Last Updated: October 12, 2023
When doing a Google search for Debt Relief San Diego, consumers will notice that the first page of results is dominated by bankruptcy attorneys.
It seems that bankruptcy and debt are big business in San Diego, however, as a consumer, you should be aware that if you are struggling to keep up with your bills, bankruptcy is not the only option.
Many consumers are not aware that debt settlement is often a great alternative to debt consolidation and bankruptcy. Pacific Debt, Inc., now known as Pacific Debt Relief, is a national debt relief company located in San Diego.
Depending on your specific financial situation there are several debt relief options, including Pacific Debt, that consumers can explore if they are struggling to make ends meet. When it comes to unsecured credit card debt and personal loans, the 3 most common options for consumers other than bankruptcy are:
If you have good or excellent credit scores and can secure a loan at a lower interest rate than you are currently paying, this may be an option to look at. Most consumers associate this option with home equity lines of credit.
If you are unable to get a loan for a lower rate and are currently paying average interests rates above 13% to 15% than a credit counseling program is an option to consider. There are many local and national credit counseling programs that you can contact for a free consultation to see if their payment plan will be low enough to give you the cash flow relief you are in need of.
Debt settlement is an option to consider if the payments on option 1 or 2 will be to high for you to consistently pay, and bankruptcy is not a good option either. With a debt settlement approach, you or a professional debt settlement company, like Pacific Debt, will negotiate with your creditors to reduce the amount of overall enrolled debt that you owe, allowing you to get out of debt faster than if you had to pay back the entire amount.
A debt settlement strategy is not a great solution to all your debt problems. Debt settlement with a company like Pacific Debt is worth exploring if your situation meets some of the following criteria.
If you are struggling to keep up on your debt payments to your creditors, or foresee a time in the near future that you will be, and answered yes to at least one of these statements than exploring the possibility of settling your debts would be a worthwhile investment of your time.
Since 2002, Pacific Debt has offered great debt settlement strategies to locals with consumer debt as an ethical and honest debt relief alternative to bankruptcy. We don't believe in one size fits all debt solutions and design specific strategies to best fit our clients' needs. Pacific Debt has settled over $300 million in debt since 2002. If you are eligible for our debt relief solution and follow through with the requirements, you can expect to be debt free within two to four years.
To find out if a Pacific Debt debt settlement strategy may be the answer for you, contact us to set up a free consultation with one of our certified debt specialists. A debt specialist can assist you over the phone, or if you live in the area, feel free to schedule an appointment to come in and speak with us. Eliminate debt with Pacific Debt!
If you live outside our city, check out our California debt relief page for more information about our Pacific Debt program.
We are located at
750 B St. Suite 1700,
San Diego, CA 92101
Get Directions to our Downtown San Diego Office.
If you are interested in the Pacific Debt enrollment process and the Pacific Debt negotiation services, you must meet the following criteria:
Pacific Debt does not provide relief for loan products like home loans. Call for a free consultation about your unsecured debt!
When you enroll in Pacific Debt, you immediately stop paying all enrolled debts - even the minimum amounts! This convinces the creditors that you are serious. If you have any doubts, read our customer reviews to see what people say about us. You can also take a look at our Google reviews.
We then begin negotiating with your unsecured debt creditors to lower interest and total debt. You make regular payments, based on your budget, to a dedicated savings account. After you build up enough savings, Pacific Debt pays off each creditor.
Pacific Debt Relief does not charge upfront fees! Clients pay a fee of 15-25% of the total debt enrolled as we achieve results.
During your time with Pacific Debt, you will receive personal attention from your personal account manager and certified debt specialist. In fact, Pacific Debt Relief's customer service is legend and our debt specialists are regularly named as Number One for Customer Service.
Pacific Debt is an accredited debt settlement company. We are accredited by:
Like all debt relief companies, Pacific Debt Relief is under the oversight of the Federal Trade Commission. Pacific Debt has settled over $300 million in debt since 2002.
There are some serious drawbacks to debt settlement. Because you may have to stop paying bills to convince creditors or debt collectors that you are serious, your credit report can take some damage.
Debt settlement comes with tax debt as the IRS sees debt forgiveness as income. To avoid too much of an effect from debt forgiveness, speak with a qualified tax advisor.
"Pacific Debt will be the company to get my debt resolved once and for all. I had $17k in credit card debt from a previous failed business. They negotiated multiple settlements with my creditors until the accounts were closed. I no longer have this burden hanging over me." - John S.
"Pacific Debt assisted me in saving money by setting up a much-needed program. Between medical bills and credit cards, I had accumulated over $50k in unsecured debt. They worked with me to settle my accounts for a fraction of what I owed. This program was a lifesaver." - James M.
"Their customer service is just awesome. They treat you like family. I was so lost on how to handle my debt but my debt specialist walked me through every step of the process. I always got fast responses to any questions I had." - Theresa R.
"Amazing program! Excited about being 100% debt-free. I had nearly $20k in credit card balances that were financially crippling. Pacific Debt Relief negotiated multiple settlements with my creditors for a fraction of what I owed. I'm debt-free thanks to them!" - Shawn P.
"Thankful to Pacific Debt for doing such a phenomenal job. They took all $15k of my debt and negotiated multiple settlements with my creditors. It's such a relief having this burden lifted off me." - Denise W.
Our fees are 15-25% of the debt amount we settle for you, and nothing is due upfront. We only collect fees as debt is settled.
Your credit score will likely drop initially when you stop making payments, but it will start to improve over time as debts are settled.
Most of our clients become debt-free in 24-48 months. The process moves faster the more you can save.
Yes, we send cease and desist letters to creditors to stop calls. We handle communications.
The forgiven debt may be taxed as income. Consult a tax expert about any tax implications.
We settle credit cards, medical bills, personal loans, payday loans, and other unsecured debt.
Creditors expect to settle for less than full balances. It's a standard practice.
750 B Street Suite 1700
San Diego, CA 92101
Mon-Thurs: 6am - 7pm PST
Friday: 6am - 4:30pm PST
Saturday: 7:30am - 4:30pm PST
Phone: (877) 722-3328
Fax: (619) 238-6709
Email: cs@pacificdebt.com
Phone: (833) 865-2028
Fax: (619) 238-6709
Email: inquiries@pacificdebt.com
© 2024 Pacific Debt Inc. dba Pacific Debt Relief, all rights reserved.
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*We do not discriminate on the basis of race, color, religion, sex, marital status, national origin or ancestry.
*Please note that all calls with the company may be recorded or monitored for quality assurance and training purposes.
*Your visit to our website may be monitored and recorded from essential 3rd party scripts.
*Clients who make all their monthly program deposits pay approximately 50% of their enrolled balance before fees, or 65% to 85% including fees, over 24 to 48 months (some programs lengths can go higher). Not all clients are able to complete our program for various reasons, including their ability to save sufficient funds. Our estimates are based on prior results, which will vary depending on your specific circumstances. We do not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. We do not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Pacific Debt is not a credit repair firm nor do we offer credit repair services. Our service is not available in all states and our fees may vary from state to state. Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. Read and understand all program materials prior to enrollment. The use of debt settlement services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. However, negotiated settlements we obtain on your behalf resolve the entire account, including all accrued fees and interest. C.P.D. Reg. No. T.S. 12-03825.