North Dakota Debt Relief Company

What is North Dakota Debt Relief?

Debt relief is the reduction of debt through settlement or consolidation programs. The overall goal is to reduce the amount you owe your creditors. Debt settlement is one option.

Pacific Debt specializes in debt settlement throughout the United States, including North Dakota. We take an active approach to help reduce your liabilities for less than your current balances, and we generally may be able to lower the interest rate. Most types of indebtedness qualify for our relief program, including credit card bills or other types of unsecured debt.

We have a good relationship with many companies --even small business owners-- and know their settlement averages or partial payment percentages.

Pacific Debt works with creditors while guiding you through the entire process. Your manager will keep you appraised of all negotiations, and you can call them with questions.

Our best-rated settlement programs are available for North Dakotans. Call our certified specialists who will explain all your relief options. Our free analysis will help you make an informed decision about your unsecured debt.

Call for your free consultation.

How Does North Dakota Debt Relief Work?

The first step of the process is a FREE phone call with our specialists who offer all the resources, so you fully understand your position and what steps need to be taken with your creditors to reduce your debt.

Once enrolled, you deposit a monthly amount in your own escrow bank account. Once enough funds build up, our negotiators negotiate a substantial settlement amount with your creditors. Since 2002,  we've settled over $300 million in credit card debt. 

The program takes from 2-4 years to complete depending on your financial situation.

If you have bad credit, our settlement program might be perfect for you! If you are considering bankruptcy, you definitely need to speak with one of our experts.

• Get Free Consultation from our award-winning professional negotiators

Is North Dakota Debt Relief Legit?

Pacific Debt is absolutely legit! Just look at our accreditation and ratings! Contact us for a FREE consultation!

Better Business Bureau of North Dakota

Pacific Debt is an A+ rated Business with the BBB for debt negotiation services. We have been accredited since 2010 and in business since 2002.

Pacific Debt is available to get the information needed to figure out the best course of action. Our specialists help you with a FREE consultation.

What to Expect in Settlement

• Affordable monthly payments into a secured saving account based on your budget
• Resolve your situation in 2-4 years
• No upfront fees with low monthly fees that vary from 15-25% of the total enrolled amount and state of registration
• Personal communication from your assigned Account Manager
• Excellent Customer Service & Support
• We negotiate a decreased lump sum payment and may lower a bill's interest rate

Who Qualifies for Our Program?

In order to qualify for our program, you must meet the following:

• Total debt amount of at least $10,000 in unsecured debts (credit card debt, payday and personal loans, medical bills, collections and repossessions, and some student loans).
• Difficulty making minimum payments
• Live in Alabama, Alaska, Arizona, Arkansas, California, Colorado, District of Columbia, Florida, Idaho, Indiana, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Mexico, New York, Oklahoma, Pennsylvania, South Dakota, Texas, Utah, Virginia, or Wisconsin

* The information included on this site is for educational purposes only. Since not all states are included in our program, not all clients can enroll in our company. We can connect you with a Trusted Partner or help you find a provider who offers services in your state of residence.

There are some consequences for your program which can include temporary damage to credit reports. The most serious are potential tax consequences. The IRS considers forgiven amounts as income, and you may have an unexpected tax bill to include in your tax filing. Before pursuing a settlement, discuss potential tax consequences with a tax professional in order to shield yourself from too many consequences when filing taxes.

We are also not lawyers and are not suggesting that we have an attorney-client relationship.

Pacific Debt Accreditation

Pacific Debt Relief is proud to be accredited by the following organizations.

• The International Association of Professional Debt Arbitrators
• The Consumer Debt Relief Initiative
• Better Business Bureau

Always check for accreditation as many settlement companies can be scams. Accreditation means that we have met or exceeded standards and training for our work. You can get more information about accreditation and if the company is accredited by contacting each company.

Our Debt Relief Program Reviews

•  Accredited by Better Business Bureau with BBB A+ rating(4.79 rating and 144 reviews)
•  US News and World Reports and Bankrate ranked Pacific Debt as one of “The Best Debt Settlement Companies of 2020”
•  4.8 star rating by BestCompany.com (over 2341 client reviews)
•  4.8 star rating by TrustPilot based (over 718 verified consumer reviews)
•  ConsumerAffairs.com Accredited (over 538 verified reviews with an average rating of 4.6 stars)
•  A Top 10 Rated Companyby TopTenReviews.com , ConsumersAdvocate.com and Top10debtconsolidation.com
•  4.6 star rating by Google (83 client reviews)
•  100% rating by SuperMoney (9 client reviews)

Pacific Debt has helped thousands of people reduce their outstanding bills. Since 2002,  we've settled over $300 million in debt for our clients. Contact us today to see how we can help.

Testimonials from Real Clients

Get Free Consultation 

Click here to get your FREE Consultation & Savings Estimate , or call us at 800-909-9893.

