AT YOUR SERVICE

Any form of debt not involving collateral against it is unsecured. The majority of credit cards are unsecured in addition to general loans, payday loans, and lines of credit. Secured debt usually involves a mortgage or a car loan. Occasionally a line of credit could be secured against a home (known as a home equity line of credit). In regards to secured debts we usually do not get involved, unless you do not want to keep the asset the debt is secured against.

The amount it costs you to become debt-free is dependent on a number of factors including your credit balances, your ability to contribute monthly escrow payments into your debt resolution program, the amount that can be negotiated from your balance & how quickly it is negotiated, and what fees your debt settlement firm charges you to negotiate the settlement.

No. When you talk with us we ensure that everything is 100% confidential and free of charge. Unless you mention it to someone, nobody will ever know that you spoke with Xdebts Debt Solutions for an information consultation.

In order to get started with our process we will need for you to provide us:

• Two Pieces of ID
• Notice of Assessment

We also reccomend you provide at least one of the following but it is not required:

• Collection Letter(s)
• Loan Statements
• Latest Paystub
• Pre-Authorized Debit Form
  
  

Following an introductory consultation call, we will send over necessary documents you will need to sign.

Once completed, you can expect for the debt consolidation proceedings to begin.

• My wages are being garnished to pay for my outstanding debts.
• I am afraid to answer the phone because it may be a debt collector calling.
• My creditors are threatening to sue me, repossess my personal property or hire a collection agency to recover their money.
• I have been borrowing money for household expenses from friends and family to make it from one pay cheque to the next.
• I am paying one creditor one month and another one the next because I don’t have enough money to pay them both.
• My financial problems are affecting my health, my job and / or my marriage.
• I am going over my spending limit or using credit cards as a necessity, instead of a convenience.
• I am only making the minimum payment on my credit card balances.
• I have been receiving second notices about overdue accounts.
• At least one utility company cut off service because of my outstanding bills.
• I spend 20% or more of my take-home pay on loans and credit card debt payments.
• I am paying overly high interest or service charges because I don’t pay my bills on time.
• I am renegotiating loans to cut monthly costs or looking for a debt consolidation loan to pay off old bills and a few new ones.
• I’ve taken out one or more payday loans.