Has your debt been piling up lately? Are you tired of trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In the majority of cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can assist you or put you into more debt.
According to their customers, they can help you manage the majority of your debt so that you are able to take couple of things off your shoulders.
But for some people the claims seem too good to be true.
You might be looking for any solution that could aid you in settling your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at how CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude we’ll look at the advantages and disadvantages of this method.
Before you begin the review, check out this video instead for a more relaxing way for it to be watched.
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 our article for a more comprehensive review.
About the Company Irs Tax Relief On Nursing Home Fees
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. But they offer other services that can assist you in becoming financially stable.
It all begins by requesting a free online savings estimate. It is a completely private service and they will not be doing a credit check. By using this estimate of savings you’ll be able to learn more about the options to be debt-free.
This estimate of savings, as mentioned before, gives you an insight into your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement plan, CuraDebt will be the one to handle all of your creditor’s calls. They will also be the ones that will determine what you will pay for your payment depending on the condition of your finances. Depending on which works best to you, this could either be a lump sum settlement or the option of a payment plan.
Additionally, they will be working with the lenders to help you have better rates as you transfer money into your savings account. This, in turn, will be processed to pay creditors. The plans they offer can help you pay off the debt in two years.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you need to do is login to CuraDebts’ client portal to track your performance.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on your behalf to settle all kinds of debt. This includes personal loans, medical bills credit cards, and loans. They are also able to pay off any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate on tax owed and IRS debt. However, you will not receive support for most of your lawsuits, government loans or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation so that you can have cash settlements, if possible. Certain violations may cause your debt to be also dismissed.
CuraDebt also allows you to repay debt for less than the amount you have. You can also have questions answered during a free consultation with their debt counsellor.
The best part about their plan is that you’ll only pay the fees when your debt is paid off. All you have to sign up for some of their programs and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they collect all of your financial documents, they will also collect all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to solve various tax issues such as garnishments on wages, tax penalties, personal and taxation for business, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount you must settle.
They have different solutions when it comes to the settlement of your tax debt. Here are 6 options:
- 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?
While debt settlement is their specialization however, they do not provide all kinds of settlement. CuraDebt only focuses on unsecured debt. They aren’t able to help you if your debt or loan is tied to an actual item.
However, if you have the following types of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without any issues. Moreover, this type of service is offered across all 50 states, if you have a debt towards the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt can also assist in settling your medical debt. In certain cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students negotiate the student loans they owe.
Personal loans and payday loans also qualify for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards CuraDebt will assist you in paying it off.
What will it cost you?
The best part about CuraDebt is the way they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your outstanding debts.
Additionally, they don’t have high-cost costs either. On average, you’ll be required to pay up to 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25%.
In addition, customers can expect to settle their debts within between 2 and 4 years. This varies depending on the amount that you can save up per month.
Additionally, they claim that you can save as much as 30% by incorporating their charges into your calculation.
But this claim will also differ based on your situation. Some customers even claimed to save 50 to up to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s explore the benefits of using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Furthermore, they only charge a 20% fee while many companies charge 25 percent.
If you’re finished with the debt settlement program you could enroll in their credit restoration program.
It’s an excellent option to rebuild your credit score without having to go into debt again. The program is however designed differently for each person, depending on your situation.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also be looking into any violations of creditor with the assistance of their own experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to cease making payments with your credit card. Therefore, if you’re trying build a better credit score, it might delay you from getting rid of your debt.
CureDebt does not offer a mobile application. Although they have a client website however, it appears aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on these kinds of services. Moreover, their 20% service fee is less expensive than the majority of firms that charge a 25% fee. There is no upfront payment and you’ll only have to pay when the debt is settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt does not have an app, which would make it easier to track your performance.
They do have a competent support staff and can be reached them not only through emails but also by phone or submitting an e-ticket. Irs Tax Relief On Nursing Home Fees
If problem of debt is an problem right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services they offer are available in your area.
FAQ Irs Tax Relief On Nursing Home Fees
How long does it take to complete the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt provides tax relief programs that can assist you with issues such as delinquent payroll taxes and wage garnishments.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down your debt over time.