View our debt relief reviews

North Dakota Residents

North Dakota is a beautiful state that relies on agriculture, petroleum, and food processing for its income. Part great plains and part badlands, North Dakota is home to the Theodore Roosevelt National Park which has been a popular attraction since 1935. As a result, North Dakota is ranked #48 for population and #48 for population density.

As of 2021, just over 672,000 people called North Dakota home. Fargo is the largest city in North Dakota.

Income in North Dakota

The median state income is $64,894. As of 2021, the minimum wage is $7.25 per hour. Unfortunately, 12.3% of North Dakotan children under 18 live in poverty. For residents overall, 11% of all people in North Dakota live under the poverty level.

• Median state income: $64,894
• Minimum wage: $7.25/hour
• Children in poverty: 12.3%
• People in poverty: 14.7%

Is North Dakota a Community Property State?

North Dakota is not a community property state. Therefore your assets are not seen as equally owned by you and your spouse.

Community property states include Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin.

Homeowners

More than half (64.2%) of North Dakotans hold a mortgage. The median home price in North Dakota is $236,405 (2020). Of course, that median price depends on the location with some areas being much higher.

• Homeowner rate: 64.2%
• Median home price: $236,405
  

Employment

North Dakota has recovered from the depression, and the current unemployment rate is 4.2%. However, the underemployment rate is 60.3%. 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. Pacific Debt offers solutions tailored to your unique situation and budget.

• Unemployment: 4.2% (2021)
• Underemployment: 6.3% (2021)

Debt Statistics

North Dakotans carry a lot of debt. The average credit card debt is $5,265 (2021). The average student loan is $33,318. When you add all that on top of the cost of homes (rental or owned), versus the median income, it is very easy for North Dakotans to get into debt.

• Avg credit card debt: $5,265 (2021)
• Avg mortgage: $167,883 (2020)
• Avg student loan: $33,318 (2021)
  

Statute of Limitations

The North Dakota statute of limitations lays out maximum time periods for debt collectors to act against a delinquent bill. These statutes of limitations begin on the date that your bill goes delinquent.

For debts taken out in North Dakota, the following are the statutes of limitations for different types.

• Oral agreements: 6 years
• Written contracts: 6 years
• Promissory notes: 6 years
• Credit cards and other revolving loans: 6 years
  

Debt Consolidation

If you have more debt than you can pay, Pacific Debt can help you live debt-free. Since 2002, we've settled over $200 million for thousands of clients. We are a nationally top-ranked debt relief company located in San Diego. We have helped countless people in the state of North Dakota. Contact us today so we can help you too

We will help you work through our proven and comprehensive relief program.

Your certified counselor will review all your options. If debt settlement is right for you, we move forward with our program and work to save you money. Pacific Debt can help with most debts like charge cards, personal loans, medical bills, and repossessions.

It is not an easy process, and it won't happen overnight, but you can do it. You can create a better life for yourself, and Pacific Debt will be there every step of the way to help. Call us and inquire about our ND program and how it can help you.

Get Free Consultation or check out reviews on our website. We have many tools available to help you!

Collection Laws

North Dakotans have laws to protect them 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 North Dakota Fair Debt Collection Practices Act adds protections against more types of collectors and actions. If you are a victim of any of these actions, contact an attorney.

Other Debt Relief Options

We want you to understand your debt relief options including services like consolidation, credit counseling, and bankruptcy.

Read all program materials before enrolling in any debt relief program.

North Dakota Debt Consolidation

This rolls all debt into a consolidation loan, often a home equity loan or personal loan, and then focuses on paying off the loan. Having a good credit history is a necessity for consolidation.

Click here to learn more about debt consolidation and debt consolidation loans.

Credit Counseling Agency

In credit counseling, a counselor helps you learn money management including developing a budget and repayment plan, helping you understand your credit report and finances, and set up a debt management plan.

Credit counseling may be best for someone just getting into debt.

Click here to learn more about Credit Counseling.

Bankruptcy 

Bankruptcy is a last resort option. This legal action wipes out most of your owed debt, severely damages your credit for up to ten years, and bankruptcy and a bankruptcy attorney are expensive and time-consuming. You may lose many of your assets.

Click here to learn more about bankruptcy and always contact a bankruptcy attorney for assistance before you file bankruptcy paperwork.

DISCLAIMER: We are not a law firm and are not offering legal services or advice. Before filing bankruptcy, talk to a law firm or bankruptcy attorney in your state.

Contact Pacific Debt for a free initial consultation

Debt Collection Laws

North Dakotans have laws to protect them 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 North Dakota Fair Debt Collection Practices Act 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 North Dakota Bankruptcy law.

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

Disclaimer: In some states, PDR may not be able to offer our services directly due to state regulations related to debt settlement. In those instances, PDR will refer you to a reputable debt relief provider or attorney firm for assistance with your debt. We are not lawyers and are not giving legal advice. Before filing bankruptcy, talk to a lawyer in your state. The information included on this site is for educational purposes only.