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No federal grant will pay off your credit card debt. That single fact undercuts a claim repeated across social media ads, robocalls, and search results every day, and it is the most important thing to understand before you spend another hour searching for “free government money” to erase what you owe. Real government help for people in debt does exist, but it works differently than the ads suggest: it is indirect, it is targeted, and it never arrives as a check made out to your Visa balance.
Let’s separate the real programs from the myths, identify where actual relief comes from, and flag the warning signs of a scam before it costs you money you can’t afford to lose.
The truth about government grants for credit card debt
There is no federal grant program that pays off personal credit card debt, and anyone who tells you otherwise is either mistaken or trying to take your money. This is worth stating plainly because the myth is so persistent: a quick search for “government grants for debt” turns up page after page of ads implying that Washington has set aside free money for people carrying revolving balances. It hasn’t, and it never has.
Federal grants exist for a reason, and that reason is almost never “help an individual pay a private creditor.” Grants.gov, the government’s official portal for federal funding opportunities, is direct about this: grants are awarded to organizations, institutions, states, and local governments for specific public purposes such as research, infrastructure, or community services, not handed to individuals to cover consumer debt. When grant money does reach individuals, it is almost always for something narrowly defined, like a Pell Grant for tuition or a disaster-relief payment after a declared emergency, not an open-ended payout you can apply toward a credit card statement.
The confusion is understandable, because the government does distribute money to households in specific, well-publicized circumstances, and scammers exploit that memory. Stimulus payments during a public health emergency, for instance, blurred the line in many people’s minds between “the government sometimes sends money” and “the government will send money to erase my debt.” Those are not the same thing, and no legitimate federal program has ever offered the second one.
Here is the practical test to apply to any grant claim. It is not real if:
- You didn’t apply for it yourself through an official channel like Grants.gov.
- Someone is asking you to pay a fee to receive it.
- You’re asked to provide your Social Security number to “claim” it.
- You’re being pressured to act urgently.
Real grants require an application process, are awarded for a defined purpose, and are never delivered by an unsolicited phone call, text, or social media message. If your goal is to pay down a credit card balance, look elsewhere in this guide, because a grant is not the tool that will get you there.
There’s also a structural reason a credit card grant program would never work even if lawmakers wanted one: scale. As of this article’s publication, American cardholders carried an average balance of $6,715 as of the fourth quarter of 2025, up from $6,580 a year earlier, and collectively owe more than $1.25 trillion on their cards, according to data reported by TransUnion and Forbes Advisor (Forbes Advisor). A program large enough to meaningfully offset that total would be its own multi-hundred-billion-dollar line item, funded by taxpayers to erase debts most of those same taxpayers never took on.
There’s also a moral-hazard problem baked into the idea: if the government routinely paid off cardholders’ private balances, it would blunt the incentive to borrow responsibly in the first place, which is precisely why credit card debt is treated as a private matter between a borrower and a lender rather than a public welfare concern.
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Indirect government help that frees up cash
The government’s real contribution to your debt payoff plan is indirect: it lowers what you spend on necessities so more of your paycheck can go toward what you owe. This is a less exciting story than “free debt grant,” but it is the honest one, and for many households it adds up to real, ongoing relief rather than a one-time payment.
Several federal and federal-state programs exist for exactly this purpose, even though none of them are labeled “debt relief”:
- SNAP (Supplemental Nutrition Assistance Program). SNAP reduces your grocery bill, which is one of the largest flexible expenses in most budgets. Eligibility is based on household income and size, and for fiscal year 2026 the general rule is that gross monthly income must fall at or below 130 percent of the federal poverty line, with additional resource limits that are higher for households with an elderly or disabled member (Food and Nutrition Administration). Every dollar SNAP covers at the grocery store is a dollar you can redirect to a credit card payment instead.
- LIHEAP (Low Income Home Energy Assistance Program). This program helps eligible households pay heating and cooling bills, which frees up money that would otherwise go to a utility company during peak winter or summer months.
