How much does your service cost?

Every debt case is different. Our fees are assessed based upon a specific percentage of your debt that we save you. In other words, you only pay us a small percentage of what you are already legally obligated to pay to your creditors.

Does this service damage my credit rating?

In most cases,  you will incur some form of derogatory entries on your credit report. However, this is unavoidable and the outcome for clearing up debts and avoiding bankruptcy.

How long does this process take?

This depends upon several factors such as your availability to procure settlement funds to pay to your creditors , how many creditors you have, your income/asset picture and a few other factors. Typically the program will last 12-48 months in length depending upon circumstances.

Can you stop the accruing interest?

Only your original creditor has this inherent capability. However, all of our settlement payment plans are 0% interest. So if you must pay your creditors on a payment plan then you will pay no interest.

Can I be sued by my creditors?

We cannot guarantee the actions of your creditors. However, the sooner you engage our services the sooner we can try to prevent a lawsuit from being filed via negotiation.

Should I file for bankruptcy?

There are many variables to each  individual case.  There are pros and cons for debt settlement vs bankruptcy.   You should consult with bankruptcy counsel in order determine if filing for bankruptcy is the better option for you.

Do you offer bankruptcy services?

No, the Omega Debt Relief program is an alternative to filing for bankruptcy.  However, we work closely with local bankruptcy counsel and can refer you to a highly skilled bankruptcy lawyer.

Does bankruptcy damage my credit worse than settling a debt for less than what I owe?

Bankruptcy is a public record and may last up to 10 years on a personal credit report. Alternatively, it takes 7 years for a derogatory entry to fall off of your personal credit report.

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Getting Started
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Discovery    

Our experienced team will meet with you to understand your circumstances and  determine the best approach for your unique situation including but not limited to settling credit card debt or simply ask us to settle my credit card debt and we will do the rest!

How it Works
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Negotiation

After the discovery phase, our team of professionals negotiate on your behalf with an agreed upon list of creditors.   Our team does all of the outreach and follow up so you don't have to.  We don't stop negotiating until a settlement agreement is reached.

Through our experienced negotiation teams,  we only obtain settlements with creditors that  are interest free.

Interest on the original debts will still accrue but we help you determine how you will pay the creditors.  Whether in lump sums or in monthly installments, our team will guide you and help determine the best plan for your resources and individual circumstance..

The length of the debt settlement process depends upon your ability to pay off the negotiated settlement with each creditor.

Cost
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Fees

There are NO UPFRONT FEES

Our fees are only charged after settlement and are assessed based upon a percentage of the debt that we save you. In other words, you only pay us a small percentage of what you are already legally obligated to pay to your creditors.

In all cases  our company charges no up-front fees.

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