Debt Assumption

Debt Assumption offsets your debt, helps protect against lawsuits, and restores your credit without the possibility of tax liability. This program uses a proprietary process that has been proven highly successful for thousands of clients over the past 14 years.


If you qualify, debt assumption provides quite a few benefits that other methods do not. As with any settlement program, there are guidelines that must be followed, so not everyone will qualify for Debt Assumption.


What is Debt Assumption and How Does It Work?


Debt assumption is a special form of debt refinancing, involving three parties—the creditor, the original debtor, and a third party who assumes the debt obligation.


The debt assumption process involves two simultaneous transactions; the first transaction cancels the original debtor’s obligation, and the second transaction creates a new debt contract between the creditor and the new debtor, or assumer.


What Can Be Enrolled Under Debt Assumption?


With Debt Assumption, you can enroll all or as many of your unsecured debts as you choose. Unsecured credit cards, signature loans, medical bills, as well as business bank loans that you signed personally. Under Debt Assumption, even private student loans can be offset.


It does not matter if, or how long, you have been delinquent, even closed accounts and third-party collections are accepted. The debt assumption program can last from 12 to 36 months, and if lawsuits occur, you will be assisted in most circumstances through attorneys or arbitration proceedings. Your credit will be damaged during the process, but credit restoration is included in the service.

debt assumption

Become Debt-Free & Build Wealth


To learn more about Debt Assumption and how you can be on your way to living debt-free, contact Pivotal Wealth today! We’ll seek to understand your financial situation, advise you on the best debt relief solutions for you, and help you be on your way towards building wealth and a stronger financial future.