Debt can feel overwhelming, especially when you're not sure where to begin. But the good news is resolving it is oftentimes more straightforward than you’d expect.
This blog is here to help you take control. It’s a practical guide designed to help you understand your options, avoid common pitfalls, and move forward with confidence.
Step 1: Get the Full Picture of What You Owe
Before you can make a plan, you need to know exactly what you’re dealing with. Start by gathering the basics:
- Who the original creditor is
- The total amount owed
- Whether the debt is still with the original creditor or has been sent to collections
If anything seems unclear, like a debt you don’t recognize or a balance that doesn’t match your records, you have the right to request validation. Ask the collection agency for a written notice that confirms the details. This ensures the debt is legitimate and that they’re authorized to collect it.
Step 2: Know Your Options Before You Pay
Not every path to resolution looks the same. Depending on your situation, here are a few common ways people resolve outstanding debts:
- Pay in full – If you're able to pay the full balance, doing so can close the account quickly and cleanly.
- Set up a payment plan – Many agencies offer flexible plans that break the total into smaller, manageable payments.
- Negotiate a lump-sum settlement – You may be able to settle the debt for less than the full amount owed.
- Explore hardship options – If you’re facing financial challenges, ask about temporary pauses or reduced plans based on hardship.
Don’t hesitate to reach out to the collection agency to ask what’s available. Believe it or not, most collectors want to work with you—not against you. Resolving the debt benefits both sides, and they may be more flexible than you think.
💡 Want to get a sense of what different payment plans could look like? Use our payment calculator to explore your options based on your budget.
Step 3: Communicate Clearly and Keep Records
When it comes to resolving debt, documentation is your best friend.
- Confirm everything in writing – If you make a plan or negotiate terms, get it confirmed in writing.
- Keep all payment records – Save email confirmations and receipts from every transaction.
- Avoid giving direct bank access – Never provide bank account info unless there’s a written agreement in place.
To keep a clear paper trail, use email or physical mail rather than phone calls whenever possible. If a dispute arises, having everything documented can make a big difference.
Resolving Debt Is Possible—You Just Need a Plan
Facing debt head-on is the first step toward regaining control—not just financially, but emotionally. Resolution isn’t about shame or blame. It’s about peace of mind.
And you don’t have to figure it out on your own. If your account is in collections, reach out today. We’ll walk you through your options and help you find a solution that works for you—with support, not pressure.
