Debt Solutions - Pick the best one to keep debts under control -OVLG

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Are you too much worried about your outstanding bills? Online debt solutions can help you reduce collection calls, save money and solve any type of financial problems. So try to get a free counseling session and find the best debt solutions in town.

Online debt solutions from OVLG for a quick recovery

OVLG gives you 4 solutions to debt problems. Each tries to resolve your financial problems in different ways. In this section, we talk about how these solutions can help you pay off debts.

Debt Settlement – It helps to lower your payoff amount

Debt settlement helps to eliminate late fees, reduce your credit card payoff amount and collection calls. In this debt reduction program, our Financial Coach requests your creditors to accept significantly less than the full amount.

Now the question is, why would the creditors agree to settle your debt?

The quick answer to this question is: They don’t want you to file bankruptcy where the court will decide everything.

Debt consolidation – It helps to manage and pay bills

Debt consolidation helps you manage multiple bill payments with an affordable repayment plan. Instead of writing 10 checks every month, you have to write only one check after consolidating your medical bills, credit cards, personal loans, and payday loans. This helps to avoid late payments, penalties, and fees.

Debt consolidation doesn’t give you a quick solution. Rather, it is a long-term financial strategy to pay off debt. When done properly, it can help:

To lower interest rate and monthly payments
To protect your credit score
Eliminate fines and additional charges

Debt management – It helps to lower your credit card interest rate

This debt relief plan helps to reduce interest rates on your unsecured debts and eliminate penalties. Our Financial Coach helps you get back on the right financial track with an effective budget plan and a repayment plan. The Financial Coach negotiates with creditors to reduce interest rates and the number of payments on your unsecured debts. This helps to save money on interest and fees.

Let’s take a brief look at how a debt management plan helps you in 3 simple ways:

It manages your debts without a loan
It gives you an effective budget plan
It helps you to make regular payments

Bankruptcy – It helps to discharge debts in 3 months

Bankruptcy releases you from your financial liabilities in just 3 months. In Chapter 7, the bankruptcy trustee liquidates your assets to satisfy your creditors. In Chapter 13, you can propose a repayment plan according to your affordability and pay your bills in 3 to 5 years.

Here’s what happens when you file bankruptcy.

Stop getting debt collection calls
Get an automatic stay on foreclosure, repossession, and lawsuits
Get a court-approved repayment plan

Our Financial Coach gives you debt solutions in 3 easy steps

Step 1: Analyzes your finances and helps you know your options to pay your outstanding bills

Step 2: Gives you a budget plan so that you can reduce your unnecessary expenses, save more and complete your repayment plan

Step 3: Explains debt relief programs for clearing your unpaid bills and penalties.

Here’s what happens after you sign up with OVLG

What are the benefits of the OVLG legal debt solutions?

Save money: You can save thousands of dollars. Our CRAs negotiate with your creditors to reduce the interest rate or outstanding balance and waive off late fees.
Repay your bills quickly: You can get out of debt within 2 years. In some cases, it may take more than 2 years to pay back your creditors.
Sleep peacefully: Once you get the repayment plan, you’ll be able to worry less about handling your creditors.
Get a refund: You can get a refund if the results are unsatisfactory. You can send a mail at complaint@oakviewlaw.com" to express your dissatisfaction and get a refund.

You won’t find the No Results Refund Policy anywhere else!!!

What clients have to say about our solutions to debt problems

More than 5890 clients are happy with our solutions!!! This is what they have to say about us!!!

Wed Apr, 2019 Review: DS1 saved $3068.36

Client satisfaction level:

