Find Debt Relief Near You

Get Debt Relief in Your State Today

Are you feeling overwhelmed with all of your credit card bills? Are they piling up month after month, making it impossible for you to get ahead? Thankfully, there may be a way out, and you don’t need another loan for it.

As the fastest-growing debt relief company in the nation, TurboDebt® tailors its services to fit your needs. By working closely with you to understand your financial situation and struggles, we provide an affordable solution that works for you.

With over $15 billion in settled debt and more than 500,000 Americans enrolled, many clients have already settled what they owe for less and shaved years off their payments.

Checking if you qualify does NOT affect your credit score, so why not see if you qualify today? Imagine what you could do with the money saved — whether that’s paying down your mortgage, building wealth, or finally taking a much-needed vacation.

Areas Served by TurboDebt®

Finding trustworthy debt relief is easier than most people think. TurboDebt® is a certified debt relief agency serving nearly every state, as well as the following territories:

• Puerto Rico
• U.S. Virgin Islands
• Guam

With over 20,000 five-star reviews across Trustpilot and Google, we've proven ourselves as a trusted partner for consumers struggling with unsecured debt in the U.S. In the past year, our team helped over 66,000 clients in almost every state and territory find solutions for outstanding balances.

Customers enrolled an average of $23,228 to pay off what they owed on credit cards, medical bills, loans, and other unsecured debts. This amounted to over $1.5 billion in total debt enrolled.

Our programs saved customers an average of 54% before fees, helping individuals across the country pay off debt at a lower cost.

TurboDebt® Provides Debt Relief Help in Your State

What Is Debt Relief?

Debt relief is the process of paying off your outstanding debts with the help of a qualified agency. It offers multiple solutions to the same problem, using different approaches to minimize and eliminate your debt based on your unique financial situation.

For outstanding balances that appear too large to handle, these programs can provide a realistic way forward. Through specific planning and counseling, you can start to regain your financial footing.

Our programs help clients with thousands of dollars in debt work towards a debt-free life through affordable and timely methods, saving you money in the process of paying off what you owe.

Why You Should Seek Debt Relief

The average American carried over $60,000 in consumer debt in 2023. Total consumer debt includes mortgages, student loans, medical bills, auto loans, personal loans, and credit card balances.

Paying off all this secured and unsecured debt is even more challenging in an inflationary economy with rising interest rates and soaring prices for basic commodities.

Working with a local debt relief company can help save you from outcomes like foreclosure or bankruptcy and get you back on track to start saving again.

How To Identify and Assess Your Debts

To understand your debts, look at your statements from outstanding accounts. Identify the total amount you owe in principal plus any interest fees accrued each month. Keep a paper or digital file with statements from the past year to track your payments and balances.

The next step to understanding your debt is to calculate your debt-to-income ratio (DTI). Creditors, lenders, and debt relief organizations use this figure to determine your ability to pay off a debt. Your total DTI should be less than 36% to match what most lenders look for when deciding to loan funds.

Finding your DTI involves calculating what you owe each month for expenses like credit card bills, mortgages, and car payments. Next, determine your gross monthly income—what you earn before taxes each month.

Here’s a formula to calculate your DTI:

Let’s look at a sample DTI calculation:

$2,500 (total monthly debts) Divided by $4,000 (gross monthly income) x 100 = a 62.5% Debt-to-Income Ratio

If your DTI is as high as 62%, that’s a clear indication that it’s time to think about getting help with your debt.

Types of Debt to Get Relief From in Your State

The following types of debt are the most common reasons for enrolling in our program:

Credit Card Debt

Total household debt in the U.S. topped $17 trillion in Quarter 3 of 2024 (PDF), and this figure continues to trend upward. The average American owed $3,950 in credit card debt, following a consistent increase of nearly $1,000 since 2020.

With essential items costing more in the wake of an inflationary economy, it’s easier to let outstanding balances spiral out of control. Even paying the minimum towards your balance each month isn’t a guarantee to keep you out of debt, as high-interest rates make it harder to pay down your principal.

