Business Details
27 Years
experience
Your Trusted Debt Relief Partner Since 1999
New Era Debt Solutions has been a trusted leader in debt relief services since 1999, helping individuals and families achieve financial freedom through ethical and effective debt settlement programs. Our team of debt relief specialists, financial experts, and attorneys has successfully settled over $275 million in debt for clients nationwide. As a BBB-accredited business with an A+ rating since 2001, we prioritize transparency, client education, and performance-based fees that align with our clients' success. Our proprietary debt settlement process delivers an average 57.13% reduction in debt balances while maintaining strict compliance with federal regulations. We serve clients across 46 states through a combination of expert negotiation strategies and personalized support.Our commitment to industry standards is demonstrated through membership in the International Association of Professional Debt Arbitrators. With a proven track record of client success and a 18.28% dropout rate significantly below industry averages, we provide a structured path to debt freedom that typically takes 2-3 years to complete. Our clients benefit from comprehensive education on debt management and protection under the Fair Debt Collection Practices Act. We maintain full transparency about potential impacts on credit scores and work collaboratively with clients to develop sustainable financial habits.
Services
Debt Settlement
Credit Card Relief
Debt Negotiation
Debt Management
Debt Consolidation
Details
- Year established: 1999
Highlights and features
- Performance-based fees charged only after successful debt settlement
- BBB A+ rated since 2001 with proven industry leadership
- Average 57.13% debt reduction through expert negotiations
- Serves clients in 46 states with state-specific compliance
- 18.28% client dropout rate significantly below industry average
Associations and certifications
- Better Business Bureau (BBB)
- International Association of Professional Debt Arbitrators
What people say
Dramatic debt reduction
No upfront fees
Supportive counselors
Successful settlements
Financial education
Services
Debt Settlement
Debt settlement services negotiate reduced balances with creditors through performance-based agreements. Our specialists work directly with financial institutions to achieve average reductions of 57.13% on enrolled debt balances. This service suits individuals seeking alternatives to bankruptcy with unsecured debts exceeding $10,000.
Credit Card Relief
Credit card debt relief programs target high-interest unsecured balances through strategic negotiations. Our team secures settlements averaging 42.87% of original balances while providing clients with financial education to prevent future debt cycles. This service excludes secured debts and focuses on major credit card issuers.
Debt Negotiation
Professional debt negotiation services mediate between debtors and creditors to reduce principal balances. Our process requires clients to build settlement funds in escrow accounts before initiating negotiations. Success depends on creditor willingness to accept lump-sum payments for reduced balances.
Debt Management
Debt management programs combine budget counseling with structured payment plans. Clients receive education on debt avoidance while making single monthly payments toward enrolled accounts. This service works best for clients with stable income and moderate debt levels.
Debt Consolidation
Debt consolidation services combine multiple balances into single monthly payments through refinancing options. Our advisors evaluate balance transfer cards, personal loans, and home equity options to create manageable repayment timelines. This service requires good credit for optimal terms.
Questions
What is debt settlement?
Debt settlement negotiates reduced balances with creditors through lump-sum payments. This differs from debt consolidation by reducing principal amounts rather than restructuring payments.
How does New Era charge fees?
We use performance-based fees charged only after successful settlements. No upfront or monthly administrative fees apply to our debt relief programs.
Will creditors accept settlements?
While not guaranteed, our 42.87% average settlement rate shows most creditors prefer partial payments over potential bankruptcy losses.
How long does the process take?
Most clients complete programs in 27.73 months, with 2-3 years being typical for successful debt resolution through our structured payment plans.
What debts qualify?
Unsecured debts like credit cards, medical bills, and personal loans qualify. Secured debts, student loans, and tax obligations typically don't qualify for settlement programs.
How does settlement affect credit?
Settled accounts appear on credit reports for seven years, though many clients begin rebuilding credit within 12-18 months through responsible financial habits.
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