- Medicaid. Medical debt is one of the most common reasons Americans fall behind on other bills, including credit cards, because an unexpected hospital visit can consume savings meant for something else. Medicaid coverage for eligible low-income individuals and families can prevent a health emergency from becoming a debt spiral in the first place.
- Housing Choice Vouchers (Section 8). Administered locally by public housing agencies with federal funding from the Department of Housing and Urban Development, the Housing Choice Voucher program pays a portion of rent directly to a landlord on behalf of an eligible low-income tenant, allowing that household to choose housing in the private market rather than being limited to public housing units (HUD.gov). For a family paying market rent, a voucher can free up hundreds of dollars a month, an amount that easily rivals what most people are struggling to send to a creditor.
- TANF (Temporary Assistance for Needy Families). This program provides cash assistance and work supports to eligible low-income families with children, again reducing pressure on a household budget rather than paying a creditor directly.
- WIC (Special Supplemental Nutrition Program for Women, Infants, and Children). For households with pregnant women, new mothers, or children under five, WIC covers specific food costs on top of what SNAP provides, freeing up even more grocery budget for households raising young kids.
- Hospital charity care. Most nonprofit hospitals are legally required to offer a financial assistance program that can reduce or even retroactively forgive medical bills for patients who meet income requirements. Medical debt is one of the more common reasons people fall behind on credit cards in the first place, so a successful charity care application can prevent that spillover before it happens.
- Emergency rental assistance. The large federal Emergency Rental Assistance programs created during the pandemic have largely wound down, with the last federal funding period closing in 2025. As of this article’s publication, many state and local governments still operate their own rent-relief programs using remaining or newly allocated state and local funds, though which programs are open and how they’re funded varies constantly. These cover back rent or a temporary shortfall directly to a landlord, and availability varies a lot by city and county, so it’s worth checking with your local housing authority rather than assuming a program that existed a few years ago is still open in the same form. Like a housing voucher, this is aid tied to a specific bill, not a check written to a credit card company, but it accomplishes the same thing: it frees up cash that would otherwise go to keeping a roof over your head.
None of these programs will show up on your credit card statement as a payment, and that is precisely the point. They are not government debt forgiveness. They are government cost reduction, and the money you save by using them is money you get to decide how to spend, including paying down what you owe faster than you otherwise could. If you are weighing whether to apply for one of these programs, the honest answer is that it will not touch your balance directly, but it can meaningfully change how much of your income is left over each month to attack that balance yourself.
Applying for any of these takes some legwork, and it pays to be organized about it:
- Start with your state or local social services agency directly rather than a third-party website, since many of these programs run on limited annual funding and are effectively first-come, first-served.
- Gather income documentation, proof of expenses, and identification before you start an application, since incomplete submissions are one of the most common reasons people get bounced back to the beginning of the process.
- Don’t assume one rejection ends the search; eligibility rules and available funding vary by state and even by county, so a program that’s tapped out in one place may still have room in another.
Can the government forgive credit card debt?
No government agency has the authority to forgive your credit card debt, because the government is not the one who owns it. The clearest way to understand this is by a single dividing line: the government has real, exercised authority to forgive debt that is owed directly to it, and essentially no authority to forgive debt owed to a private lender. Credit cards fall on the private side of that line, which is why no version of “government forgiveness” for them exists, no matter how the offer is worded.
On the government-owned side of that line, forgiveness is real and happens regularly. Federal student loans are the clearest example: they’re debts owed directly to the Department of Education, and the Higher Education Act gives the Secretary of Education broad authority to modify or cancel them, which is the legal basis for programs like Public Service Loan Forgiveness. Federal tax debt is another. The IRS offers several mechanisms for reducing or eliminating what someone owes the government directly:
- An Offer in Compromise that lets a taxpayer settle for less than the full balance if they can show financial hardship.