Check Video Transcript

DS1 from TX saved $3068.36

Hey everyone, my name is Darrell. I live in Texas and this story is a little embarrassing, but since Oak View law group helped me out so much, I thought I'd take a few minutes to share with you my story, and how they were able to help. I've always sort of worked in a line of work where over time was almost required. I've been working overtime for you know four or five years before this happened but basically towards the end of 2015. I transferred to a new company and while I said over time was going to be there around Christmas time. It kind of went away and they never came back so I was constantly finding myself in need of more cash. so I did the dumb thing and I started going with payday lenders but under the assumption that at some point overtime would come back. well a year and half later the overtime never came back and one payday loan turned into two and then into three and then to 4 into 5 and over the course of a year and a half I actually racked up about 11 grand in debt and there was no way I could keep making even the minimum payments on those payday loans and installment loans. so I was in a bind, so I started looking around at my options. I was trying to find a debt consolidation company online that could help me with this problem and a lot of the sites that I found they didn't seem credible. They didn't have really good reviews but when I found out OAK VIEW LAW Goup they were different. They had lots of good video testimonials, hopefully mine will be up there someday and their website seemed really really well put together and they seemed like they had their stuff together. so I decided to get all my financial paperwork together and give them a call and the gentleman who assisted me on that initial call he made it seem like it was no big deal. He's like he took all my information and he said don't worry we'll be in touch we've got this so what they did was they asked me you know of course who do I owe money to how much do I owe and then they asked me well how much can you afford to pay each paycheck. so we worked that out with them and I set up an automatic draft through them and I paid them every paycheck and overtime. let's see I started in I started in June of 2017 that was my first contact with OAK VIEW LAW group and today is January 31st 2019, that's about a year and a half and I am completely debt free that 11,000 I had racked up is gone. so I'm pretty happy about that they kept me informed throughout the process. They let me know when they contacted the the creditors, they let me know if a creditor made an offer and I could either choose to accept or or deny the offer and Oak View Law Group always gave me advice on whether or not I should take the offer and I usually follow their advice because it was it was always good and things have had a question I could always contact my customer service representative. mine was SANDRA GIBSON I usually emailed her, I never called, I think I called a couple times but she always got back to me promptly and quickly answered my question and everything was good, and yeah there really were no hiccups along the way they even a hurricane came through. Texas and we were out of work for a couple of weeks and OAK VIEW LAW Group was able to postpone my payment you know during that period which was really helpful. so I just another good thing about them they will work with you and your budget, um let's see what else oh yeah I'm supposed to say how much I saved because I did save a bunch like I said my total debt was 11 grand oh cool our group was able to settle it for about seventy four hundred bucks which is the savings of almost three thousand bucks which is awesome. I could have never done this on my loan but I'm sorry I could have never done this by myself, it was just too much to take care of, so I needed somebody I could that could that could do this for me and they were able to do it and, of course they deserve to be fade so the fees I ended up paying was $2,400. so even with what I saved that's still less than the eleven thousand that I initially dug myself into. so I consider that to be a more fair price and you know like I said the whole experience was was positive glad to be out of debt. I'm glad I found OAK VIEW LAW GROUP and if you find yourself in a similar situation I hope you have a OAK VIEW LAW GROUP a chance because um they really came through for me and I really appreciate it so. If you have any questions you know just pick up the phone a call because their help that's what they do and they're really good at it. so thanks for listening to my story and if you're in a bind like I was good luck, give oak view law group a call and they'll take care of you. Alright, Cheers

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* Client names have been changed to protect privacy

Frequently asked questions on debt solutions

1. How long will it take to resolve my debt issues?

A. It depends on the kinds of debt solutions you opt for. Debt settlement gives you a debt-free life within 2 to 4 years. Debt consolidation and management resolve your financial issues within 2 to 5 years. Chapter 7 bankruptcy helps you eliminate debts in just 3 months. On the other hand, it takes 3-5 years to complete Chapter 13 bankruptcy.
Few other deciding factors:

The total amount you owe
Number of creditors you have
How much you have saved
How much you can pay every month
The willingness of the creditors to cooperate with you

2. How much do I have to pay for getting debt solutions?

A. OVLG has a reasonable and FTC compliant fee structure. You have to pay a success fee of 15% of the total enrolled debt. There are no upfront fees or advance fees.

You have to pay a monthly consultancy fee of $50 for a 30 minutes consultation with the tax attorney, budgeting consultant, and the savings consultant. However, the monthly consultancy fee will be adjusted with the success fee after your debt issues are resolved. Get the complete fee structure.

3. How do credit card debt solutions affect my credit score?

A. There are several ways to resolve your debt problems and not all of them make a negative impact on your credit score. But it’s equally important to evaluate your needs and options before choosing a debt resolution.

