Sacramento debt relief Trustpilot review from Pacific Debt Inc

Sacramento Debt Relief Program

Sacramento is the capital and 6th largest city in California. More than 508,517 people live in the heart of California’s breadbasket.

Unfortunately, there has been a 52% jump over the last two years in Sacramento’s homeless rate. In Sacramento county, there are about 5570 homeless people.  

If you live in Sacramento and would like a debt specialist to explain your options to you so you understand them, contact us today.

Income in Sacramento

The median income in Sacramento is $67,902. As of 2019, the minimum wage is $12.50 per hour. Despite the income and the minimum wage, 16.9% of Sacramento County children under 18 live in poverty. For residents overall, 19.8% of all people in Sacramento live under the poverty level. This poverty rate is higher than the state average of 18%.  

  • Median income: $67,902
  • Minimum wage: $12.50/hour
  • Children in poverty: 16.9%
  • People in poverty: 19.8% (2018)

Home Owners in Sacramento

Sixty percent of people in the metro area hold a mortgage. However, the median home price in Sacramento topped $350,301 (2020). Rentals are just as expensive. The average rent in Sacramento averages $1,444 a month.

  • Homeowner rate: 60%
  • Median home price: $350,301
  • Average rent: $1,444

Sacramento Employment Information

As of December 2019, the unemployment rate was 3.2%. The underemployment rate is less apparent, but the state averages 11.3% of workers are underemployed. Underemployment is the percentage of civilian workers who are unemployed, employed part-time or are not seeking employment.

  • Unemployment: 3.2% (2019)
  • Underemployment: 11.3% (2017)

Sacramento Debt Statistics

Sacramento county residents carry a lot of debt. Sacramento residents have an average credit card debt of $7,461 (2019). The average medical debt per person is under $4,000. The average student loan debt is $37,422. 

  • Avg credit card debt: $7,461 (2019)
  • Avg medical debt per person: >$4,000 (2016)
  • Avg mortgage debt: $274,781 (2019)
  • Avg student loan debt: $37,422  (2019)

Mortgage Forgiveness Debt Relief Act 2014

Mortgage Forgiveness Debt Relief Act 2015

Mortgage Forgiveness Debt Relief Act 2016

Debt consolidation and debt settlement are options in Sacramento. You’ll find more information in the next few sections. 

Who Can Help With Debt Relief in Sacramento?

If you are one of the many people in Sacramento that need help with debt, there are a number of options. Debt relief in Sacramento is available from both non-profit and for-profit agencies.

Sacramento Bay Area Credit Counseling

  • DebtWave Credit Counseling (858-654-2141): is a certified non profit credit counseling organization that maintains an A+ rating with the BBB and has been in business more than 16 years.

If you need more help, consider calling Pacific Debt, Inc for more information. Pacific Debt Inc is one of the leading debt settlement companies in the US and we have consistently been named one of the best for years. This year, we earned two #1 rankings for our customer service. We help you understand your options and whether or not debt settlement is your best option. If it is not, we can refer you to a trusted partner who may be more appropriate for your situation.

If you’d like more information on debt settlement or have more than $10,000 in credit card debt that you can’t repay, contact Pacific Debt, Inc. We may be able to help you become debt free in 2 to 4 years and we’ve settled over $300 million in debt for our customers since 2002.

Once you’ve completed our debt settlement program, your financial situation should start to improve. You’ll then be able to take the money you once had to pay towards your debt, and be able to use it for other purposes like saving, investing, retirement, etc.

Pacific Debt, Inc is accredited with the American Fair Credit Council and is an A+ member of the Better Business Bureau. We rate very highly in Top Consumer Reviews, Top Ten Reviews, Consumers Advocate, Consumer Affairs, Trust Pilot, and US News and World Report.

For more information, contact one of our debt specialists today. The initial consultation is free, and our debt experts will explain to you all your options.

Pacific Debt Sacramento Debt Relief Coverage

Zipcodes: 95652, 95660, 95673, 95758, 95811, 95814, 95815, 95816, 95817, 95818, 95819, 95820, 95821, 95822, 95823, 95824, 95825, 95826, 95828, 95829, 95831, 95832, 95833, 95834, 95835, 95837, 95838, 95841, 95864.

Nearby Areas to Sacramento

209 (Stockton, CA)
279/916 (Sacramento, CA)
530 (Redding, CA)

Click here to get back to the main State of California debt relief page.

More Information about Debt and Collections

Statute of Limitations in Sacramento

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

  • Oral agreements: 2 years
  • Written contracts: 4 years
  • Promissory notes: 4 years
  • Credit cards and other revolving loans: 4 years

Debt Collection Laws in Sacramento California

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
  • 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 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

Sacramento 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 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


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