Medical Debt

Roughly 20% of Americans carry medical debt, and in 2021, more than half of all accounts in collections were tied to unpaid medical bills. When insurance gaps and high out-of-pocket costs stack up, it can quickly turn necessary care into long-term financial stress.

Student Loan Debt

Student loan debt is one of the most common and expensive types of consumer debt, often lasting for years after graduation. If you fall behind or default, it can hurt your credit score and make it harder to qualify for other types of credit in the future.

Veteran Debt

Many veterans and military families face unique financial pressures, including changes in income after service, unexpected medical expenses, or increased housing costs. Moreover, issues like VA overpayment notices or debts linked to compensation, education, or pension benefits can add even more strain to the budget.

Initiatives designed to assist veterans dealing with overwhelming debt burdens focus on helping them explore options to lower payments and build a more secure financial future.

Divorce Debt

Divorce can upend your finances, especially when joint accounts and shared debts are split between both spouses. Legal fees alone can reach at least $10,000 in many states, leaving you with higher balances and less cash flow to keep up with monthly payments.

Business Debt

Small business owners commonly carry $25,000 or more in outstanding business debts. When cash flow is tight, many rely on personal savings or family support, which can blur the line between business and personal finances and put both at risk.

Retirement Debt

Living on a fixed income makes it more challenging to absorb unexpected costs, like medical procedures or auto repairs. Where you live can also impact your retirement debt, with states like Hawaii, California, and New York ranking among the most expensive due to high living expenses.

Personal Loan Debt

Personal loans are often used to cover emergencies, medical bills, home repairs, or to consolidate other debts. If your income drops or your expenses climb, the fixed monthly payments on one or more personal loans can quickly become difficult to keep up with.

Top Debt Relief Options Available Across the U.S.

Consider the following best solutions to start managing your debt if you’ve maxed out your credit cards, are dealing with debt collection, or are feeling stuck making your minimum payments.

Debt Settlement

One option for tackling high unsecured balances is to pursue debt resolution by negotiating a settlement with your creditors. In this approach, you or a debt settlement company work with your credit card company or other bill collectors to reduce the total amount you owe.

Accredited organizations like TurboDebt® can often negotiate to reduce what you owe by half (before fees), saving you money and helping you tackle debt faster than any other option.

For example, if you owe $20,000 in medical bills, a debt settlement organization may negotiate a reduced total of $10,000 and help you set up a savings account to fund the settlement through monthly payments. You’ll typically pay a small fee to the agency for maintaining this account and processing payments.

Debt Consolidation

Another way to reduce and eliminate your debt is through debt consolidation. This is an option to explore if you owe money on multiple accounts with high-interest rates.

To start the process, you’ll take out a debt consolidation loan worth enough to pay off all your debts at once. After eliminating multiple outstanding balances, you’re left with a single monthly payment on the loan, often at a much lower interest rate.

Credit Counseling

Credit counseling services focus on providing you with strategies to overcome debt and make smart choices about your money management. Some financial counseling programs may involve entering into a debt management plan (DMP) to repay debt collectors or ensure you stick to your repayment plan.

The agency typically assigns you a certified credit counselor who works with you for the duration of your program. Both private and non-profit debt counseling agencies offer services, so look for one that meets your specific financial goals if you take this route.

If you’re having trouble finding a service, you may also search for a debt management program, which is usually run by a consumer credit counseling agency.

Bankruptcy

Because it can negatively impact your credit for up to ten years, choosing bankruptcy is often the last resort for a debt relief solution when you build up staggering amounts of debt.

Individuals file for Chapter 7 or Chapter 13 bankruptcy, using the court system to help determine which debts they can pay after selling off assets or reorganizing their payment structure.

A judge may decide you can only pay so much of your debt, reducing or even eliminating portions of your outstanding balances. However, you may also be required to pay a specific amount each month to your creditors after liquidating your assets.

