It then attempts to settle your debt for less than you owe — but more specific details about its program aren't available. The web platform will securely submit the information you provide to a lender. Our trained experts can help aleviate the stress associated with choosing a debt relief plan with no cost or obligation to you. Like other debt settlement services, it requires you to make a monthly payment toward a savings account. The Fresh Start Initiative. Bankruptcy offers a fresh start by reducing debt obligations. P ersonalized Service Fresh Start does not broker loans and does not make and/or fund any product offerings, loans, or credit decisions. This initiative also increased allowable living expenses and changed the way applicants’ financial situations were analyzed to make this program more accessible for many taxpayers with outstanding tax debts. Through the Fresh Start program, the maximum amount of tax liability that would merit a Notice Of Federal Tax Lien has been increased from $5,000 to $10,000. The IRS Fresh Start Program was was created to help people with IRS back taxes deal with their debt more easily. This offer does not constitute an offer or solicitation to lend. A Chapter 7 bankruptcy is a bankruptcy case in which the debtor gets a fresh start, a new beginning. The liability that once burdened the taxpayer can be relieved through a resolution plan. For limited computer access, take your Debtor Education course by phone. Our Debt Relief Brokerage is here to help you and your family. Filers pay a hefty fee and often hire a lawyer at an average cost of $2,000 to $4,000. Fresh Start Financial Services is a debt settlement company that negotiates with your creditors on your behalf. Do you need to file a Chapter 7 Bankruptcy for a Fresh Start? Call (800) 435-9138 or register below. WHY YOU SHOULD CHOOSE FRESH START ADVOCATES. Fresh Start is accurately named because its ability to provide taxpayers a fresh start with the IRS. I found Fresh Start Financial online and was able to get a personal loan and have a more manageable payment. It essentially wipes out the debt that you have and you can have a fresh start. What is a Bankruptcy Chapter 7? When I graduated I thought my life of success will just get started but I had so much personal debt which prevented me from having a stable life. A Debt Management Plan is the most flexible Debt Solution to help with debt problems and also the most popular. Thanks to a recent expansion of the Fresh Start Program, access to Installment Agreements and Offers in Compromise is now streamlined. Call now to get your freee debt … An Offer in Compromise (OIC), allows taxpayers to settle their debt for less than the full amount. A common misconception is that the IRS only accepts payment plans as a form of debt resolution. Get a debt consolidation loan with a rate as low as 5.99% . We cater to those who are struggling with credit card debt, private student loans, high interest rates or even collection efforts. The Fresh Start Initiative eliminated the dollar limitation imposed on taxpayers requesting an Offer in Compromise. And, taxpayers may also waive receiving the said notice if they are going to pay their tax debt via the Direct Debit Installment Agreement. At Fresh Start UK, we understand the pressures of being in debt, being harassed by your creditors day and night. Take this 60-Second Quiz to See if You Qualify for the IRS Fresh Start Program. But it comes at a cost. How to get started?

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