California Debt Relief Reviews and Testimonials from Pacific Debt (2024)

A Debt Relief Company in San Diego, California

One of our certified credit counselors can help you understand all your debt relief options and what your best route of action would be. We can also give you aFREE savings estimateto see how much money we can help save you each month.

Pacific Debt has one of the best debt relief programs for California residents who are eligible for our program. We know what it's like to have high-interest rates for unsecured loans, medical bills, or student loans.

If you live in the state of California and are looking for your best option for reducing your debt, call us today. Our debt experts will help guide and explain all your options so you understand them well. Our California debt settlement program can be custom tailored to fit your budget.

Our office headquarters is located in sunny San Diego, California. If you live in the San Diego area, a debt relief specialist can help you with debt consolidation, debt relief, debt counseling, and any questions you may have about an existing debt.

View our verified Google reviews and see what our customers are saying about our debt relief program and how its helping them.

• What are California debt relief programs?

  California debt relief is the act of reducing the amount you owe your creditors so that you can receive the financial relief you need in order to go about your everyday life.Debt settlementis one form of debt relief as are services provided by a nonprofit credit counseling agency. We are a national debt relief company and have worked with creditors across the US. Read our customer reviews to see how we helped others get out of debt.

  Our debt relief specialists work to decrease the amount and even settle the debt you owe including a decreased interest rate from credit card companies. As you save sufficient funds through a single monthly payment into a savings account, we pay off your settled accounts through our debt settlement plan or program.

  
  

• How does California debt relief work?

  Pacific Debt provides relief in the form of debt settlement to residents living in California, as well as national debt relief. If you have unsecured debt like credit card debt, our California debt relief program can help.

  Your debt management program requires you to set up a savings account or what some refer to as a settlement fund and make a monthly payment into that savings account. Check out ourdebt relief program.

  Take time to understand how debt settlement programs work and all your California debt relief options.

• Is California debt relief a real thing?

  California debt relief is a real thing. It's available through a number of different California Debt Relief programs, including the state's Debt Relief Program and Mortgage Assistance Program. You can also get help from private debt relief companies.

  The main thing to remember is that you should always research any company or program before you sign up. Make sure you understand the terms and conditions and be aware of any potential scams.

  Pacific Debt has helped countless California consumers reduce the amount they owe since 2002 and was rated the Best Debt Settlement Company of 2020-present.

  If you are living in California, give us a call right away for a consultation so we can help you understand all your California debt relief options.

  Read the Pacific Debt reviews to see why we are rated above other debt settlement companies.

• Who qualifies for the California debt relief program?

  You must meet the following:

  • All your existing debt should total at least a debt amount of $10,000 in unsecured debts (credit cards, payday loans, debt consolidation loans, medical bills, collections and repossessions, business debts, and some student loans).
  • You are having difficulties making minimum monthly payments or late fees (you'll put what you can afford into a single monthly payment into a savings account) or making on-time payments.
  • Live in a state where we can do business. We provide debt settlement in the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, District of Columbia, Florida, Idaho, Indiana, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Mexico, New York, Oklahoma, Pennsylvania, South Dakota, Texas, Utah, Virginia, Wisconsin

  * Since not all states are included, not all clients can enroll in our company. People in other states can be connected to one of our trusted partners

  Keep in mind that there may be some tax consequences as well as temporarily decreased credit scores.

  Before deciding to pursue debt settlement, always discuss potential tax consequences with a tax professional who can provide you with tax advice.

Pacific Debt Relief's Debt Relief Program

Pacific Debt Relief, located at 750 B Street Suite 1700 in San Diego, CA 92101, has over 20 years of experience helping consumers through our customized debt relief programs. Our dedicated team of certified debt specialists can explain how our debt settlement process works during a free consultation.

We will analyze your unique financial situation and explain what you can expect with our program. Our individually-tailored plans help clients pay down unsecured debt through affordable monthly payments into a dedicated savings account. As you save, our San Diego negotiators work directly with your creditors to settle accounts for less than you owe. We offer an ethical solution to be debt-free faster.

California Better Business Bureau

Pacific Debt is anA+ rated Business with the Better Business Bureau fordebt negotiation servicesto individuals and families struggling with unsecured debt. We have been accredited since 2010 and in business since 2002.

We specialize in California debt relief and the settlement of unsecured debts like personal loans, medical debt, unsecured debts, and credit card debt. We understand how credit card debt piles up and can become a major problem.

