FAQ's

Legaledge debt solutions

Questions?

LegalEdge provides you with information and expertise that will identify solutions to resolving your debt challenges and reduce the stress of living in debt. Bill Mitchell understands the challenges and has the expertise to identify the four workable debt relief solutions to resolve your debt issue. LegalEdge provides a financial assessment tool that identifies which one of the four debt relief solutions is best for you and why it is the best based on your financial situation. Once you have decided which debt relief options best suited for you, LegalEdge then provides you with resources and information to implement your choice and get you on the path to getting out of debt.

Debt Relief is the process of seeking assistance when a financial hardship has occurred and you are unable to continue to make the monthly payment on your bills, including your credit card accounts. The four debt relief options are bankruptcy, debt settlement, debt management (credit counseling) and loan consolidation. Debt Management and loan consideration are actually debt restructuring because the only relief is the reduced rate of interest charged and there is no actual reduction in the amount of debt owed or paid. There are two kinds of bankruptcy; Chapter 7 (liquidation) and Chapter 13 (reorganization). LegalEdge outlines the difference and why one is better for you than the other.

Zero. Legal Edge provides you with the information on the four debt relief options at no cost. LegalEdge allows you to access and use its proprietary financial assessment so you can learn which option is best for you at no cost. In order to use and access the financial assessment tool you will have to provide your name, email, and zip code. LegalEdge makes a fee from its affiliates.

LegalEdge understands the nature, qualifications, and suitability of each of the four debt relief options. The questions contained in the assessment are specifically designed to determine whether you are qualified for a particular debt relief option and whether that option satisfies your particular financial situation. Is it always 100% accurate? No. This is why for certain consumers we will recommend a primary option and a secondary option. For example, the assessment may recommend pursuing Chapter 7 bankruptcy. However, without having complete financial information for a consumer we don’t know if the consumer will qualify for Chapter 7 bankruptcy in the state that they live in. This is why the assessment would recommend a second option of debt settlement.

LegalEdge offers a Debt Settlement Guide for those individuals who decide they want to settle their credit card accounts on their own. Legal Edge makes available a lawyer or paralegal who have substantial expertise in debt relief to assist you in understanding your debt relief options, help you understand the financial assessment result, assist you in taking the next steps to resolve your debt challenges. However, there is no obligation to use these services.

Ready to change your future?

Start your journey to a debt-free life by receiving an unbiased explanation of your options, taking a no-cost assessment to find your solution, and getting access to resources, companies and tools to put your solution to work. Why wait?

1
Understand Your Options
Loan Consolidation, Credit Counseling, Debt Settlement, or Bankruptcy? We're here to help you figure that out.
2
Take our Personal Financial Assessment
Fill out our short survey. This information will help us find the right debt relief option for you!
3
Choose your best option
Access valuable resources, start saving money now, and begin implementing the recommended strategies.
Debt Relief Solutions
Financial Assessment
Debt Relief Solutions