Nebraska Debt Relief

Reduce Your Credit Card Debt By Up To Half

Pacific Debt Relief offers the only solution that significantly reduces your debt to less than you currently owe. That means you get debt-free in a fraction of the time it would take with other options.

Save thousands by lowering your debt balance and wiping away years of future interest and payments. Call today for a FREE consultation!

Nebraska Debt Relief Company

What are Nebraska Debt Relief Programs?

Nebraska debt relief involves debt reduction through debt settlement or consolidation. 

Pacific Debt Relief specializes in debt settlement. We work to reduce your debt for less than you owe to your creditors. Most unsecured debts qualify for the Pacific Debt relief option, including credit card debts.

Pacific Debt debt settlement company works by dealing directly with your creditors including credit card companies while guiding you throughout the entire process.

Our best-rated debt settlement programs are available for Nebraskans. Call our certified specialists who will explain all your relief options.

Our free analysis will help you make an informed decision about your unsecured debt and your financial health.

Call to get your free consultation.

How Do Debt Relief Options Work?

Debt relief reduces the amount you owe your creditors so that you can receive relief for your financial future. Debt settlement is one option. Pacific Debt provides relief in the form of debt settlement to Nebraskans, as well as nationally.

The first step for Nebraska residents in finding relief is a FREE phone call with one of our specialists who can lay out all your options, so you understand your position and what steps need to be taken in order to reduce the full amount owed.

Is Debt Relief Legit?

Pacific Debt is a debt relief agency that has helped countless Nebraskans reduce their outstanding full amount and live a better future. Since 2002,  we've settled over $300 million in credit card debt for our clients. 

Contact us today to see how our debt relief option can help.

Nebraska residents searching a debt consolidation plan or for debt management may benefit from a free conversation with our debt specialists.

We may be able to help lower your monthly payments. If you are looking for consolidation loans but have bad credit, our debt settlement program might be perfect for you!

We are experts at debt negotiation so call for your financial situation.

We do not require a debt consolidation loan. Instead we negotiate to reduce interest rates, offer helpful resources, and a low total monthly payment with no upfront fees.

Get Free Consultation from our award winning debt settlement company

During Pacific Debt's program, you deposit an agreed single monthly payment amount in your own escrow bank account. As you build up sufficient funds, we pay your settled accounts.

Take time to understand how debt settlement programs work and all your relief options.

What New Clients can expect from our Debt Settlement Work

• Affordable monthly payments based on your budget
• Resolve your situation in 2-4 years
• No upfront fees with low monthly fees that vary from 15-25% of the total enrolled amount and state of registration
• Personal attention from your assigned Account Manager
• Repayment plan and possibly lower interest rates.
• Excellent Customer Service & Support
• We negotiate a decreased lump sum payment and lower interest rates

Who qualifies for debt settlement?

You must meet the following:

• Outstanding debt amount of at least $10,000 in unsecured debts (credit card bills, payday loans, personal loans, medical bills, collections and repossessions, and some student loans).
• Difficulty making minimum payments
  

There are some tax consequences to debt settlement as forgiven amounts are considered income. Before pursuing debt settlement, discuss potential tax consequences with a tax professional.

We are also not a law firm and are not giving legal advice.

Pacific Debt Accreditation

We are accredited by:

• The Consumer Debt Relief Initiative
• International Association of Professional Debt Arbitrators
• Better Business Bureau

Debt Relief Testimonials from Real Clients

Better Business Bureau of Nebraska

Pacific Debt is an A+ rated business with the BBB. We have been accredited since 2010. We have received 4.87 out of five stars based on 40 client customer reviews with the BBB.

The State of Nebraska

Nebraska is part of the breadbasket of America. The wide-open plains offer many opportunities for agriculture while the largest cities are home to universities specializing in dentistry, research, and, of course, football! Nebraska’s economy is based on agriculture. Nebraska is ranked #37 for population and #43 for population density.

As of 2018, over 1.9 million people called Nebraska home. Omaha is the largest city in Nebraska.

Income in Nebraska

The median state income is $56,927. As of 2018, the minimum wage is $9.00 per hour. Unfortunately, 13.9% of Nebraskan children under 18 live in low income families. For residents overall, 11.4% of all people in Nebraska are considered low income individuals and live under the poverty level.