- Currently Not Collectible status that pauses collection activity.
- Penalty abatement that removes certain add-on penalties.
- A 10-year collection statute of limitations after which the debt generally expires outright.
Those tools work because the government is the creditor in each case, so it can choose to write down what it’s owed.
Private debt, meaning credit cards, personal loans, and most medical bills, sits on the other side of that line, and the government’s options there are far more limited. It cannot directly forgive a balance you owe to a bank or a card issuer. What it can do is create incentives for lenders to modify loans voluntarily, pass legislation that shapes bankruptcy and collection rules, or regulate lending practices to prevent predatory behavior, but none of that is the same as an agency stepping in and erasing what you owe. This is a distinction that a lot of debt relief marketing deliberately blurs, so it is worth restating clearly: forgiveness for a credit card balance is a private negotiation between you and a creditor, not a government benefit you apply for.
There is exactly one narrow federal protection that resembles “government help” with interest owed on private debt, and it applies to a specific group. Under the Servicemembers Civil Relief Act (SCRA), active-duty service members can request that interest on debts incurred before their military service began be capped at 6 percent for the duration of that service, according to the Consumer Financial Protection Bureau (CFPB). That cap applies to:
- Credit cards.
- Auto loans.
- Mortgages.
- Other installment debt taken out prior to activation.
That is a real, legally enforceable benefit, and eligible service members should absolutely request it in writing from each creditor along with a copy of their orders. But even the SCRA is a rate cap, not forgiveness. The principal balance still has to be repaid; the law simply prevents interest from compounding at a punishing rate while someone is deployed or otherwise on active duty.
Outside of that one servicemember protection, there is no federal program, executive order, or agency that cancels unsecured consumer debt like credit card balances. If a caller, email, or ad tells you the government is forgiving credit card debt, they are describing something that does not exist, and the next section explains exactly how that pitch usually works and how to shut it down before it costs you anything.
How to spot debt relief scams
Two claims should make you stop and question everything else a company tells you: any mention of a “government debt forgiveness program” for credit cards, and any request for a fee before your debts are actually resolved. Both are hallmarks of a scam, and both are illegal or nonexistent depending on which one you’re looking at.
The upfront-fee demand is the one with real teeth in federal law. Under the FTC’s Telemarketing Sales Rule, a for-profit company that sells debt relief services by phone is legally barred from collecting any fee from you until it has settled or otherwise changed the terms of at least one of your enrolled debts, you have agreed to that settlement in writing, and you have made at least one payment under the new arrangement (Federal Trade Commission). In plain terms, if a company wants payment before it has actually done anything for you, it is breaking the law, not following “industry standard practice.” A dedicated savings account that you control, into which you deposit money before a settlement is reached, is legally different from a fee and is allowed under specific conditions, but a company that simply asks you to wire money, send gift cards, or hand over a credit card number for “processing” is not operating a dedicated account. It’s collecting a fee it isn’t allowed to have.
Any claim of government-sponsored debt forgiveness, ties directly back to the two previous sections of this guide. Scammers know the phrase “government program” sounds official and reassuring, so they attach it to pitches for grants, forgiveness, and “hardship funds” that do not actually exist for consumer debt. A few consistent tells separate a scam pitch from a legitimate offer, and any one of them alone is reason to hang up:
- You are contacted out of the blue by phone, text, or social media about a grant or forgiveness program you never applied for.
- The caller asks for your Social Security number, bank account number, or a card number to “verify eligibility” or “deposit” grant money.
- You are told you must pay a fee, in cash, gift cards, cryptocurrency, or wire transfer, before receiving help.
- The offer uses an official-sounding but nonexistent agency name, or claims affiliation with a real agency that would never contact you this way.
- You are pressured to act immediately, before you have time to verify the offer independently.
