Easily Remove Alternative Choice to the Agreement To Extend Debt Payment

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How to Remove Alternative Choice to the Agreement To Extend Debt Payment

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- Hey guys, Toby Mathis here, and today were going to be talking about getting ready for the 2021 tax season. So that means filing the 2021 tax return, so its 2022. So lets dive in to broad categories and make sure that were giving you some very good, easy to use, golden rules. So, number one, if you like this type of information, make sure that youre hitting subscribe and like and clicking that little bell so that you get notified when we put out more content cause this stuff is quite often timely, especially with Congress doing what its doing constantly. But lets dive into this. Theres really two categories of people. Theres category of people that need refunds and are entitled to refunds, and theyre kind of in that first category. And then theres everybody else. I tend to deal with investors. I tend to deal with folks that make a lot of money, and they tend to be in the second category. So if Im putting in two categories, its the people that need to get their money rig

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Can I Unenroll from national debt relief?

If we cant settle your debt or if youre not satisfied up to the point of us settling your debts for any reason you can cancel anytime without any penalties or fees other than any fees earned associated with prior settled debts. Thats right!

How long does a debt relief order stay on your credit file?

The note of your DRO stays on your credit file for up to six years after the date the DRO was made. This means it could be some time before you can get credit in the future. You might also struggle to open a new bank account during the DRO period and for some time after it has ended.

Is debt settlement good or bad?

Its a service thats typically offered by third-party companies that claim to reduce your debt by negotiating a settlement with your creditor. Paying off a debt for less than you owe may sound great at first, but debt settlement can be risky, potentially impacting your credit scores or even costing you more money.

What is the disadvantage of national debt relief?

Cons National Debt Reliefs services arent free. Credit score will likely go down temporarily. Creditors might not agree to the settlement offer. Certain debts are ineligible.

How do I opt out of debt relief?

If you would like to opt out of debt relief for any reasonincluding because you are concerned about a potential state tax liabilitycontact your loan servicer by phone or email and tell them that you dont want to receive one-time student loan debt relief.

Can I cancel my National debt relief Program?

If we cant settle your debt or if youre not satisfied up to the point of us settling your debts for any reason you can cancel anytime without any penalties or fees other than any fees earned associated with prior settled debts. Thats right!

What happens after 12 months of DRO?

A Debt Relief Order (DRO) is a way of dealing with your debts if you cant afford to pay them. It means you dont have to pay certain kinds of debt for a specified period (usually 12 months). At the end of the DRO period, the debts included in it will be written off (discharged) and you wont have to pay them.

Does debt resolution hurt your credit?

Debt settlement will have a negative impact on your credit score, even though you are reducing your debt obligations. High credit scores are designed to reward those accounts that have been paid on time ing to the original credit agreement before theyre closed.

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