Choosing the Right Debt Relief Option Near You

When you’re ready to seek help, keep these helpful tips in mind:

What Should You Look for in a Debt Relief Company?

Legitimate debt relief companies are typically well-reviewed or accredited and offer clear information about their services and fees.

Check the company's website for information about their programs and resources for managing debt. Look for reviews from reliable sources and read testimonies from clients who have successfully eliminated their debt.

Ask questions like these to understand more about the company and the debt relief process:

• Are you an accredited business?
• What fees are associated with using your services?
• What kind of debt do you manage?
• How will this plan impact my credit in the future?

Factors to Consider When Choosing a Debt Relief Option

Enrolling in a program typically means committing to a set monthly payment toward your total outstanding balance. Choosing a debt relief option that serves your state can help you start reducing your debt almost immediately.

Look at your debt-to-income ratio. Do you realistically have enough income to put toward payments? How much are you already paying toward your debts? Many debt solutions actually reduce the total amount you pay. TurboDebt® saved our clients an average of 54% of their total debt enrolled before fees.

Look for expenses you can trim to put more toward payments. If your budget is tight, a side hustle or part-time job can help you free up extra cash and keep more of your income long term. Simple lifestyle changes can help eliminate debt and increase your income.

How to Choose the Best Debt Relief Option

Follow these steps to ensure you’re choosing a reputable debt relief option in your state:

1. Understand Your Debt
   First, determine exactly how much you owe and calculate your debt-to-income ratio. Then identify which costs you can reduce or eliminate to free up money for repayment.
2. Assess Your Options
   Check out the relief options available in your area. Visit the organization’s website and read about their services to find the types of debt relief solutions they offer.
3. Read Reviews
   Look for reviews and testimonials from a trusted online source to ensure you’re avoiding a scam.
4. Check Their Accreditation
   If you can’t find this on the company website, try looking them up through the Better Business Bureau (BBB) in the state where they’re located.
5. Speak to a Representative and Ask Questions
   Ask about the organization and its debt relief programs, ensuring responses align with their website and clearly describe the resolution process.
6. Review Your Contract Carefully
   Before signing a contract, read each part carefully. Check payment details, cancellation policy, and refund options if you leave the program.

How To Evaluate the Effectiveness of a Debt Relief Program

An effective debt relief program should help you start paying down your debt within a clear timeline after you start with the organization.

For example, if you choose to settle your debt, a debt settlement company may arrange for you to pay into a savings account instead of paying your credit card company. Make sure you have a clear understanding of how long you’ll put money into savings before the agency starts to pay your settlement to the creditor.

Verify that the amount you’re paying toward your program aligns with your monthly expenses. The organization should help you determine the best way to structure your payments based on your DTI. Look for statements that show your progress toward paying off your debt.

How To Find Debt Relief Services Near You

You can search for debt relief services in your area in a few different ways:

• Use a search engine to find “debt relief in (enter state here)” or “debt relief near me.”
• Use an online directory from the government.
• Find reviews for debt relief organizations and search company websites to find areas they service.

Brad Reichert, founder and managing director of Reichert Asset Management LLC, offers some advice about finding the right financial service. “Look for an organization that offers personalized assistance and tailors its approach to your specific financial circumstances,” Reichert notes. “Avoid those that provide generic solutions without considering your individual needs.”

Find Debt Relief with Help from TurboDebt®

At TurboDebt®, we’re dedicated to helping individuals get out of debt, and we take great pride in building trust with our clients through open communication, honesty, integrity, exceptional customer service, and a commitment to their success.

TurboDebt offers programs in most states and U.S. territories, and our services have helped thousands of customers find debt relief near them. We’ve helped over 80,000 clients in 2024 alone.

Together, we’ll examine your financial picture to understand the challenges you face in finding financial security. Next, we’ll help you strategize the best plan to become debt-free in the shortest amount of time. Our team is here to support you every step of the way!

It's time to reset your finances. It only takes a few minutes to speak with one of our agents during your free consultation. Take advantage of the services offered by TurboDebt and start your journey toward a life free of debt!