Nick was tremendously helpful in explaining every detail. He was able to quickly gain my trust with his expertise. I really appreciate his patience and the time he took to educate me with the process. I feel I’m in good hands. Thank you Nick
I have only started my process with Pacific Debt. Ray was patiently on the phone with me for over 2 hours. That is commitment!! He was pleasant and informative about the program. If this how the program will be throughout my process I can see why their ratings are so high. I will review again once I’ve been enrolled for a while. Thank you Ray!!!!
Pacific Debt had really great reviews when I looked them up online and my friend said that they really helped her. I just got started with their program. They’re very detailed, easy to talk to and are really there to help. They explained to me the way everything would run. They’re gonna pay off my debt, and I’m gonna be paying them a certain amount every month of taking care of it in the long run. Also, they call me every now and then to check up on me and they’re always on top of things whether through the phone or email. Everything that they’re doing is ace.
I work in insurance and my pay fluctuates each month, I’m not on a strict salary so my monthly income varies month to month. As a result it is difficult to manage my situation because I don’t know exactly how much is coming in month to month… Read Case Study
Location: San Diego, California
I recently went through a divorce, We sold our home and I would like to use the funds to get my debts resolved once and for all. I’m very thankful for the guys over at Pacific Debt. They really do care about your situation! Read Case Study
Based in California, we are a debt relief company located in San Diego. However, we operate on a national level providing debt relief to thousands of California residents, as well as throughout the United States.
San Diego California Debt Help
Pacific Debt California Office Address:
Pacific Debt Inc. 750 B Street Suite 1700 San Diego, CA 92101
California has been a go-to destination for centuries. From beaches to deserts to snow-covered mountains, California has something for everyone. As a result, California is ranked #1 for population and #13 for population density.
As of 2017, over 39 million people called California home. Los Angeles is the second largest city in the US and two other cities (San Diego and San Jose) are in the top ten largest US cities.
California Median State Income
The median state income is $67,739. As of 2018, the minimum wage is $11 per hour. That may seem like a lot of money to some people, but in reality, it doesn’t go very far in California. In fact, 18.6% of Californian children under 18 live in poverty. For residents overall, 14.3% of all people in California live under the poverty level.
Median state income: $67,739
Minimum wage: $11/hour
Children in poverty: 18.6%
People in poverty: 14.3%
Just over half (54.1%) for Californians hold a mortgage. However, the median home price in California topped $600,000 (2018) for the first time. That means that half of available homes are over $600,000, making a home in California an expensive proposition.
California has recovered from the depression and the current unemployment rate is 4.3%. However, the underemployment rate is 11.3%. Underemployment is the percentage of civilian workers who are unemployed, employed part-time or are not seeking employment.
If this is you, we can help. Pacific Debt offers debt solutions tailored to your unique situation and budget. Our certified counselors will help you work up a budget, and explain how our California debt relief program works.
Unemployment: 4.3% (2018)
Underemployment: 11.3% (2017)
California Debt Relief Statistics
Californians carry a lot of debt. The average credit card debt is $8,971 (2017). The average medical debt per person is under $4,000. The average student loan debt is lower than the US average but is $28,950. When you add all that debt on top of the cost of homes (rental or owned), versus the median income, it is very easy for Californians to get into debt. The Pacific Debt California debt relief program plays an important role in helping people consolidate and settle their debt. Call us today to find out more information about your ca debt consolidation options.
Avg California credit card debt: $8,971 (2017)
Avg California medical debt per person: >$4,000 (2016)
Avg California mortgage debt: $334,925 (2016)
Avg California student loan debt: $28,950 (2016)
California California CA Statute of Limitations
California’s statute of limitations lays out maximum time periods that debt collectors can take action against a delinquent debt. These statutes of limitations begin on the date that your debt goes delinquent.
For the California debt statute of limitations, the following statutes are for different types of debt.
Oral agreements: 2 years
Written contracts: 4 years
Promissory notes: 4 years
The statute of limitations on credit card debt in California and other revolving loans is: 4 years
California Debt Relief and Debt Consolidation
If you have more debt than you can pay off, Pacific Debt can help you consolidate your debt with our California debt relief program. Since 2002, we’ve settled over $200 million in debt for thousands of clients. We are a nationally top-ranked debt relief company located in San Diego, California.
We will help you work through our proven and comprehensive debt relief program. Your certified debt relief counselor will review all your options. If debt settlement is right for you, we move forward with our California debt consolidation program and work to save you money. Pacific Debt can help with most unsecured debt like credit cards, personal loans, medical bills, and repossessions.
It is not an easy process and it won’t happen overnight, but you can do it. Pacific Debt will be there every step of the way to help.
Californians are protected against unscrupulous debt collectors. The federal Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using abusive or harassing bill collection practices. In addition, the California Fair Debt Collection Practices Act (CFDCPA) add protections against more types of collectors and actions. If you are a victim of any of these actions, you may take legal action against them.
Overall, debt collectors can NOT:
Charges more than 10% interest
Garnish more than 25% of wages
Use/threaten physical force or criminal tactics to harm you, your property, or your reputation
Accusing you of committing a crime for not paying the debt
Make/threaten to make defamatory statements to someone else
Threaten arrest, to seize assets, or garnish wages, unless actually planning to take such action
Use obscene or profane language
Cause you to spend money you wouldn’t otherwise have spent (ie long-distance telephone calls)
Call you repeatedly or let your phone ring repeatedly
Contact your employer, except to verify employment or health insurance status, garnish wages or locate you
Reveal information about debt to anyone except your spouse or your parents if a minor.
Publicly publish your name for failing to pay
Send a postcard or letter with revealing information on the envelope
Claim to be someone other than a debt collector, including a governmental official
Use stationary that appears to be from a law firm
Charge you collection or attorney’s fees unless legally allowable
Threaten to report you to a credit reporting agency if they have no intention of doing so
Send a letter claiming to come from a claim, credit, audit, or legal department unless it actually is
Debt collectors must:
Disclose caller identification
May contact your family to locate you
Must serve you with notice of a lawsuit if suing you
Must sue you in the county where you first incurred the debt
CA Bankruptcy Court Information
Bankruptcy is a legal action that can erase most of your debt and your credit history. It is not an action to take lightly. If you do, you must follow the following steps in California.
Persons filing for bankruptcy in California must:
Complete credit counseling within six months before filing for bankruptcy.
Complete a financial management instructional course after filing bankruptcy.
Complete a Bankruptcy Act Means Test to determine if you are eligible for a Chapter 7 or 13 bankruptcy
Itemize current income sources; major financial transactions; monthly living expenses; debts (secured and unsecured); and property (all assets and possessions, not just real estate).
Collect last 2 years of tax returns, deeds to real estate you own, car titles, and loan documents
File for bankruptcy
Chapter 7 bankruptcy fee is $306
Chapter 13 bankruptcy fee is $281
Meet with court assigned bankruptcy trustee
Attend a Meeting of Creditors
Confirm plan if filing for Chapter 13 bankruptcy
DISCLAIMER: We are not lawyers and are not giving legal advice. Before filing bankruptcy, talk to a lawyer in your state.