28, 2025

4 min

Can a Pension be Garnished for Credit Card Debt?

One common concern is whether creditors can garnish pension benefits to satisfy outstanding credit card debt. The answer involves various federal and state laws, the type of pension you have, and specific legal protections in...
Calendar open on ipad next to computer
Debt Resolution

Feb 20, 2025

5 min

What is Monthly Debt?

Let’s take a closer look at what monthly debt is and ways you can resolve it…...
People Using Laptop and Credit Score Concept on Table
Debt Resolution

Feb 17, 2025

5 min

Can a Debt Collector Affect Your Credit Score?

Understanding how collection accounts affect your credit and knowing your rights can help you manage and minimize their impact. Let’s take a look at the various ways debt collectors can influence your credit score....
Woman at table with calculator, holding phone thinking about calling debt collector
Debt Resolution

Feb 17, 2025

5 min

Should You Call a Debt Collector?

While many people's first instinct is to avoid their calls entirely, there are specific situations where engaging with debt collectors can be beneficial – and others where it's best to proceed with extreme caution....
Legal questions and answers concept
Debt Resolution

Feb 12, 2025

5 min

Do I Need a Lawyer for Debt Collection?

This article will help you make an informed decision about legal representation in debt collection matters....
Woman at table calculating finances and debt
Debt Resolution

Feb 12, 2025

4 min

What is Net Debt?

Unlike simply looking at the total amount you owe, net debt offers a comprehensive snapshot of your true financial position....
Young woman looking worried using mobile phone in kitchen at home
Debt Resolution

Feb 6, 2025

4 min

What to do When You Get Debt Collector Text Messages

While debt collection through text messages is legal, there are strict rules collectors must follow – and specific steps you should take to protect yourself....
Piggy bank on space for text. saving money, crisis. Business or Retirement Savings
Debt Resolution

Feb 6, 2025

6 min

Ways to Save When You’re in Debt

This article offers practical strategies for different groups to save money while managing debt payments, focusing on realistic approaches that can work alongside debt obligations. After all, where there’s a will there’s always a way…...

The numbers we provide here are estimates based on some assumptions:

On your own:

Based on industry averages, we estimate a monthly compounding interest rate of 22.99% and that you are making a minimum payment that is 2.5% of your total debt.

JGW:

The length of your program is determined by your debt amount. Programs are between 24 and 60 months in length and average program length is around 42 months.

Savings amount is an estimate base on average customer savings on their monthly payment. Real results will vary and some customers will save more, less or not at all.

Disclaimer: The calculator on this web site is for estimation and educational purposes only. JG Wentworth makes no guarantees regarding its accuracy and specifically disclaims any and all liability arising from the use of this or any other calculator on this web site. Use at your own risk and verify all results with an appropriate financial professional before taking action. We are not registered investment advisers, attorneys, CPA’s or other financial service professionals and do not render legal, tax, accounting, investment advice or other professional services.

Your entered value is significantly different from our estimate. You can adjust it for accuracy, or continue as is.

FYI, this option
requires collateral

This could include items you own such as
Your vehicle
Housing fixtures
Using collateral can boost your approval chances and/or ability to secure a lower APR. Would you like to continue?