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The Truth About New Era Debt Solutions

Anyone who spends much time learning about debt relief options eventually hears debt settlement horror stories. Unfortunately, some of the less-than-ethical debt settlement companies have no problem lying to consumers and taking money without delivering any promised results.

New Era Debt Solutions is not one of those companies.

We believe in truth and transparency, and toward that end we have provided on this page both historical and recent data few debt settlement companies are willing to share. First, a little background...

The History of New Era Debt Solutions

The foundation of New Era Debt Solutions dates back to 1999 when co-founders Dan Smith & Alex Viecco launched a financial consulting firm named DTS Financial. It soon became apparent that clients needed to address their high debt balances before DTS Financial could put together a sound financial plan.

Seeking a solution led Dan & Alex to Debt Settlement in its earliest stages. As time went on, more and more clients needed debt relief help, and soon Debt Settlement became the core product. In 2007, the two launched New Era Debt Solutions specializing 100% in Debt Settlement solutions.

Our Debt Settlement Statistics

In answering the following questions, we refer to both historical and recent data. Historical data dates back to 10/31/2000 and recent data dates back to the transition from DTS Financial to New Era Debt Solutions on 11/8/2007.

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Calls with the company may be recorded or monitored for quality assurance and training purposes. The company’s estimates are based on past results, varying with specific enrolled creditors and individual program terms, and do not guarantee a fixed debt resolution within a particular timeframe. Clients may not complete the program due to various reasons, such as insufficient funds, and the company does not assume debts, make creditor payments, or provide financial and legal advice. Services are not available in all states, and fees may differ. Potential tax consequences should be discussed with a tax professional. Successful clients may realize savings, but individual results vary, and the program will likely adversely affect the consumer’s creditworthiness. It is crucial to read and understand program terms before enrollment, considering potential credit rating effects. Not all creditors will agree to reduce the principal balance, and they may pursue collection, including lawsuits. Debt settlement services may not be suitable for everyone, and negotiated settlements aim to resolve entire accounts, including fees and interest. New Era Group Inc is registered with DFPI under CCFPL – Registration number 01-CCFPL-1679946-3441709. C.P.D. Reg. No. T.S. 199834

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