If you encounter any of this, do not engage further, and consider reporting it. Complaints can be filed directly with the FTC, and grant-fraud attempts specifically have their own dedicated hotline, since the agency that runs the real federal grant system is well aware of how often its name gets borrowed by scammers. The single best defense you have is the fact you now know: the government does not forgive credit card debt, and it does not charge fees to release money it’s giving you. Anyone who tells you otherwise is describing a scam, not a program.
Legitimate alternatives
Since a government grant or forgiveness program isn’t coming, the realistic paths to lower debt run through your creditors, a nonprofit counselor, or, in serious cases, the courts. None of these options is effortless, but all of them are real, and each fits a different level of financial distress.
- Nonprofit credit counseling and debt management plans. This is usually the first stop, and for good reason. A certified counselor at a nonprofit agency reviews your full financial picture and, if appropriate, sets up a debt management plan (DMP) in which you make a single monthly payment to the agency, which then distributes it to your creditors under negotiated terms. The National Foundation for Credit Counseling notes that member agencies routinely negotiate lower interest charges and fee waivers with creditors on a client’s behalf, which tends to quiet down collection calls and ensures every dollar a client submits is passed along in full (NFCC). Because these agencies are nonprofit, initial consultations are typically free or low-cost, and there’s no sales pressure toward a specific product. A DMP does not settle debt for less than you owe. It restructures how you pay it back, on friendlier terms, without touching your loan principal directly.
- Debt settlement. This route, whether pursued on your own or through a for-profit company, involves negotiating with creditors to accept less than the full balance owed, usually because the debt is already seriously delinquent. It can reduce your balance meaningfully, but it typically damages your credit more than a DMP, may create a tax liability on the forgiven amount, and, if you use a for-profit settlement company, is subject to the fee timing rules described in the previous section. Settlement makes the most sense when you are already behind and a creditor is more likely to accept a reduced lump sum than continue chasing a payment plan.
- Debt consolidation. Rolling multiple high-interest balances into a single loan, often a personal loan or a balance-transfer credit card, can lower your overall interest rate and simplify repayment into one monthly bill. This works best for borrowers whose credit is still strong enough to qualify for a meaningfully lower rate than what they’re currently paying; it is a repayment strategy, not a reduction in what is owed.
- Bankruptcy, as a last resort. For debt loads that have become unmanageable through any of the above options, Chapter 7 or Chapter 13 bankruptcy offers a legal process to discharge or restructure debt under federal law. It carries the most serious and longest-lasting credit consequences of any option on this list, and it should be considered only after consulting an attorney and, in most cases, completing the credit counseling and DMP conversation first. It is real, legal, and sometimes necessary, but it is not a shortcut; it’s a structured last resort with real trade-offs.
Do-it-yourself strategies
Not everyone needs a program to make progress:
- The debt avalanche method: pay more than the minimum on your highest-interest card first, which minimizes the total interest you’ll pay over time.
- The debt snowball method: pay off your smallest balance first for a quicker psychological win, though it usually costs a bit more in interest overall.
- Direct negotiation: call your card issuer and simply ask; many will lower a rate or waive a fee for a customer with a solid payment history.
- Hardship programs: most major issuers offer temporary payment reductions for anyone dealing with a job loss or medical event.
Any of these beats making minimum payments only, and none of them require a third party.
How to know it’s time to get outside help
A few thresholds are useful tripwires. If your total unsecured debt exceeds about 40 percent of your gross income, or if minimum payments alone are consuming more than 20 percent of what you bring home, that’s generally a sign a DIY approach isn’t going to be enough on its own. The same is true if a creditor has threatened legal action or you’re losing sleep over the math. At that point, a conversation with a nonprofit credit counselor costs nothing and tells you exactly which of the paths above fits your specific numbers.
The common thread across every legitimate option is that relief comes from negotiating with, restructuring payments to, or legally discharging debt owed to an actual creditor, never from a government check. That is the same conclusion this guide opened with, and it holds regardless of which of these paths fits your situation best.
