How does Pennsylvania debt relief work?

With a Pennsylvania debt settlement, you pay a large lump-sum payment to each of your creditors to settle your debt for less than the full amount. Since you aren’t paying your creditors in full, this will have a negative impact on your credit score.

How much debt does a PA have?

One of the most engaging topics of conversation I have with PA students has to do with the student loan burden of PA school. The average student loan debt for PA students upon graduation right now is $116,773. Many students have told me their debt is significantly higher.

Can a PA make 200k?

Most PAs are paid an annual salary. In 36 states, the average salary for a PA is more than $100,000. The typical PA salary can also vary by specialty. For example, PAs with an emergency medicine specialty earn more than $200,000 per year on average.

Do PAs make more than doctors?

Physician assistants often take home a hefty salary. According to the Bureau of Labor Statistics, the median salary for U.S. physician assistants in 2018 was $108,610. But this compensation is still meager when compared to a doctor’s salary.

Are there any debt relief programs in Pennsylvania?

All debt relief options in Pennsylvania can consolidate all payments into one low monthly payment, but each program is different. Financial hardship programs are for people that can’t afford to stay current on payments. You also have consumer credit counseling.

How does a Pennsylvania debt settlement lawyer work?

Since you will have a Pennsylvania debt settlement lawyer representing you, by law, all creditor phone calls get directed to your attorney. The Pennsylvania law firm will negotiate with each creditor one by one to reduce the balance on all of your debts.

How does iapda certified Pennsylvania debt relief help?

An IAPDA certified Pennsylvania debt relief expert would analyze your current financial situation and customize a plan to help you quickly get out of debt. Debt validation is not the only plan you can choose from. Some consumers are better qualified for debt settlement or consumer credit counseling.

How long does it take to pay off debt in PA?

Debt Negotiation / Settlement in Pennsylvania. Debt settlement services can allow you to pay off your unsecured debt in anywhere from 2-3 years on average. You’ll pay a significant amount less than the total owed on each of your debts. This program is for anyone who’s experiencing a financial hardship.