Are you experiencing debt that has increased lately? Are you tired of trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, the best way is to approach professionals that can help you settle this issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether they can help you or help you get into more debt.
According to their customers, they can help you manage 80percent of your debt , so you are able to take couple of things off your plate.
For some they believe these claims are too good to be true.
If you’re looking for any solution that could assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at the way CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before you begin the review, you can check out this video instead for a more relaxing way to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company How To Show Sale Of Assets A Nd Relief Of Debt In Tax Return Scorp
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. However, they also offer other services that will assist you in becoming financially stable.
First of all, it starts by requesting a no-cost online savings estimate. This service is very confidential and won’t be doing a credit check. By using this estimate of savings you’ll be able to learn more about your options to debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with the opportunity to consider your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating the process of credit arbitration should you choose to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program, CuraDebt will be the one to take care of all your creditor’s calls. They’ll also be the ones who determine what you will pay for your settlement depending on the condition of your finances. Based on what works best to you, this can be a lump-sum settlement or a payment plan.
Moreover they will also be working with creditors to ensure that you enjoy better rates when you deposit money to your savings account. This, is then processed to pay back the creditors. Their programs can assist you to pay off the debt in two years.
After you’ve registered with them, they will allow you access to your data 24/7. All you have to do is log in to CuraDebts Client Portal to monitor your progress.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. These include personal loans, medical bills credit cards and also lines of credit. You can also approach them to help settle any remaining balance on business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you will not receive assistance for the majority claims, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, should it be possible. Some violations can also lead to having your debts removed as well.
CuraDebt also allows you to repay debt for less than the amount you have. They also allow you to inquire about your debt during their no-cost consult with their debt advisor.
The most appealing aspect of their program is that you only pay the fees when your debt is paid off. All you need to sign up to any of the plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial documentation, they will also collect all the paperwork you’ll need for tax returns.
By using this program, you will be able to deal with various tax issues such as garnishments on wages as well as tax penalties for personal and business taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges either. They only use flat-fee pricing and is dependent on the amount you’ll have to pay.
There are a variety of options when it comes to the settlement of taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their forte, they don’t offer all kinds in debt resolution. CuraDebt is only focused on loans that are not secured. They won’t be able to assist you if your debt or loan is tied to a physical item.
If you do have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to settle your past-due tax debts without any problems. Additionally, this service is accessible to all 50 states if you have a debt in arrears to IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve your medical debt. In certain cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students with negotiating any loans they are owed.
Payday loans and personal loans also qualify as debt-settling programs. You can also avail the program if you have other unsecure credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can assist you in paying it off.
How much will it cost?
The best part about CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you settle each of your debts.
They also do not charge high costs either. On average, you’ll have to pay up to 20 percent of the debt you settled through them.
In the average, this kind of industry charges between 15 and 25%.
In addition, customers can expect to settle their debts within between 2 and 4 years. However, this also varies according to the amount you save per month.
They also claim you can save up to 30% when you factor in their fees in your equation.
However, this statement will differ based on the situation. Some clients even mentioned saving 50 to 80percent.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. In addition, they only charge a 20% fee while most companies charge you 25 percent.
Then, if you’re done with the debt settlement program, you may also sign up for their credit repair program.
It’s an excellent method to improve your credit score without going back into debt. However, the program runs different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also be looking into any violations by creditors using their in-house experts.
Drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with your credit card. Therefore, if you’re trying build a better credit score, it could set you back while you’re working on your debt.
CureDebt doesn’t even have a mobile app available. While they do have a website that clients can access, it looks aged and simple. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not credited with the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more on these kinds of services. In addition, their 20% service fee is lower than many companies that offer an additional 25% charge. There aren’t any upfront fees, and you will only have to pay when the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt does not have an app yet, which will make it easier to track your performance.
However, they have a good support team and can be reached them not just via email but also via phone or sending an e-ticket. How To Show Sale Of Assets A Nd Relief Of Debt In Tax Return Scorp
If your credit card is a major problem right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs that they provide are offered in your state.
FAQ How To Show Sale Of Assets A Nd Relief Of Debt In Tax Return Scorp
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt has a tax relief program that can help you with problems such as late payroll taxes and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with the team and make the necessary payments to reduce your debt over time.