Do you have debt and feel like your life is affected by this burden? Are you looking for a solution, debt relief? Do you live in the Sooner State? If your answers to these questions are yes, then our Oklahoma debt relief program is the perfect choice for you.
The debt market is flooded with so many different options. The amount of information that is out there can become overwhelming and it may feel impossible to decide on what is best for you.
This is where CuraDebt comes to your rescue. CuraDebt is one of the oldest, most experienced, licensed, and bonded organizations, saving thousands of people from debt fatigue.
Since 1998, CuraDebt has been helping people to overcome financial struggles by providing them with a legal and ethical debt relief program. Our founder, Eric Pemper, has seen the negative effects of debt firsthand – he expanded nationwide in 2000 to help people who were struggling with debt fatigue.
Receive fantastic advice, tons of debt relief options, a personalized debt relief program, and estimated savings here.
Undoubtedly, dealing with debt can lead to two conditions: financial misery and worry, both of which can significantly affect your daily life. Debt fatigue, which may completely upend your life, is particularly awful.
If you are struggling to handle this overwhelming challenge, consider debt consolidation to manage and take control of the situation again. CuraDebt can make your whole Debt Consolidation journey a lot smoother and easier.
Fair debt collection prohibits a debt collector from intimidating, oppressing, or abusing somebody while trying to collect a debt. The Fair Debt Collection Practices Act, which was passed by Congress, forbids certain actions by debt collectors when collecting debts. A debt collector, for instance, cannot call you at all hours to collect a bill. Additionally, a debt collector is not allowed to lie to you, threaten or harass you, discuss your debt with others, or call you every hour on the hour. If you request in writing that they “halt communications” with you, a debt collector is likewise required to stop contacting you about the debt. However, only collection companies or debt collectors that are collecting for another creditor are covered by the Fair Debt Collection Practices Act. For creditors who are pursuing their own debt collections, it does not apply. Your right to be free from harassment by creditors who are pursuing their own collection efforts is still protected by state law, not federal law.
Laws in Oklahoma only offer minimal protection for debtors from phone calls from original creditors trying to collect a debt.
Debt collectors typically collect “unsecured debts.” This indicates that you have not pledged any property as security for the loan, such as your house, car, or furniture. The majority of debts from credit cards, medical expenses, and small loans are unsecured. As a result, a debt collector has limited legal options for punishing you if you do not pay the amount. Legally, they engage in the following:
Federal law prohibits threats to take any other action over an unsecured debt!
Debt settlement (also known as a debt settlement program, debt negotiation, arbitration, or debt forgiveness) is the process of negotiating with your creditors to pay less than the full amount owed on your debts. These programs can reduce or eliminate late fees, collection costs, and interest charges while saving you money on interest and fees paid over the life of the debt but it can affect your credit score. Debt settlement works by you placing an agreed-to amount into a special purpose account monthly. If you have a lump sum amount to get started or have access to a lump sum, it will accelerate the speed of the program.
At CuraDebt, our program is designed to help you save money, as quickly as possible, based on your unique financial situation. We will use our expertise, contacts, and proprietary methods to get you the lowest legal amount possible. After receiving your settlement letter with all the negotiated terms, you could be debt-free in a matter of years.
If done right, debt settlement comes with a ton of benefits for your financial and even overall health. The benefits are:
The ultimate saving after debt settlement depends on several factors including
CuraDebt will point you in the right direction with your tax debts. CuraDebt can help you with these types of tax payments
CuraDebt understands how important your business is to you. CuraDebt will help your business with these types of debt.
In addition to the above-mentioned cities, we serve all cities and residents in Oklahoma.
Before filing for bankruptcy, investigate the other relief options that are available to you. These options include:
This is the simplest, and cheapest (in the short-term) option, but comes with obvious long-term consequences.
The most frequent problems with making minimum payments are:
Very quickly, your few months of minimum payments have ballooned. Additionally, it will take you years to become debt free which is not an ideal situation.
In short, having this option seems like a viable choice but it will make your life much more difficult. If there is one recommendation we have, it is to avoid monthly minimums as often as you can.
This is simple on paper: transfer a balance from one credit card to another credit card.
However, with time your interest rate on your new credit card will go up, so you will end up back in the same mess as before. Also, keep in mind one hardship and one overdue payment will be enough to make rates worse than before.
Finally, transferring a balance to a new credit card can potentially be seen as fraud by the credit card company if you are not consistent with payments. Over time, credit card investigators will review your account, again, this will not help your situation. In short, balance transfers may not be a great option.
Credit counseling offers DMPs for people who are struggling with high-interest unsecured loans, like credit cards, where you do not have to take out a bank loan. These agencies are run by non-profit organizations.