Debt relief options for teachers
Teachers have access to loan forgiveness programs that genuinely exist, but it’s important to understand what they cover. Two federal forgiveness programs apply specifically to educators:
- Teacher Loan Forgiveness Program: Can forgive up to $17,500 of a teacher’s federal Direct Loans after five complete, consecutive years of full-time teaching at a qualifying low-income school, according to Federal Student Aid, the office within the Department of Education that administers the benefit (StudentAid.gov).
- Public Service Loan Forgiveness (PSLF): Established in 2007, can forgive the remaining balance on Direct Loans after 120 qualifying monthly payments for any teacher working full time for a qualifying public or nonprofit employer, without the low-income-school requirement that Teacher Loan Forgiveness carries.
Teachers who don’t yet qualify for either program still have income-driven repayment options in the meantime, though this landscape shifted substantially in 2026 and, as of this article’s publication, is still settling:
- Income-Based Repayment (IBR): Available to borrowers who took out federal loans before July 1, 2026, and are enrolling in or switching to IBR now. It sets payments at 10 to 15 percent of discretionary income depending on when you first borrowed, with forgiveness after 20 to 25 years.
- Repayment Assistance Plan (RAP): Launched July 1, 2026, and is the only income-driven option for anyone taking out a federal loan for the first time on or after that date; those borrowers can no longer enroll in IBR.
- Older, phasing-out plans: The SAVE plan was vacated by a federal court in March 2026 and no longer exists. PAYE and Income-Contingent Repayment (ICR) closed to new enrollment that July and will be phased out entirely by 2028, meaning they’re still usable if you were already enrolled but aren’t an option if you’re just getting started.
Because this area has changed quickly and further adjustments are possible, it’s worth confirming current plan availability directly with your loan servicer or at StudentAid.gov rather than relying on any older plan name, including the ones listed here. It’s also worth checking with your state education agency, since many states run their own loan repayment assistance programs for teachers on top of the federal options, particularly for those teaching in high-need subjects or schools.
One practical note: not every loan qualifies. Federal Direct Loans are generally eligible for these programs, but private student loans and some older federal loan types typically are not, so it’s worth confirming what type of loan you actually hold before counting on forgiveness. Both federal programs are real and worth pursuing if you meet the criteria, but neither touches credit card debt, medical bills, or other personal debt; they are student loan programs specifically, and confusing the two is one of the more common and costly misunderstandings teachers run into when searching for “debt relief for educators.”
Managing credit card debt while unemployed
Losing income doesn’t erase what you owe, but it does change your priorities, and the right first move is contacting your creditors before you miss a payment, not after. Many card issuers have hardship programs that can temporarily lower your interest rate, reduce your minimum payment, or pause payments for a defined period, and they are far more willing to work with you proactively than after an account has already gone delinquent.
While you’re between jobs, this is also the moment to apply for the indirect assistance programs covered earlier in this guide, since SNAP, LIHEAP, and unemployment insurance itself exist precisely to bridge an income gap and keep essential bills current so your available cash can go toward priority debts. If you can’t cover everything, pay in this order:
- Secured debts, like a mortgage or car loan, since those come with repossession or foreclosure risk.
- Credit card minimums.
- Other unsecured loans.
It’s also worth protecting your credit score along the way by keeping card balances below 30 percent of your available limit if at all possible, and avoiding the temptation to close unused accounts, since doing so shrinks your available credit and can push your utilization ratio in the wrong direction. Building a bare-bones budget that separates true necessities from everything else, and calling a nonprofit credit counselor early rather than waiting until accounts are already charged off, tends to preserve far more options than waiting does.
Is your debt public record?
Most credit card and personal debt is private information, visible to you, your creditor, and the credit bureaus, but it becomes a matter of public record only when it enters the court system or a government collection process:
- Lawsuits and judgments: A creditor lawsuit, and the resulting judgment if the creditor wins, is filed with a court and is generally accessible to the public, which means anyone who knows how to search county or state court records could find it.
