*Disclaimer: ClearOne Advantage, LLC (“COA”), is a debt settlement company; not a credit repair or consumer credit counseling company. COA doesn’t provide investment, tax or legal advice. COA does not provide services or assistance repairing, modifying, improving, or correcting credit entries or credit reporting. COA does not assume or pay any debts, receive, hold or control funds belonging to consumers. COA’s debt settlement program is not available in all states. Individual results vary and are dependent on factors such as successful completion of program, creditor cooperation, and ability to save funds. Read and understand all contract terms and program disclosures before enrolling. Not all clients successfully complete the debt settlement program. C.P.D. Reg. No. T.S. 12-03822.
ClearOne Advantage, LLC is registered with the DFPI under the CCFPL. Registration Number: 01-CCFPL-1269219-3478532.
**Disclaimer - We do not charge upfront fees and you do NOT pay our fee until a settlement has been arranged, you approve the settlement, and at least one payment is made towards the settlement. As each situation is unique, fees and costs vary. Please contact us at 888-340-4697 for a free debt analysis and for complete program details.
***Disclaimer: Debt resolution is not a loan, is not credit counseling, and is not a credit repair program. We cannot guarantee that your creditors will agree to resolve your debts, resolve your debts for a specific amount, or resolve your debts within a certain time.
- Debt resolution is suitable only for persons who are in financial distress and unable to pay or continue to pay their minimum monthly payments without hardship.
- The use of a debt resolution program will adversely affect your creditworthiness, as creditors report the status of your enrolled debts to credit bureaus.
- Your creditors may subject you to collections or lawsuits, charge you fees, assess penalties, and raise your rates for not making payments on your enrolled debts.
- Your success depends on your ability to make regular deposits into an FDIC-insured dedicated account administered by a payment processor. If you cannot make these deposits, you should consider alternatives to address your financial hardship, including bankruptcy.
- You own and control the dedicated account. Funds in this account will only be used to pay settlements to your creditors, fees to the payment processor, and fees to us for debt resolution services provided.
- We will not earn and will not be paid our fee for settling a debt until we obtain a settlement agreement from a creditor, you approve that agreement, and a payment is made on that settlement.
- You may withdraw from the debt resolution program at any time without penalty. If you withdraw, you are entitled to funds remaining in the dedicated account, less any fees earned by us or the payment processor that have not yet been paid.
- Your creditors may report settlement savings of $600 or more to the IRS. You should consult a tax advisor to determine whether to report these savings as taxable income.