Frequently Asked Questions About Cover and Clear And Debt Relief Solutions

Debt can feel overwhelming, but knowing your options and understanding the process is the first step toward relief. At Cover and Clear, we’re committed to transparency and helping you make informed decisions. Below are answers to some of the most common questions about our services and how we can help you achieve financial freedom.

Please find the FAQs for tax debt, consumer debt, and business debt below.

FAQ for Tax Debt Relief

What Types of Tax Debt Can Be Resolved?

Cover and Clear can help resolve various tax debts, including personal income taxes, payroll taxes, tax liens and levies, back taxes and penalties, innocent spouse issues, trust fund penalty, and tax debts resulting from mistakes by a prior tax professional or tax firm.

What Cannot Be Resolved: Cover and Clear does not handle non-negotiable tax obligations like court-ordered restitution payments or criminal tax issues.

What is Tax Debt Relief?

Tax debt relief includes negotiating payment plans, penalty abatements, offers in compromise, IRS Fresh Start resolutions, and more to resolve tax liabilities. Our tax professionals, including Enrolled Agents, work directly with the IRS or state agencies to find the best solution for your situation.

Can Cover and Clear Help with Back Taxes?

Yes, we specialize in resolving back taxes, whether they result from missed filings, incorrect returns, or penalties. Our team can negotiate with the IRS or state tax authorities to reduce or resolve your liabilities.

What Happens If I Ignore My Tax Debt?

Ignoring tax debt can lead to severe consequences, including wage garnishments, bank levies, liens on property, and increased penalties and interest.

Can I Handle Tax Debt Relief Myself?

While it is possible to address tax debt independently, the complexity of IRS and state tax regulations often makes professional assistance more effective. Cover and Clear’s tax experts can negotiate on your behalf, saving you time, stress, and potentially thousands of dollars.

Does Cover and Clear Work with Businesses Facing Tax Debt?

Yes, we provide tailored tax relief solutions for businesses, including payroll tax issues, business tax penalties, and more.

FAQ for Consumer Debt Relief

What Types of Consumer Debt Can Be Included?

Cover and Clear specializes in resolving unsecured debts such as credit card debt, medical bills, personal loans, collections and charge-offs, and other unsecured debts.

What Cannot Be Included: Secured debts like mortgages or car loans, and obligations like child support or alimony, cannot be settled.

How Does Debt Settlement Work?

Debt settlement involves negotiating with creditors to accept a reduced amount as full repayment. Our experienced team manages negotiations to help you resolve debts efficiently and affordably. The goal is to save you the most money in the fastest time based on the funds you accumulate monthly.

Can I Negotiate with Creditors Myself?

You can attempt to negotiate with creditors directly, but it requires time, persistence, and expertise. Cover and Clear’s team has years of experience in securing favorable settlements, often achieving results individuals cannot match.

Will Debt Settlement Affect My Credit?

Yes, debt settlement can impact your credit score in the short term. However, resolving your debt provides long-term benefits, such as improved financial stability and the ability to rebuild credit.

What Are the Alternatives to Debt Settlement?

Alternatives include debt consolidation loans, debt management plans, and bankruptcy. Cover and Clear can evaluate your situation to determine the best option.

What Are Cover and Clear’s Fees?

Our fees are performance-based and fully disclosed upfront. You only pay for results.

FAQ for Business Debt Relief

What Types of Business Debt Can Be Resolved?

Cover and Clear handles various business debts, including merchant cash advances (MCAs), high-interest unsecured business loans, vendor and supplier debts.

What Cannot Be Resolved: Cover and Clear does not address SBA loans, loans secured by vehicles or property, or equipment leases secured by the equipment.

How Does Business Debt Relief Work?

Our process includes analyzing your financial situation, negotiating with creditors to restructure or settle debts, and helping improve cash flow and operational stability.

Can I Resolve Business Debt Myself?

While it is possible, resolving business debt independently can be challenging. Negotiating with multiple creditors and managing cash flow requires expertise. Cover and Clear’s business specialists provide strategic guidance to achieve the best results.

Can Cover and Clear Help If My Business Is Facing Legal Action?

Yes, we can assist in managing creditor negotiations even if legal proceedings have begun. In some cases, we may connect you with our network of business attorneys for additional support.

What Happens After Resolving Business Debt?

Businesses typically experience improved cash flow, reduced stress, and the ability to focus on growth instead of financial survival.

Our Approach: Comprehensive and Client-Focused

Is Cover and Clear BSI Certified? Yes, Cover and Clear is BSI certified, ensuring the highest standards of service and security for our clients.

Is Cover and Clear Licensed and Bonded? Absolutely. Cover and Clear is licensed and bonded, providing you with peace of mind knowing you are working with a compliant and trustworthy organization.

Why Cover and Clear Stands Out

Cover and Clear stands out as a leader in debt relief due to:

Holistic Approach: Addressing all types of debt, including tax, consumer, and business-related issues.

Expanded Network: Collaborations with attorneys, Enrolled Agents, and business debt specialists for comprehensive solutions.

Client-Focused: Genuine care and integrity drive every client interaction.

Testimonials: Real Stories from Real Clients

Tax Debt Relief

“Cover and Clear negotiated my IRS debt down significantly. They were professional, empathetic, and efficient. I felt like a huge weight was lifted.” — Google Review

“I tried dealing with the IRS myself and got nowhere. Cover and Clear handled everything and saved me thousands.” — Yelp Review

“They helped me with an Offer in Compromise I didn’t think I would qualify for. Highly recommend!” — Shopper Approved

Consumer Debt Relief

“Thanks to Cover and Clear, I resolved $30,000 in credit card debt. The team was always there to answer my questions and guide me through the process.” — Customer Lobby

“I was drowning in medical bills. Cover and Clear negotiated with my creditors and gave me a fresh start.” — TrustPilot Review

“The process was seamless, and I was able to pay off my debts in under three years. I can finally sleep at night.” — Google Review

Business Debt Relief

“My small business was collapsing under MCA loans. Cover and Clear renegotiated our terms, and we’re now back on track.” — BBB Review

“Cover and Clear’s team saved my business from bankruptcy. They handled my creditors while I focused on running the company.” — Yelp Review

“I thought my business would have to close. Cover and Clear’s business debt specialists were lifesavers.” — Google Review

Get Started Today

Have more questions? Ready to take the first step? Contact Cover and Clear for a free consultation and personalized advice. Let us help you find the best path to financial freedom.

Call Us: +1 123 4567 890

Learn More About Our Services: Cover and Clear Debt Relief Services