- Bankruptcy filings: These are public federal court records, searchable through the federal court system’s PACER database by anyone willing to pay the associated lookup fees.
- Federal tax liens: When the IRS places a lien on your property for unpaid taxes, that lien is recorded with local government offices and is public, separate from anything a private credit card issuer could do.
Simply carrying a credit card balance, even a large or overdue one, does not by itself create a public record; it’s the legal action or lien filed to collect it, not the debt itself, that ends up in a courthouse database.
One more distinction worth keeping straight: your credit report and credit score are never public record, even when a bankruptcy, lien, or judgment shows up as a line item on that report. The underlying court action is public; the report compiling it is still a private document accessible only to you and parties with a legitimate reason to see it. Knowing this distinction matters because it affects how much privacy you actually have while working through any of the repayment or settlement options described above, and it’s one more reason to negotiate with a creditor before a lawsuit is filed rather than after.
Across every one of these situations, the same principle holds: real help exists, but it takes the form of specific programs with specific rules, not a blanket government payoff. Teachers have real loan forgiveness options limited to federal student loans. People between jobs have real assistance programs that reduce other expenses. And debt only becomes public once a court gets involved. None of that changes the core fact this guide keeps returning to: nobody, in any circumstance, is getting a government grant to erase a credit card balance, and understanding that clearly is what protects you from the people who profit from pretending otherwise.
Frequently asked questions
No. The federal government does not offer grants to pay individual credit card debt. Any company claiming otherwise is not being truthful.
Not for unsecured debt like credit cards. Government help is mostly indirect, such as food, housing, or utility assistance that frees up income.
Only the creditor that owns the debt, or a party acting on its behalf through a negotiated settlement.
There’s always JG Wentworth…
Do you have $10,000 or more in unsecured debt? If so, there’s a good chance you’ll qualify for the JG Wentworth Debt Relief Program.** Some of our program perks include:
- One monthly program payment
- We negotiate on your behalf
- Average debt resolution in as little as 24-60 months
- We only get paid when we settle your debt
- Some clients save up to 44% before program fees
If you think you qualify for our program, give us a call today so we can go over the best options for your specific financial needs. Why go it alone when you can have a dedicated team on your side?
Program length varies depending on individual situation. Programs are between approximately 24 and 60 months in length. Clients who are able to stay with the program and get all their debt settled have realized approximate average savings of 44% of their originally enrolled balance, 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. JGW’s fees are calculated based on a percentage of the debt enrolled in the program. Read and understand the program agreement prior to enrollment.
“Debt free” refers only to enrolled unsecured debts resolved through our program. Results vary and are not guaranteed.
This is a Debt resolution program provided by JGW Debt Settlement, LLC (“JGW” of “Us”)). JGW offers this program in the following states: AL, AK, AZ, AR, CA, CO, FL, ID, IN, KY, LA, MD, MA, MI, MS, MO, MT, NE, NM, NV, NY, NC, OK, PA, PR, SD, TN, TX, UT, VA, DC. If a consumer residing in any other state contacts Us we may connect them with a law firm that provides debt resolution services in their state. JGW is licensed/registered to provide debt resolution services in states where licensing/registration is required.
Debt resolution program results will vary by individual situation. As such, debt resolution services are not appropriate for everyone. Not all debts are eligible for enrollment. Not all individuals who enroll complete our program for various reasons, including their ability to save sufficient funds. Savings resulting from successful negotiations may result in tax consequences, please consult with a tax professional regarding these consequences. The use of the debt settlement services and the failure to make payments to creditors: (1) Will likely adversely affect your creditworthiness (credit rating/credit score) and make it harder to obtain credit; (2) May result in your being subject to collections or being sued by creditors or debt collectors; and (3) May increase the amount of money you owe due to the accrual of 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 balance, and they may pursue collection, including lawsuits.