We have helped thousands of people in California with our accredited debt relief program. Call us today, we can help you too! We can help you understand all your financial options and create a debt management plan with our debt settlement specialists.

Read our California debt relief reviews and case studies to see how Pacific Debt helped people eliminate their total enrolled debt. We have a staff of dedicated debt settlement negotiators who are ready to help you negotiate with your creditors. We have California debt relief reviews from our customers in Los Angeles, San Diego, Madera, and San Francisco.

Be aware that your credit report and average credit score may take a hit during a debt settlement program but should recover with time.

Take a look at our debt relief reviews from verified customers to see debt settlement work.

View ourNMLS Consumer Access VerificationDetails

Visit our Google page and review our debt relief reviews from verified customers

Call Us for Immediate Debt Relief Service

California Debt Relief Help

Click

We can help you and your family with debt relief in the state of California. We are also a national company and have contacts all over the US.

Remember, we offer a free consultation and analysis. You may also want to enroll in a complete credit counseling program.

Our dedicated certified financial counselors can walk you through all of your debt relief options to find the right solution for your unique situation. Whether it's debt settlement, credit counseling, debt consolidation, or bankruptcy, we will explain the pros and cons of each.

With over 20 years of experience, we have helped thousands of Californians find financial freedom. Our debt relief programs can reduce high-interest credit card balances, medical bills, personal loans and more.

Take the first step and contact us today to start breathing easier. Getting reliable, ethical debt help is a phone call away. We're here to provide real California debt relief.

The State of California

California has been a go-to destination for centuries. From beaches to deserts to snow covered mountains, California has something for everyone. As a result, California is ranked #1 for population and #13 for population density.

As of 2017, over 39 million people called California home. Los Angeles is the second largest city in the US and two other cities (San Diego, San Jose, and Sacramento) are in the top ten largest US cities.

California Median State Income

The median state income is $67,739. As of 2018, the minimum wage is $11 per hour. That may seem like a lot of money to some people, but in reality, it doesn't go very far in California. In fact, 18.6% of Californian children under 18 live in poverty.

For residents overall, 14.3% of all people in California live under the poverty level.

• Median state income: $67,739
• Minimum wage: $11/hour
• Children in poverty: 18.6%
• People in poverty: 14.3%
  

Is California a Community Property State?

California is a community property state. Therefore your assets are seen as equally owned by you and your spouse.

There are 10 community property states in which the state sees your assets as community property are Louisiana,Arizona,California,Texas,Washington,Idaho,Nevada,New Mexico,andWisconsin.

California Homeowners

Just over half (54.1%) for Californians hold a mortgage. However, the median home price in California topped $600,000 (2018) for the first time. That means that half of the available homes are over $600,000, making a home in California an expensive proposition.

• Homeowner rate: 54.1%
• Median home price: $600,000

Mortgage Forgiveness Debt Relief Act 2014 - 2016

California Employment at a Glance

California has a current unemployment rate is 4.3%. However, the underemployment rate is 11.3%. Underemployment is the percentage of civilian workers who are unemployed, employed part-time or are not seeking employment.

• Unemployment: 4.3% (2018)
• Underemployment: 11.3% (2017)

This can put people in a serious financial situation and financial hardship can be right around the corner.

If this is you, we can help. Pacific Debt offers California debt relief solutions tailored to your unique situation and budget. Our certified counselors help you work up a budget and explain your options.

Debt Statistics in California

Most people living in California carry a lot of debt. The average credit card debt is $8,971 (2017). The average medical debt per person is under $4,000. The average student loan debt is lower than the US average but is $28,950.

When you add all that debt on top of the cost of homes (rental or owned), versus the median income, it is very easy for Californians to get into debt.

According tocreditcards.com, the average credit card interest rate sits at 17.73% for 2019. The Pacific Debt California debt relief program plays an important role in helping people consolidate and settle their debt and work directly with the credit card companies.

Average California credit card debt: $8,971 (2017)

Average California medical debt per person: >$4,000 (2016)

Average California mortgage debt: $334,925 (2016)

Average California student loan debt: $28,950 (2016)

Call us todayto find out more information about your California debt relief options.

California Statute of Limitations

California's statute of limitations lays out maximum time periods that debt collectors can take action against a delinquent debt. These statutes of limitations begin on the date that your debt goes delinquent.

