The Debt Hotline Podcast Por Team Solo arte de portada

The Debt Hotline

The Debt Hotline

De: Team Solo
Escúchala gratis

Acerca de esta escucha

 If you've ever felt overwhelmed by debt or confused by a court summons, you're not alone—and you're not powerless.

The Debt Hotline is your direct line to clarity, confidence, and control over your financial future. Hosted by legal expert George Simons and financial wellness advocate Hannah Locklear, this show breaks down the debt collection process, teaches you how to respond to lawsuits, and gives you real, actionable steps to take back control.

With insights from industry pros, real listener questions, and practical guidance, The Debt Hotline helps you navigate debt with knowledge and courage. Don’t panic—get informed. Call in, tune in, and let’s get you back on track.Solo Ciencia Política Economía Finanzas Personales Política y Gobierno
Episodios
  • Debt Settlement Explained by a Lawyer | Q&A With Guardian Litigation Group's Jonathan Yong, Esq

    Debt Settlement Explained by a Lawyer | Q&A With Guardian Litigation Group's Jonathan Yong, Esq
    Jul 8 2025
    Facing debt collection and wondering if settlement is really possible? Attorney Jonathan Yong from Guardian Litigation Group joins Hannah to reveal exactly how debt settlement works from the legal trenches. Whether you're deaing with your first collection notice or already facing a lawsuit, Jonathan breaks down the negotiation process that resolves 95% of debt cases before trial.

    Jonathan brings years of experience as both corporate counsel in financial services and a consumer protection attorney, and he reveals the insider strategies of verifying debt ownership, negotiating from a position of strength, and protecting yourself from common settlement scams. He also explains why you can still negotiate even after a judgment and shares the documentation that can dramatically improve your settlement terms.

    Sued for debt? Visit https://www.solosuit.com/?utm=podcast to resolve it.

    Enter Solo's In-DEBT-ENDence Day Giveaway this July for a chance to win $4,700 to help pay off your debt: www.solosuit.com/giveaway?utm=podcast

    In this week's episode of The Debt Hotline, you'll learn:
    • How 95% of debt cases settle before trial and why creditors want to work with you
    • The critical first step: verifyin the debt collector actually owns your debt
    • Different settlement options: reduced principal, extended payment plans, or new interest rates
    • Why you can still negotiate even after a judgment has been entered against you
    • What to expect at a motion for summary judgment hearing
    • Real strategies for removing negative marks from your credit report
    Key insights from Jonathan Yong:
    • You're not going to jail for unpaid debt; it's strictly a financial matter
    • Always get settlement offers in writing before paying anything
    • Push for the best deal possible, especially if you have documented financial hardship
    • Settlement is possible at any stage: pre-lawsuit, during litigation, or post-judgment
    • Original creditors, debt buyers, and collection agencies each have different negotiation approaches
    • States with stronger consumer exemptions often see more favorable settlement terms
    Hannah and Jonathan tackle real listener questions covering everything from paying off decades-old debts and vacating default judgments to settling payday loans and handling discovery disputes. Jonathan also explains complex legal concepts like motions for summary judgment in practical terms anyone can understand.

    The bottom line: Debt problems don't have to ruin your life. Whether you hire experienced counsel like Guardian Litigation Group for complex cases or use Solo's self-representation tools for smaller amounts, taking action early gives you the most options for resolution.

    For legal representation in debt matters, contact Guardian Litigation Group at 1-800-316-3133.
    For DIY tools to respond to lawsuits and negotiate settlements, visit www.solosuit.com.

    To submit a question to The Debt Hotline, you can:
    • Call 801-613-8181 and leave a voicemail
    • Fill out this form: https://forms.gle/28gd4XFsq6ybN4Qu8
    • Send an email to support@solosuit.com
    Más Menos
    37 m
  • How to Pay Off Debt in 3-7 Years | Expert Tips From Shred Method's Adam Carroll

    How to Pay Off Debt in 3-7 Years | Expert Tips From Shred Method's Adam Carroll
    Jul 3 2025
    Feeling stuck under a mountain of debt? You're not alone, but there's a way out that's faster than you think. In this episode of The Debt Hotline, Hannah sits down with Adam Carroll, founder of The Shred Method, to reveal how everyday people can accelerate their debt payoff and achieve financial freedom in 3-7 years.

    Adam brings over 20 years of financial education experience and shares the behavior modification system that's helped countless "shredders" eliminate student loans, credit cards, and even mortgages at lightning speed. He breaks down the shocking reality that most people don't actually own their income—and how to change that.