• Median state income: $56,927
• Minimum wage: $9.00/hour
• Children in poverty: 13.9%
• People in poverty: 11.4%

Is Nebraska a Community Property State?

Nebraska is not a community property state. Therefore your assets are not seen as equally owned by you and your spouse. Currently, only Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin are community property states.

In the state of Nebraska, the judge will decide which assets are shared by you and your spouse, and what the equity is for each.

Nebraska Homeowners

More than half (66.1%) of Nebraskans hold a mortgage. The median home price in Nebraska is $175,500 (2018). Of course, that median price depends on the location with some areas being much higher.

• Homeowner rate: 66.1%
• Median home price: $175,500

Employment in Nebraska

Nebraska has a current unemployment rate of 2.8%. However, the underemployment rate is 6.2%. 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 Nebraska debt relief solutions tailored to your unique situation and budget. Our certified counselors help you work up a budget and explain your options.

• Unemployment: 2.8% (2018)
• Underemployment: 6.2% (2017)

Nebraska Debt Statistics

Nebraskans carry a lot of debt. The average credit card debt is $6,180 (2018). The average student loan debt is $$26,082. 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 Nebraskans to get into debt.

• Avg credit card debt: $6,180 (2018)
• Avg mortgage debt: $136,882 (2017)
• Avg student loan debt: $26,082 (2017)

Nebraska Statute of Limitations

Nebraska’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 debts taken out in Nebraska, the following are the statutes of limitations for different types of debt.

• Oral agreements: 4 years
• Written contracts: 5 years
• Promissory notes: 5 years
• Credit cards and other revolving loans: 5 years

We are not a law firm and are not offering advice. Contact a law office.

Nebraska Debt Relief & Debt Consolidation

If you have more debt than you can pay off, Pacific Debt can help you consolidate your debt and learn to live debt free. 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.

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 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.

Debt Collection Laws of Nebraska

Nebraskans are protected against unscrupulous debt collectors by federal law. The federal Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using abusive or harassing bill collection practices. In addition, the Nebraska Fair Debt Collection Practices Act (NFDCPA) adds protections against more types of collectors and actions. If you are a victim of any of these actions, speak with a law firm.

Overall, debt collectors can NOT:

• Charges more than 10% interest
• Garnish more than 25% of wages
• U se/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
• Call frequently
• 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 stationery 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

Nebraska Bankruptcy Court Information

Bankruptcy is a legal action that can erase most of your debt as well as your credit history. It is not an action to take lightly.

Persons filing for bankruptcy 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
  

Pacific Debt, Inc

We are one of the nationally top-ranked debt settlement companies and we have helped countless Nebraska residents with our national program.

Call us and ask our award-winning debt specialists about our settlement program and how debt settlement works.

Remember we offer a free consultation.

Nebraska Relief Programs

We are a debt settlement company and have discussed debt settlement in detail. Click here to learn more about debt settlement. Settled debt can temporarily harm your credit report and average credit score.

We want you to understand your options including debt consolidation, credit counseling, and bankruptcy.

Read all program materials prior to enrolling with any program.

Nebraska Debt Consolidation

This rolls all debt into a debt consolidation loan and then paying off the loan. Having good credit scores is a necessity.

Click here to learn more about debt consolidation and debt consolidation loans.

Credit Counseling Agency

Credit counseling uses a credit counselor to help you learn money management including developing a budget, helping you understand your credit scores, and set up a debt management plan.

Look for a non profit credit counselor with a nonprofit credit counseling agency.

Click here to learn more about Credit Counseling.

Nebraska Bankruptcy 

Bankruptcy is a last resort option – this legal action wipes out most of your owed debt including credit cards, severely damages your credit for up to ten years, and bankruptcy code is expensive and time-consuming.

Click here to learn more about bankruptcy and always contact Nebraska attorneys for assistance.

Avoid credit repair services as there is nothing they can do that you cannot do for yourself to improve your credit report.

Contact Pacific Debt for a free initial consultation

Pacific Debt Offers Debt Relief for Nebraska Cities