Idaho Better Business Bureau
Pacific Debt is an A+ rated business with the BBB. We have been accredited since 2010. We have received 4.87 out of five stars based on 40 customer reviews with the BBB.
Idaho Debt Relief Help
Click here to get your FREE Consultation & Savings Estimate , or call us at 800-909-9893.
We can help you and your family with relief from debt in the state of Idaho , or even nationwide.
Idaho
Idaho contains wide open volcanic plains that grow excellent potatoes and onions to the rugged Rocky Mountains and a “bottomless” lake in the northern part. Idaho has a diverse economy based on manufacturing, agriculture, mining, forestry, and tourism. Idaho is ranked #39 for population and #45 for population density.
As of 2018, over 1.7 million people called Idaho home. Boise is the largest city in Idaho.
Income
The median state income is $51,807. As of 2018, the minimum wage is $7.25 per hour. Unfortunately, 17.2% of Idahoan children under 18 live in poverty. For residents overall, 14.4% of all people in Idaho live under the poverty level.
- Median state income: $51,807
- Minimum wage: $7.25/hour
- Children in poverty: 17.2%
- People in poverty: 14.4%
Homeowners
More than half (69.9%) of Idahoans hold a mortgage. The median home price in Idaho is $232,500 (2018). Of course, that median price depends on the location with some areas being much higher.
- Homeowner rate: 69.9%
- Median home price: $232,500
Employment
Idaho has a current unemployment rate of 3.0%. However, the underemployment rate is 7.8%. Underemployment is the percentage of civilian workers who are unemployed, employed part-time or are not seeking employment.
If this is you, we can help.
If this is you, we can help.
Pacific Debt offers Idaho debt relief solutions
tailored to your unique situation and budget. Our certified debt counseling agents will help you work up a budget and explain your options.
- Unemployment: 3.0% (2018)
- Underemployment: 7.8% (2017)
Idaho Debt
Idahoans carry a lot of debt. The average credit card debt is $8,570 (2018). The average student loan debt is $27,639. When you add all that debt on top of the cost of homes (rental or owned), versus the median income, it is very easy for Idahoans to get into debt.
- Avg credit card debt: $8,570 (2018)
- Avg mortgage debt: $163,370 (2017)
- Avg student loan debt: $27,639 (2017)
Idaho Statute of Limitations
Idaho’s statute of limitations lays out maximum time periods that debt collectors can take action against a delinquent debt. These statutes of limitations begin on the date that your debt goes delinquent.
For debts taken out in Idaho, the following are the statutes of limitations for different types of debt.
- Oral agreements: 4 years
- Written contracts: 5 years
- Promissory notes: 5 years
- Credit cards and other revolving loans: 4 years
Idaho Debt Relief Options
If you have more debt than you can pay off, Pacific Debt can help you consolidate your debt and learn to live debt free. Since 2002, we’ve settled over $200 million in debt for thousands of clients. We are a nationally top-ranked debt relief company located in San Diego.
We will help you work through our proven and comprehensive debt relief program. Your certified debt relief counselor will review all your options. If debt settlement is right for you, we move forward with our debt consolidation program and work to save you money. Pacific Debt can help with most unsecured debt like credit cards, personal loans, medical bills, and repossessions.
It is not an easy process and it won’t happen overnight, but you can do it. Pacific Debt will be there every step of the way to help.
Debt Collection Laws
Idahoans are protected against unscrupulous debt collectors. The federal Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using abusive or harassing bill collection practices. In addition, the Idaho Fair Debt Collection Practices Act (IFDCPA) adds protections against more types of collectors and actions. If you are a victim of any of these actions, you may take legal action against them.
