Whether or not your debt qualifies depends on a number of factors such as: the type of debt, your ability to save funds, and your creditor’s willingness to negotiate.
Only unsecured debts qualify for relief through our program. Common types of unsecured debt are credit cards, personal loans, and medical bills.
There is no law stating that creditors need to work with you to resolve your debt. However, some will agree to negotiate knowing that if you declare bankruptcy instead, they may not get anything at all.
Hiring a debt relief company like J.G. Wentworth can give you a better chance of success when negotiating with creditors. Not only do we have representatives who have experience working with creditors to reduce debt, but we won’t give up, even if they say “no” the first time.