Frequently Asked Questions About CuraDebt And Debt Relief Solutions_new

Frequently Asked Questions About CuraDebt And Debt Relief Solutions

Debt can feel overwhelming, but knowing your options and understanding the process is the first step toward relief. At CuraDebt, we’re committed to transparency and helping you make informed decisions. Below are answers to some of the most common questions about our services and how we can help you achieve financial freedom.

Please find the FAQs for tax debt, consumer debt and business debt below.

FAQ for Tax Debt Relief

What Types of Tax Debt Can Be Resolved?

CuraDebt can help resolve various tax debts, including:
  • Personal income taxes.
  • Payroll taxes.
  • Tax liens and levies.
  • Back taxes and penalties.
  • Innocent spouse issues.
  • Trust fund penalty.
  • Tax debts resulting from mistakes from a prior tax professional or tax firm.

What Cannot Be Resolved: CuraDebt does not handle non-negotiable tax obligations like court-ordered restitution payments or criminal tax issues.

What is Tax Debt Relief?
Tax debt relief includes negotiating payment plans, penalty abatements, offers in compromise, IRS Fresh Start resolutions, and more to resolve tax liabilities. Our tax professionals, including Enrolled Agents, work directly with the IRS or state agencies to find the best solution for your situation.

Can CuraDebt Help with Back Taxes?
Yes, we specialize in resolving back taxes, whether they result from missed filings, incorrect returns, or penalties. Our team can negotiate with the IRS or state tax authorities to reduce or resolve your liabilities.

What Happens If I Ignore My Tax Debt?
Ignoring tax debt can lead to severe consequences, including:

  • Wage garnishments.
  • Bank levies.
  • Liens on property.
  • Increased penalties and interest.

Can I Handle Tax Debt Relief Myself?
While it is possible to address tax debt independently, the complexity of IRS and state tax regulations often makes professional assistance more effective. CuraDebt’s tax experts can negotiate on your behalf, saving you time, stress, and potentially thousands of dollars.

Does CuraDebt Work with Businesses Facing Tax Debt?
Yes, we provide tailored tax relief solutions for businesses, including payroll tax issues, business tax penalties, and more.

FAQ For Consumer Debt Relief

What Types of Consumer Debt Can Be Included?

CuraDebt specializes in resolving unsecured debts such as:

  • Credit card debt.
  • Medical bills.
  • Personal loans.
  • Collections and charge-offs.
  • Other unsecured debts.
What Cannot Be Included: Secured debts like mortgages or car loans, and obligations like child support or alimony, cannot be settled.

How Does Debt Settlement Work? Debt settlement involves negotiating with creditors to accept a reduced amount as full repayment. Our experienced team manages negotiations to help you resolve debts efficiently and affordably. The goal of the settlement program is to negotiate the settlements based on the funds you are accumulating on a monthly basis to save you the most money the fastest.

Can I Negotiate with Creditors Myself? You can attempt to negotiate with creditors directly, but it requires time, persistence, and expertise. CuraDebt’s team has years of experience in securing favorable settlements, often achieving results individuals cannot match.

Will Debt Settlement Affect My Credit? Yes, debt settlement can impact your credit score in the short term. However, resolving your debt provides long-term benefits, such as improved financial stability and the ability to rebuild credit.

What Are the Alternatives to Debt Settlement? Alternatives include debt consolidation loans, debt management plans, and bankruptcy. CuraDebt can evaluate your situation to determine the best option.

What Are CuraDebt’s Fees? Our fees are performance-based and fully disclosed upfront. You only pay for results.

FAQ for Business Debt Relief

What Types of Business Debt Can Be Resolved?

CuraDebt handles various business debts, including:

  • Merchant cash advances (MCAs).
  • High-interest unsecured business loans.
  • Vendor and supplier debts.
What Cannot Be Resolved: CuraDebt does not address SBA, loans secured by vehicles or property, or equipment leases secured by the equipment.

How Does Business Debt Relief Work? Our process includes:

  • Analyzing your financial situation.
  • Negotiating with creditors to restructure or settle debts.
  • Helping improve cash flow and operational stability.

Can I Resolve Business Debt Myself? While it is possible, resolving business debt independently can be challenging. Negotiating with multiple creditors and managing cash flow requires expertise. CuraDebt’s business specialists provide strategic guidance to achieve the best results.

Can CuraDebt Help If My Business Is Facing Legal Action? Yes, we can assist in managing creditor negotiations even if legal proceedings have begun. In some cases, we may connect you with our network of business attorneys for additional support.

What Happens After Resolving Business Debt? Businesses typically experience improved cash flow, reduced stress, and the ability to focus on growth instead of financial survival.

Our Approach: Comprehensive and Client-Focused

Is CuraDebt BSI Certified? Yes, CuraDebt is BSI certified, ensuring the highest standards of service and security for our clients.

Is CuraDebt Licensed and Bonded? Absolutely. CuraDebt is licensed and bonded, providing you with peace of mind knowing you are working with a compliant and trustworthy organization.

Why CuraDebt Stands Out
CuraDebt stands out as a leader in debt relief due to:
  • Holistic Approach: Addressing all types of debt, including tax, consumer, and business-related issues.
  • Expanded Network: Collaborations with attorneys, Enrolled Agents, and business debt specialists for comprehensive solutions.
  • Client-Focused: Genuine care and integrity drive every client interaction.
Testimonials: Real Stories from Real Clients

Tax Debt Relief

  • “CuraDebt negotiated my IRS debt down significantly. They were professional, empathetic, and efficient. I felt like a huge weight was lifted.” — Google Review
  • “I tried dealing with the IRS myself and got nowhere. CuraDebt handled everything and saved me thousands.” — Yelp Review
  • “They helped me with an Offer in Compromise I didn’t think I would qualify for. Highly recommend!” — Shopper Approved

Consumer Debt Relief

  • “Thanks to CuraDebt, I resolved $30,000 in credit card debt. The team was always there to answer my questions and guide me through the process.” — Customer Lobby
  • “I was drowning in medical bills. CuraDebt negotiated with my creditors and gave me a fresh start.” — TrustPilot Review
  • “The process was seamless, and I was able to pay off my debts in under three years. I can finally sleep at night.” — Google Review

Business Debt Relief

  • “My small business was collapsing under MCA loans. CuraDebt renegotiated our terms, and we’re now back on track.” — BBB Review
  • “CuraDebt’s team saved my business from bankruptcy. They handled my creditors while I focused on running the company.” — Yelp Review
  • “I thought my business would have to close. CuraDebt’s business debt specialists were lifesavers.” — Google Review
Get Started Today

Have more questions? Ready to take the first step? Contact CuraDebt for a free consultation and personalized advice. Let us help you find the best path to financial freedom.