At Gateway Debt Relief, we truly care about our customers and understand the financial challenges that lead individuals and businesses into debt. Our goal is to help our customers take charge of their future with comprehensive debt relief solutions. No matter what type of debt you need help with, unsecured debt, business debt, or even student loans, there’s a good chance we offer a service that can get you debt-free in a reasonable amount of time. Here’s an in-depth look at each of the services we offer:
Debt settlement is the main program we offer, and it’s a long-proven strategy to get you out of debt quickly by paying less than the amount you owe. At Gateway Debt Relief, we’ll set up a plan to help you pay off your debt in a period of 12 to 48 months. A trained debt settlement agent will negotiate directly with your creditors to reduce your overall balance. That way, you can reduce the amount you owe, get out of debt quickly, and avoid bankruptcy. Here’s how our debt settlement process works:
- Consultation and Initial Assessment: We’ll evaluate your financial situation and first determine if debt settlement is right for you. This step is essential because you may be better suited for a debt management program if you’re only looking to lower your interest rates. This first step helps us to chart a settlement path so we can determine how much you owe and what needs to be done to get you debt free.
- Building a Settlement Fund: This is the longest step of any debt settlement program. During this time, you’ll no longer pay your creditors directly. Instead, your payments will go into a debt settlement fund that you own. That money is then used to settle your debts with creditors.
- Negotiating with Creditors: Once you have enough money in your settlement account, an experienced negotiator will then work with your creditors to settle your debt. Ideally, these settlements will be for far less than what you owe, and that way, you can get out of debt in 4 years or less.
- Finalizing the Agreement: Once a creditor has accepted your settlement, you’ll use the money from your settlement fund to pay off the debt. Accounts are settled on an individual basis, and you’re one step closer to being debt-free with each debt settled.
Debt settlement is a great way to get out of debt quickly with minimal damage to your credit. Yes, your credit rating will take a hit, especially if you’re currently making your monthly payments on time. Besides the hit to your credit, there are tax implications to consider with debt settlement, and you should only consider this debt relief option if you have nowhere else to turn. However, the trade-off with a debt settlement program is that you can get out of debt in 1 to 4 years, versus the 30 years or more you’d be looking at by just making minimum payments.
Tax Relief Help
Having tax debt can be a scary situation, and it’s even more challenging when you factor in the possible legal consequences of doing nothing. At Gateway Debt Relief, we speak with customers all the time who are stressed about the penalties and high interest rates associated with their tax debt. Most are surprised to find out that we can help them negotiate a settlement and potentially release any liens or levies on your assets or income. We offer tax relief assistance for businesses and individuals facing IRS or state tax debts. We’ll work with you to create a customized approach to address your tax debts in a time-sensitive manner.
- Tax Negotiation and Resolution: Your agent will work with the IRS or state tax agencies to negotiate your tax debts on your behalf. While each situation is different, they’ll work to get you an Office in Compromise, or installment agreement. In some scenarios, they can also remove any penalties from previous tax issues.
- Back Taxes Assistance: Do you have unpaid back taxes? Our agents can set up a plan to pay down your existing tax debt that gets you out of debt quickly while also minimizing any additional penalties or interest charges.
- Tax Lien and Levy Release: Don’t let an IRS agent threaten you with a tax lien or levy! Our experts can help to negotiate a lien release and ultimately protect your assets and income from the IRS.
- Audit Representation: Getting audited by the IRS is never ideal, but you don’t need to do it alone. Our tax relief experts can represent you if the IRS ever audits you. We’ll stand by you throughout the entire auditing process and ensure you’re well-prepared and receive the best advice.
Work with our tax relief team to get expert advice, and trust us – you won’t have to face the IRS alone. Having a qualified tax negotiator can be a real lifesaver, and Gateway Debt Relief will work to address and resolve your tax debts as quickly as possible.
Business Debt Relief
Running a successful business is tough on its own, and it never helps if you’re facing a situation where your company has debt and you can’t pay it off. At Gateway Debt Relief, we offer customized strategies to pay down your debt quickly while maintaining sufficient cash flow.