Overall, debt collectors can NOT:
- Charges more than 10% interest
- Garnish more than 25% of wages
- U se/threaten physical force or criminal tactics to harm you, your property, or your reputation
- Accusing you of committing a crime for not paying the debt
- Make/threaten to make defamatory statements to someone else
- Threaten arrest, to seize assets, or garnish wages unless actually planning to take such action
- Use obscene or profane language
- Cause you to spend money you wouldn’t otherwise have spent (ie long-distance telephone calls)
- Call you repeatedly or let your phone ring repeatedly
- Call frequently
- Contact your employer, except to verify employment or health insurance status, garnish wages or locate you
- Reveal information about debt to anyone except your spouse or your parents if a minor.
- Publicly publish your name for failing to pay
- Send a postcard or letter with revealing information on the envelope
- Claim to be someone other than a debt collector, including a governmental official
- Use stationery that appears to be from a law firm
- Charge you collection or attorney’s fees unless legally allowable
- Threaten to report you to a credit reporting agency if they have no intention of doing so
- Send a letter claiming to come from a claim, credit, audit, or legal department unless it actually is
Debt collectors must:
- Disclose caller identification
- May contact your family to locate you
- Must serve you with notice of a lawsuit if suing you
Bankruptcy Court Information
Bankruptcy is a legal action that can erase most of your debt as well as your credit history. It is not an action to take lightly. If you do, you must follow the following steps in Idaho.
Persons filing for bankruptcy must:
- Complete credit counseling within six months before filing for bankruptcy.
- Complete a financial management instructional course after filing bankruptcy.
- Complete a Bankruptcy Act Means Test to determine if you are eligible for a Chapter 7 or 13 bankruptcy
- Itemize current income sources; major financial transactions; monthly living expenses; debts (secured and unsecured); and property (all assets and possessions, not just real estate).
- Collect last 2 years of tax returns, deeds to real estate you own, car titles, and loan documents
- File for bankruptcy
- Chapter 7 bankruptcy fee is $306
- Chapter 13 bankruptcy fee is $281
- Meet with court assigned bankruptcy trustee
- Attend a Meeting of Creditors
- Confirm plan if filing for Chapter 13 bankruptcy
Idaho Better Business Bureau
Pacific Debt
is an A+ rated business with the BBB. We have been accredited since 2010. We have received 4.87 out of five stars based on 40 customer reviews with the BBB.
The information included on this site is for educational purposes only. Your state may not qualify for the Pacific Debt, Inc debt relief program. If it does not qualify, we can refer you to a Trusted Partner or assist in connecting you with a provider who offers servicing in your state of residence.
Pacific Debt, Inc
We are one of the nationally top-ranked debt settlement companies and we have helped countless Idaho residents with our national program. Contact our professional debt negotiators today so we can help you too!
Call us and ask our award-winning debt specialists about our settlement program and how debt settlement works
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Idaho Relief Programs
We are a debt settlement company and have discussed debt settlement in detail. Click here to learn more about debt settlement. Idaho debt settlement can temporarily harm your credit report and average credit score.
We want you to understand your options including debt consolidation, credit counseling, and bankruptcy.
Read all program materials prior to enrolling with any program.
Debt Consolidation in Idaho
This rolls all debt into a low interest rate debt consolidation loan, often home equity loans, or work with a company to set up a consolidation plan. You may want to speak with someone about debt management programs.
Click here to learn more about
debt consolidation and debt consolidation loans.
Credit Counseling Agency
Credit counseling helps you learn money management including developing a budget, helping you understand your credit score, and set up debt management plans. Debt management does not involve any settlement or reduction in interest rates.
Look for professional credit counselors from a non-profit credit counseling organization.
Click here to learn more about Credit Counseling.
File Bankruptcy
Filing bankruptcy is a last resort option – this legal action wipes out most of your total owed debt, severely damages your credit with a credit reporting agency for up to ten years, and is expensive and time-consuming.
Click here to learn more about bankruptcy.
Avoid credit repair services as there is nothing they can do that you cannot do for yourself to improve your credit report.
Contact Pacific Debt for a free debt evaluation.
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