    Sued for debt? Visit https://www.solosuit.com/?utm=podcast to resolve it.

    Enter Solo's In-DEBT-ENDence Day Giveaway this July for a chance to win $4,700 to help pay off your debt: www.solosuit.com/giveaway?utm=podcast

    In this week's episode of The Debt Hotline, you'll learn:
    • How The Shred Method works and why traditional minimum payments keep you trapped
    • Real success story: How one couple paid off 25 years of student loan debt in just 8 months
    • The difference between "available money" and "accessible money" and why it matters
    • Should you pay off debt first or start investing? Adam's controversial take
    • How to optimize cash flow using a line of credit as a "behavior modification tool"
    • Real listener Q&A covering mortgage strategies, retirement vs. debt payoff, and more
    Key insights from Adam Carroll:
    • Most people pay 83% interest, 17% principal on long-term loans—The Shred Method flips this
    • "If you do for two years what most people won't do, you can do for the rest of your life what most people can't do"
    • The goal isn't just paying off debt; it's owning 80-90% of every dollar you make
    • Interest expense is typically the second-largest expense in people's lives
    • $100K+ earners often wonder "where did the money go?" Shred fixes the leak
    Hannah and Adam tackle real listener questions from people dealing with credit card debt, mortgages, student loans, and the classic dilemma of whether to cash out retirement accounts to pay off debt. They also dive into settlement strategies for those already in collections.

    The bottom line: Debt doesn't have to be a life sentence. With the right system and mindset, you can break free faster than you ever thought possible and start building real wealth.

    Want to learn more about The Shred Method? Visit https://www.theshredmethod.com/ to explore Adam's debt acceleration system.

    Use their free savings calculator at https://www.theshredmethod.com/savingsanalysis to see how quickly you could knock out your debts, and follow them on Instagram @the.shredmethod for ongoing tips and success stories.

    To submit a question to The Debt Hotline, you can:
    • Call 801-613-8181 and leave a voicemail
    • Fill out this form: https://forms.gle/28gd4XFsq6ybN4Qu8
    • Send an email to support@solosuit.com
    Más Menos
    53 m
  • How to Negotiate with the IRS and Settle Tax Debt with Tax Expert Jay Patrick

    How to Negotiate with the IRS and Settle Tax Debt with Tax Expert Jay Patrick
    Jul 1 2025
    Facing IRS debt can feel overwhelming, but you have options. In this episode of The Debt Hotline, Hannah sits down with Jay Patrick, Director of Client Solutions at Tax Relief Helpers, to break down exactly how to negotiate with the IRS and avoid the worst-case scenarios.

    Jay brings 15 years of experience in tax resolution and explains the three main ways to resolve IRS debt: offer in compromise, installment agreements, and currently non-collectible status. He also shares real-world insights on what happens when you ignore tax debt (spoiler: wage garnishments can reach up to 100% of your paycheck).

    Sued for debt? Visit https://www.solosuit.com/?utm=podcast to resolve it.

    Enter Solo’s In-DEBT-ENDence Day Giveaway this July for a chance to win $4700 to help pay off your debt: www.solosuit.com/giveaway.

    In this week's episode of The Debt Hotline, you'll learn:
    • What happens if you ignore IRS tax debt (wage garnishments, bank levies, and liens)
    • Timeline from first notice to enforcement action (typically 6 months to 1 year)
    • Three IRS resolution options: offer in compromise, installment agreements, and currently non-collectible status
    • How IRS wage garnishments differ from other debt collectors (they can take much more)
    • Real listener questions about reversing wage garnishments, prioritizing tax vss credit card debt, and protecting Social Security benefits
    Key takeaways from Jay Patrick:
    • The IRS can garnish 25-100% of wages depending on your income source
    • Interest and penalties always accrue on tax debt, even with payment plans
    • You must be current on all tax filings to negotiate effectively
    • Social Security recipients have some protection from garnishment
    • Communication is key, so don't ignore IRS notices
    Hannah and Jay also tackle real listener questions, including advice for a self-employed person owing $18,000 during COVID, someone disputing unfiled returns from 2018-2019, and a Social Security recipient worried about benefit garnishment.

    The bottom line: Tax problems are stressful but solvable. Taking action early gives you the most options for resolution.

    To submit a question to The Debt Hotline, you can:
    • Call 801-613-8181 and leave a voicemail
    • Fill out this form: https://forms.gle/28gd4XFsq6ybN4Qu8
    • Send an email to support@solosuit.com
    Más Menos
    35 m
Todavía no hay opiniones