- Debt Restructuring: We work with business owners all the time who are looking to restructure their debts. Our trained agents will put together a plan to get you better terms with a payment plan that better fits your budget.
- Creditor Negotiation: Our experts have years of experience working with business lenders, and we’ll put your needs first to get you the best business debt relief. No offer is too small when negotiating business debt and our goal is to get you out of debt in half the amount of time.
- Cash Flow Management: Business debt is often a result of cash flow problems, and we know that no business can survive without money to pay bills. Our agents offer guidance on budgeting and revenue resources. We’ll also put together a cash flow management plan to help your business become financially stable.
- Loan Modification: Some loan payment terms won’t work, and we can modify the terms of any business loan or line of credit. That way, you can pay back your debt on terms that better fit your budget.
Our business debt relief services are a proven way to get your business back on track. No matter if you’re dealing with credit card debt, unpaid invoices, or cash flow issues, we can help provide a pathway towards financial success. Business debt relief programs through Gateway are tailored to each company’s unique needs. Whether your business has credit card debt, unpaid supplier invoices, or other types of unsecured debt, our team is here to help you find a pathway toward financial stability.
Debt Consolidation
Debt consolidation allows you to manage and resolve multiple debts at once. By consolidating, you combine the payments into one single loan. When you consolidate your debts, you can simplify your finances and, most importantly, get one set monthly payment that often has a lower monthly interest rate. Debt consolidation is an excellent option for anyone who’s currently making their required payments to the lenders, but is looking for a lower interest rate and a more manageable way to pay their bills.
- Debt Assessment: For any customer considering debt consolidation, we’ll first analyze your debts to determine how much you can save. In most scenarios, it’s a straightforward process, and you either save money or you don’t. If debt consolidation is right for you, we’ll find the best consolidation program for you with the lowest interest rates.
- Securing a Loan: If you qualify, we’ll help you get a debt consolidation loan. Your loan will pay off your existing lenders, and you’ll be left with one manageable monthly payment, and likely a lower APR.
- Improved Quality of Life: No one wants to spend time paying their lenders. Debt consolidation can be beneficial if you have 10 or more lenders, as you can consolidate your payments into one and save a lot of time moving forward.
Debt consolidation can be a valuable option if you’re managing various unsecured debts, such as credit cards, personal loans, or medical bills. Our team will guide you through the process, ensuring you’re on a clear path toward a debt-free life.
Debt Validation
Debt validation allows you to challenge the legitimacy and accuracy of a debt. All too often, debts are misreported, mislabeled, and many of our customers eventually find out that their debt has been sold to a third-party collection agency. Gateway Debt Relief offers debt validation services to ensure that you only pay what you owe.
- Debt Validation Request and Initial Investigation: We’ll first want to see that your debt is legitimate and accurate. Your creditors will receive validation requests to confirm that each debt is correct and legally enforceable.
- Document Evaluation: It’s up to your credit to prove that a debt is valid, not you! The credit must show documentation proving your debt is valid and enforceable. They need to show that the debt is in your name and not past the statute of limitations.
- Resolving Disputed Debts: Often, a debt is found to be invalid, and this means you’re no longer liable for any amount owed. By resolving disputed debts, you can then concentrate on the debts you owe and disregard any debt amounts that were misrepresented or invalid.
Debt validation is an effective way to protect your rights as a borrower and consumer. No one should have to pay invalid debts. With our assistance, you can rest assured that you’re not paying down the balance on any unnecessary or fraudulent debts. Crucial service that safeguards your rights as a consumer. With our assistance, you can gain peace of mind, knowing that you’re not paying unnecessary or fraudulent debts.
We offer a comprehensive platform of debt relief services tailored to anyone who’s dealing with an excessive amount of debt. Gateway Debt Relief is committed to our customers’ success and our goal is for all our customers to understand the different programs we offer before they commit to any specific debt relief service. Please contact us at 888-560-0132 for individualized help with your debts, and we’ll recommend a debt relief service that best fits your needs.