Following are the California debt statute of limitations for different types of debt.

• Oral agreements: 2 years
• Written contracts: 4 years
• Promissory notes: 4 years
• Credit card debt other revolving loans: 4 years
• Auto loans: 4 years after first delinquency
• Personal loans: 4 years
• Medical debt: 4 years
• Federal student loans: No limit, unless discharged in bankruptcy
• Private student loans: 4 years

Knowing the statute of limitations is important when weighing debt relief options. Once past the statute, creditors lose the ability to successfully sue to recover the debt. However, the debt still exists minus the collection rights.

The statutes vary based on debt type and time since delinquency. This provides California consumers certain protections regarding old debts. Discuss your specific situation with a debt specialist.

Understanding California's statute of limitations on debt is important when weighing your debt relief options. Contact our team at Pacific Debt Relief in San Diego to discuss your specific situation. Our debt specialists can explain how the statutes apply and advise if creditors are acting illegally when trying to collect on old debt.

California Debt Relief

California debt relief is usually a debt settlement program that helps people living in the state of California to negotiate and settle their unsecured debts for less than the full amount owed.

Most California debt relief companies typically require that you have at least $7,500 in unsecured debt in order to be eligible for their services.

Debt settlement works by working directly with creditors and collectors to agree upon a reduced lump-sum settlement payment. This allows the account to be settled for often 30-50% less than the total amount owed.

Other common unsecured debts that can be negotiated through California debt settlement include:

• Credit cards
• Medical bills
• Personal loans
• Utility bills
• Payday loans

Debt settlement provides a way to significantly reduce balances owed and become debt free much faster than options like debt management plans and debt consolidation loans.

However, debt settlement is not right for everyone. It can temporarily impact your credit score and is best suited for those facing serious financial hardship. Find out how to raise your credit score by 100 points.

Debt Settlement

A debt settlement is an agreement between a creditor and debtor to settle a debt for less than the amount owed. This can be a great debt relief option for anyone looking to reduce their debt substantially.

If you have more debt than you can pay off, Pacific Debt can help you with California debt settlement and learn to live debt-free. Since 2002, we've settled over $300 million in debt for thousands of clients.

We are a nationally top-ranked company specializing in debt settlement and we have helped countless California residents with our national debt relief. Contact us today so we can help you too! Remember we offer free debt analysis and can recommend a good credit counseling agency.

We will help you work through our proven and comprehensive debt relief program that involves one monthly payment into a savings account. We may encourage you to enroll in a debt management plan. We'll help you understand each debt relief option you have available.

Debt Management Plan

You may have heard of a debt management plan to assist you in paying back your debt on time. A (DMP) is a voluntary agreement between a debtor and his creditors to repay a portion of the outstanding debt under the terms of the agreement, the debtor agrees to make monthly payments to a credit counseling agency, which in turn will distribute the money among the debtor's creditors.A debt management program can be helpful for consumers who are struggling to manage their debts, but it's important to note that not all creditors will agree to participate in a DMP.

Your certified debt settlement counselor will review all your debt options. If California debt settlement is right for you, we move forward with our debt settlement program and work to save money on your enrolled debt. Enrolled debt can include unsecured debt like credit card debt, medical bills, personal loans, and other unsecured debt.

Debt negotiation is not an easy process and it won't happen overnight, but you can do it. Pacific Debt will be there every step of the way to help. We work with credit card companies everyday reducing debt for our customers.

Call us and ask our award winning debt specialists about our California debt settlement program and how it can help you reduce debt faster. Other debt relief providers may not be able to meet our company standard of excellence.

Since we are a national debt relief company, we may be able to help your relatives as well. If we can not, we will refer you to other California debt relief programs including debt consolidation programs that we trust.

We are leading debt relief company and we want you to be able to trust our recommendations. We have established lines of communications in place now with most credit card companies and creditors so we can do everything we can to help you become debt free.

Our debt relief specialists are ready to help you achieve your goals and get through any financial hardship you might have.

Other Debt Relief Options

We are a California debt settlement company and have discussed debt settlement is detail. The quick version is we negotiate with your creditors to lower the debt amount of unsecured loans, like credit cards and helps you to save money in order to settle debts.

Click here to learn more about debt negotiation and our debt settlement program.