With a DMP, you will be able to lower your monthly payments and interest rates. The creditor reduces your interest rate in exchange for a monthly payment. When paying through DMPs, your debts will be consolidated into one payment which will simplify your financial obligations. DMPs are not for everybody, so make sure you do your research and understand what they offer.
A few examples of unsecured loans are credit cards, personal loans, and student loans. They are loans that are not backed by collateral. For example, if you default on a loan payment, there is nothing that they can physically take from you.
Juggling multiple unsecured loans and having to remember to pay each one can make it hard and confusing. You will be paying at least one bill every week to meet the multiple debt payments you owe.
So, is paying multiple debts ideal for you? Definitely not. Thankfully, there is a way that enables you to pay only one single payment every month.
Now think about this option as a form of debt relief.
Would it not be easier for you to pay just one bill monthly at a lower interest rate?
This is known as Debt Consolidation, and it might be exactly what you are looking for. Debt consolidation is the process of taking out one loan to pay off separate loans.
It is like the hero who comes to save the day. You will not have to set reminders for every debt payment or make time out of your busy schedule.
You can apply for one loan to consolidate all other loans. All you need to do is make one single payment every month.
You typically receive a lower initial interest rate. Plus, having only a single bill to pay will ease your nerves. Yet, debt consolidation may come with disadvantages, so it is crucial that before taking this step, you understand everything that comes with it.
At CuraDebt, we will make sure this step is right for you before you commit to it.
Secured loans are loans that are given and backed by collateral. Such examples of this would be a mortgage loan or an auto loan. If you default on these loan payments, the lender can use that asset as means of a payment. The lender has the legal right to seize your property if you are not able to repay the loan due to unforeseen reasons.
One of the benefits of having a secure loan is that they are easier to obtain.
The lender sees it as less risk for them because if the borrower defaults, they do not need to worry about never seeing their money again. Additionally, the interest rates with this type of loan can be lower.
On the other hand, it can be highly risky for the borrower because if you do this, you risk the chance of losing your home or car.
However, if this is done with professional help like CuraDebt, you will have room to breathe. With the lowest interest rates and high savings, CuraDebt will come to your rescue.
Credit counseling can be a valuable tool when trying to manage your finances and debt. With countless years of experience and expertise, credit counselors can help you to manage your debt.
This approach is intended to assist borrowers who are struggling to manage their debt. People who want to consolidate their debts or raise their credit scores might also benefit from it.
There is not a single moment of doubt that it was a good option. However, over time, fees and interest rates rise tremendously.
Counselors answer your inquiries and provide information on various debt repayment options, such as payment plans or hardship exemptions from late fees or other costs.
In Oklahoma, filing for bankruptcy is the last remaining choice. Chapter 7 bankruptcy will apply if your income is lower than the median income in your state.
Chapter 13 bankruptcy may be an option if your salary is higher than the state median income, but you are still unable to repay the debt.
Your business will be subject to Chapter 11 bankruptcy if it is insolvent and unable to pay its debts.
Bankruptcy is the last possible and least preferable solution. Before taking any decision to declare bankruptcy, you should discuss it with a professional.
A Merchant Cash Advance loan is a loan for operating firms that require additional funds to manage different business operations.
Business receivables are a guarantee for MCA loans. If your company is unable to repay a loan, the lender will be allowed to collect receivables in your name.
Your business is a result of your hard work. While leverage can be used to relieve yourself of debt, it seems like a promising idea. However, you seriously risk yourself, any employees, and your clients if this goes wrong.
Even worse, any risk to your revenue will make it harder for you to repay your debt if this business is how you generate your money exclusively.
Debt destroys both people and families. You will begin to observe changes with expert assistance and direction. For your debt relief, a reputable company like CuraDebt is necessary. Learn more about it here.
Diverse types of debt have varying statutes of limitations. Here are the differences:
This program is specifically designed for people who are experiencing problems like income loss or unforeseen bills.
Do you frequently make only the minimum payments because of debt problems? Are you still battling debt that has outgrown your expectations?
Contact a CuraDebt counselor to find out if you are eligible. We will assess your cash flows to see whether you are eligible for this program. A free estimate of your savings from the debt relief program will be sent to you by us.
CuraDebt will work for you and significantly reduce the cost of your debt settlement. You can pay off your debt faster with CuraDebt.
In Oklahoma, there are various debt relief options, each with its own requirements.
A few programs offer immediate assistance, while others ask you to wait until the start of their payment plan before receiving any funds in exchange for paying off your debts faster than usual.
With unmatched service, CuraDebt gives you the best competitive rates. Most importantly, CuraDebt’s Debt Relief Program does not require an upfront fee.
With CuraDebt, you are in the right hands. With perfect ratings and zero complaints, we are confident we are the best in our industry. We are more resourceful than any competitor in the market and help you at every step along the way.
Get rid of your high-interest-rate debt and create a debt-free future with us.
Call 877-850-3328 for a free consultation now!