JG Wentworth does not pay or assume any debts or provide legal advice, financial advice, tax advice, or credit repair services. You should consult with independent professionals for such advice or services. Please consult with a bankruptcy attorney for information on bankruptcy.
List of Licenses can be accessed here: Licenses – JG Wentworth
SOURCES CITED
- Federal Trade Commission. “Government Grant Scams.” Consumer Advice, July 31, 2024. https://consumer.ftc.gov/node/77443
- Consumer Financial Protection Bureau. “The Servicemembers Civil Relief Act (SCRA).” Sept. 8, 2025. https://www.consumerfinance.gov/consumer-tools/military-financial-lifecycle/the-servicemembers-civil-relief-act-scra/
- National Foundation for Credit Counseling. “Debt Support.” NFCC.org, Oct. 28, 2025. https://www.nfcc.org/debtsupport/
- Food and Nutrition Administration, U.S. Department of Agriculture. “SNAP Eligibility.” June 11, 2026. https://www.fna.usda.gov/snap/recipient/eligibility
- Forbes Advisor. “How Does Your Debt Compare? U.S. Average Credit Card Debt In 2026.” July 10, 2026. https://www.forbes.com/advisor/credit-cards/average-credit-card-debt/
- Grants.gov. “Grant-Related Scams.” U.S. Department of Health and Human Services. Accessed Aug. 17, 2026. https://www.grants.gov/learn-grants/grant-fraud/grant-related-scams.html
- U.S. Department of Housing and Urban Development. “Housing Choice Voucher Tenants.” HUD.gov. Accessed Aug. 17, 2026. https://www.hud.gov/helping-americans/housing-choice-vouchers-tenants
- Federal Student Aid, U.S. Department of Education. “Teacher Loan Forgiveness (TLF) Program.” StudentAid.gov. Accessed Aug. 17, 2026. https://studentaid.gov/manage-loans/forgiveness-cancellation/teacher
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* Program length varies depending on individual situation. Programs are between 24 and 60 months in length. Average graduated clients realize approximate savings of 44% before our program fee and 21% after program fee. This is a Debt resolution program provided by JGW Debt Settlement, LLC (“JGW” of “Us”)). JGW offers this program in the following states: AL, AK, AZ, AR, CA, CO, FL, ID, IN, IA, KY, LA, MD, MA, MI, MS, MO, MT, NE, NM, NV, NY, NC, OK, PA, SD, TN, TX, UT, VA, DC, and WI. If a consumer residing in CT, GA, HI, IL, KS, ME, NH, NJ, OH, RI, SC and VT contacts Us we may connect them with a law firm that provides debt resolution services in their state. JGW is licensed/registered to provide debt resolution services in states where licensing/registration is required.
Debt resolution program results will vary by individual situation. As such, debt resolution services are not appropriate for everyone. Not all debts are eligible for enrollment. Not all individuals who enroll complete our program for various reasons, including their ability to save sufficient funds. Savings resulting from successful negotiations may result in tax consequences, please consult with a tax professional regarding these consequences. The use of the debt settlement services and the failure to make payments to creditors: (1) Will likely adversely affect your creditworthiness (credit rating/credit score) and make it harder to obtain credit; (2) May result in your being subject to collections or being sued by creditors or debt collectors; and (3) May increase the amount of money you owe due to the accrual of 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 balance, and they may pursue collection, including lawsuits. JGW’s fees are calculated based on a percentage of the debt enrolled in the program. Read and understand the program agreement prior to enrollment.
This information is provided for educational and informational purposes only. Such information or materials do not constitute and are not intended to provide legal, accounting, or tax advice and should not be relied on in that respect. We suggest that you consult an attorney, accountant, and/or financial advisor to answer any financial or legal questions.
**Not an actual customer. Example for illustrative purposes and does not take into account our program fee.