However, we do want you to understand your other debt relief options. These include debt consolidation, credit counseling, and bankruptcy. We will explain those more below.

Debt Consolidation

Debt consolidation programs are a common debt relief option that rolls all your debt into a single, lower interest payment. You apply for a lower interest loan to pay off the debt or work with a debt consolidation company.

Always be very careful and make sure to research all the debt consolidation companies first before contacting them. Read their company reviews to find out more about their program.

Click here to learn more about debt consolidation.

Credit Counseling

This debt relief option helps you learn money management including developing a budget, helping you understand your credit report, and set up a debt management plan. Click here to learn more about Credit Counseling.

Bankruptcy in California

Bankruptcy is a last resort debt relief option – this legal action wipes out most of your total debt, severely damages your credit for up to ten years, and is expensive and time-consuming.

If you are filing for bankruptcy in the state of California, there are a few important steps that must be taken to ensure that the process goes smoothly.

First, it is important to have all of your financial paperwork and documentation ready so that you can accurately complete all necessary forms. You should also seek out legal advice or representation from an attorney who specializes in bankruptcy law in order to maximize your chances of success during the bankruptcy process.

Next, make sure you thoroughly understand the different types of bankruptcies available (Chapter 7 bankruptcy and Chapter 13 bankruptcy) and which one best suits your current needs.

Once you have completed the steps above, compile a list of creditors and determine what type of debt you may include as part of filing for bankruptcy in California.

California Bankruptcy Court Information

Bankruptcy is a legal action that can erase most of, if not all of your total debt as well as your credit history. It is not an action to take lightly. If you do, you must follow the following steps in California Bankruptcy law.

Persons filing for bankruptcy must:

• Complete credit counseling within six months before filing for bankruptcy.
• Complete a financial management instructional course after filing bankruptcy.
• Complete a Bankruptcy Act Means Test to determine if you are eligible for a Chapter 7 or 13 bankruptcy
• Itemize current income sources; major financial transactions; monthly living expenses; debts (secured and unsecured); and property (all assets and possessions, not just real estate).
• Collect last 2 years of tax returns, deeds to real estate you own, car titles, and loan documents
• File for bankruptcy
• Chapter 7 bankruptcy fee is $306
• Chapter 13 bankruptcy fee is $281
• Meet with court assigned bankruptcy trustee
• Attend a Meeting of Creditors
• Confirm plan if filing for Chapter 13 bankruptcy

California Debt Collection Laws

Californians have laws to protect them against unscrupulous debt collectors. The federal Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using abusive or harassing bill collection practices. In addition, the California Fair Debt Collection Practices Act (CFDCPA) add protections against more types of collectors and actions. If you are a victim of any of these actions, you may take legal action against them.

If you feel you are being subjected to harassment or illegal practices from debt collectors, contact our team at Pacific Debt Relief in San Diego.

Reach us at 833-865-2028 or visit our office at 750 B Street Suite 1700, San Diego, CA 92101 to discuss your situation and learn about your consumer rights and protections. Our knowledgeable debt specialists can provide guidance and advice.

Overall, debt collectors can NOT:

• Charges more than 10% interest
• Garnish more than 25% of wages
• U se/threaten physical force or criminal tactics to harm you, your property, or your reputation
• Accusing you of committing a crime for not paying the debt
• Make/threaten to make defamatory statements to someone else
• Threaten arrest, to seize assets, or garnish wages unless actually planning to take such action
• Use obscene or profane language
• Cause you to spend money you wouldn’t otherwise have spent (ie long-distance telephone calls)
• Call you repeatedly or let your phone ring repeatedly
• Call frequently
• Contact your employer, except to verify employment or health insurance status, garnish wages or locate you
• Reveal information about debt to anyone except your spouse or your parents if a minor.
• Publicly publish your name for failing to pay
• Send a postcard or letter with revealing information on the envelope
• Claim to be someone other than a debt collector, including a governmental official
• Use stationery that appears to be from a law firm
• Charge you collection or attorney’s fees unless legally allowable
• Threaten to report you to a credit reporting agency if they have no intention of doing so
• Send a letter claiming to come from a claim, credit, audit, or legal department unless it actually is

Debt collectors must:

• Disclose caller identification
• May contact your family to locate you
• Must serve you with notice of a lawsuit if suing you

Contact Pacific Debttoday so we can help you with your creditors. We'll help you understand all your debt solutions and find the right one for you.