Usually, debt elimination programs help to increase your credit score when they reduce your overall utilization ratio. If bankruptcy or debt settlement reduces your overall utilization ratio, then your credit score will increase automatically. If your utilization ratio drops from 100% to 40%, there will be a big jump in your score.

4. Can legal debt solutions stop wage garnishment?

A. Bankruptcy stops wage garnishment instantly.

Debt settlement and consolidation can also help to stop wage garnishment. But in that case, you have to save a significant amount in advance so that our CRA can offer an amount to stop wage garnishment.

The CRA will offer a decent payoff plan to your creditors. But to stop wage garnishment, we have to offer an amount upfront for immediate effect.

5. Do I have to pay tax?

A. You have to pay tax to the IRS on the difference between the amount you owed and the amount you paid. For instance, if you owed $1000 and paid only $300, then you have to pay a tax because your net savings is more than $600. The creditor will send a 1099-C form to you at the beginning of the following year and you have to report $700 as your income at the time of filing your income tax return.

Don’t ignore the 1099-C form because the creditor reports the canceled debt to the IRS as well. So the IRS has all the details in their online database. If you don’t report the 1099-C, then you might be charged for the amount if they find out the error.

6. Can debt free solutions stop collection calls?

A. Yes, once you file bankruptcy, creditors and debt collectors can’t contact you for collecting debts. They can’t call you or harass you for collecting debts. Just inform your creditors that you have filed bankruptcy. Once creditors are updated about your bankruptcy filing status, they should stop calling you.

7. Can I lose my home?

A. Chances are less since credit card debt is an unsecured debt. If you don’t pay off unsecured debts, then creditors can file a lawsuit to receive a judgment against you and make you pay off the debt. If you still don’t repay your bills, the creditors can garnish your wages or impose a lien on your home.

When you get personal debt solutions from OVLG, creditors rarely employ drastic measures since they don’t want to get into legal hassles. Creditors want money and when they receive it, they forget about lawsuits and imposing liens on properties.

8. Can I get a refund?

A. If you’re not happy with the OVLG’s clear debt solutions, you can claim for a refund. But this is an exceptional case. Most debt settlement or consolidation companies don’t give a refund if your bills are not paid off. Always read the agreement carefully before hiring any company.

9. How to get myself out of debt when I am in jail

A. Bankruptcy option is available even when you’re in jail. A debtor’s prison doesn’t technically exist in the country. Still, you can land up in jail for not participating in the post-judgment discovery process. If you don’t respond to discovery and refuse to appear in the court, the creditor can request the judge to issue a civil warrant for your arrest.

Once you get arrested, the only way to get out of jail is to pay what you owe. Remember, judgment has an option to add interest. So, you may owe hundreds or thousands of dollars. If you don’t have money to pay the full amount, then consult a bankruptcy attorney for advice.

10. How do I manage debt collection calls?

A. The best part of credit card debt solutions is that you won’t have to manage collection calls anymore. OVLG will handle your collection calls on your behalf. If a debt collector calls you, inform him that you have enrolled in a debt elimination program. So he should talk to OVLG immediately.

Have a quick glance at the FDCPA laws since collection agencies have to follow certain rules at the time of negotiating with you. If a debt collector violates the laws, you can file a lawsuit against him.

11. How can I combine my credit card debt in one monthly payment?

A. You can combine your credit card bills in one monthly payment with a debt consolidation program or a loan. This solution helps you make only one monthly payment at an affordable interest rate.

OVLG offers consolidation programs in different states to help you repay bills conveniently. Just call us at the toll-free number to get the best guidance.

12. Can you negotiate credit card debt if I have bad credit?

A. Yes, we can. Rather we offer different types of solutions to improve your credit score gradually. When you have a poor credit score, it’s difficult to get the best credit cards, mortgages, and apartments. Our solutions help to lower your overall utilization ratio and increase credit score.

Debt Settlement - Eases you out of your debt load lawfully

Updated on: 11th Jun, 2018

Is debt settlement a legal way to repay bills?Debt settlement is perfectly legal. It is one of the most popular legal debt solutions across the countr...