Bureau of Debt Settlement
Start Fresh, Settle Your Debts
Wave goodbye to the restless nights and the overwhelming stress of mounting debts. Our battle-tested debt settlement services are meticulously crafted to swiftly alleviate your financial burdens, offering you a beacon of hope. Imagine the relief of watching your debts shrink, bringing you closer to a life of financial freedom and peace.
We are officially a 501(c)(3) Non-profit organization.
As a 501(c)(3) non-profit debt settlement company, our primary mission is to serve your financial well-being, not generate profit. This means our focus is achieving the best possible debt resolution for you, free from conflicts of interest.
Our Two-step process
Step 1
Free consultation
Tell us your financial story. We’ll review your credit report in detail to understand your situation fully—every piece matters.
Step 2
See If You Qualify
If our program fits your needs, we’ll walk you through it. If not, we’ll suggest a better path based on your goals.
“The rep from BODS met with me, reviewed my credit situation, clearly explained to me the BODS process, what she could do and the results she anticipated to achieve based on her experience working in debt settlement. They took over, did all the leg work in contacting the debt collectors and ultimately settled the old debt for a fraction of the original amount. Once the collections accounts were updated to a zero balance there was an immediate jump in my credit score of 70 points.”
– JERRY R
Settlement in Weeks not years
Most debt settlement programs drag on for 2 to 4 years. Not here. We cut straight to the source by negotiating directly with your creditors—often reaching agreements in just 3 to 4 weeks. That means faster relief, fewer sleepless nights, and a quicker path to financial control.
While traditional programs make you wait and wonder, we move fast—because we know time matters when you’re under financial pressure. Our approach is aggressive, strategic, and tailored to your situation. No drawn-out plans, no endless payments—just real solutions that help you move forward without the wait.
Settle for way less
When you’re able to make a lump sum payment, creditors are often willing to settle for significantly less than what you owe. This one-time payment can close the chapter quickly—no drawn-out monthly plans, just a clean break and a fresh start.
If a lump sum isn’t in reach, that’s okay. We offer flexible alternatives, including programs focused on credit restoration and strategic planning. Our goal is to meet you where you are and help you move forward—whether that’s settling debt now or rebuilding your credit for the long haul.
What we are not
A one-size fits all solution. You need the option that best serves YOUR financial situation.
A program that takes 2-4 years. Our settlement is done in weeks. A company that asks you to give up control of your money. YOU keep control.
A company that is afraid to tell you if settlement isn’t your best option
Custom Debt Settlements That Work
We reduce overwhelming debts by settling them to save you thousands of dollars. To do this, your analyst will review your accounts and coordinate a plan of action. Imagine the relief and confidence as you see each settled debt bring you closer to a life where your financial goals are achievable realities.
How we’re different
- Nonprofit Advantage: As a nonprofit, BODS puts people before profit—offering lower fees and unbiased guidance.
- You Stay in Control: We never hold your money or require a new account. You manage your funds throughout the process.
- Fast, Flexible Process: Settlements can be completed in weeks—not years.
- Personalized Support: Every client receives a custom plan tailored to their financial goals.
- Credit-Conscious Approach: We work to protect and rebuild your credit, not damage it.
- Experienced Negotiators: We handle all negotiations to maximize savings and minimize stress.
- All Options Explained: You’ll get honest advice on all available paths—not just settlement.
We’re Easy to Talk to
Every conversation is straightforward and stress-free. Our experts are not just knowledgeable in debt settlement strategies but are experienced with general credit education, too. Let’s discuss your specific debt situation, outline possible solutions, or answer any concerns you have. Our team makes complex financial discussions feel simple and approachable.
Frequently Asked Questions
As a nonprofit, The Bureau of Debt Settlement (BODS) is focused on affordability and access – not profit. Our fees are significantly lower than industry standards! Our mission is to make debt relief available to more people, no matter where they’re starting from.
Debt settlement reduces what you owe by negotiating directly with your creditors. You pay a portion of your original balance, and the rest is forgiven—often saving you thousands.
Debt consolidation combines multiple debts into one loan with a single monthly payment, usually at a lower interest rate. However, it often requires good credit to qualify and doesn’t reduce the total amount you owe.
We begin with a free, no-obligation consultation to understand your financial situation. We’ll walk you through all your available options—settlement, credit counseling, bankruptcy, or consolidation—and help you decide what’s best.
If debt settlement is the right fit, we build a personalized plan based on your budget and timeline. Our focus is on lump sum settlements to resolve your debts quickly and avoid long payment plans that can negatively impact your credit and limit your debt reduction. Our team negotiates directly with your creditors to reduce your debt, aiming to resolve accounts as quickly and affordably as possible.
Yes! If we can’t settle your debt, you don’t pay a fee. We set clear expectations upfront and work closely with you toward a shared goal: getting you out of debt.
If you’re still able to pay, we recommend keeping any open accounts current to avoid further credit damage. However, if an account has already been charged off, we can often settle it without additional harm to your credit. Every situation is different—our agents will help you make the best call.
You do. Unlike many for-profit agencies, we never take control of your funds. You manage your money and make payments directly after a settlement is reached. Our agents ensure a streamlined payment process is set up during each settlement.
Depending on your situation, BODS can help you save between 30-60% on enrolled debts. That’s money you can redirect toward your future—not fees or interest.
As a nonprofit, The Bureau of Debt Settlement (BODS) puts your best interests first. We believe in education, transparency, and flexibility.
Every client receives a personalized assessment and a clear, realistic plan—along with honest guidance on how each option could affect your finances and credit. Settlement isn’t right for everyone, and we’ll help you explore all your options before you decide.
Unlike many for-profit companies:
- You control your money! You stay in full control of your money. We never ask you to open or transfer funds into a third-party account.
- We don’t lock you into a multi-year program. You’re not locked into long-term programs that could take 2-4 years to complete. Many clients complete settlements within days or weeks, not years.
- We don’t ask you to wreck your credit. Our experts work with you to protect your credit as much as possible while resolving your debt.
- Personalized planning. You get a custom debt resolution strategy based on your goals – not a cookie-cutter program.
- Education First. We explain all of your options—settlement is just one of many. If another path is better for you, we’ll help you find it.
- A credit-conscious mindset. We help you protect your credit where possible and offer guidance to rebuild it over time.
At BODS, you’re not just another client—you’re a partner in the process.
Debt settlement may impact your credit in the short term, often in a positive way, but many clients see improvement over time—especially once debts are resolved. We also offer guidance to help rebuild and improve your credit along the way.
You can, and we support your drive to take control of your finances. But dealing with creditors—especially large banks or collection agencies—can be tough, time-consuming, and emotionally draining.
Our experienced negotiators know what to say, when to say it, and how to get results. We work hard to get you the lowest possible settlements while protecting your rights and peace of mind. When you work with BODS, you’re not just getting a service—you’re gaining an advocate.
There is always a small chance a creditor could file a lawsuit. However, lawsuits are expensive and time-consuming, so most creditors prefer to settle. Quick and fair settlements are often the best way to avoid legal escalation—and that’s exactly what we help you achieve.
In most cases, clients come to us with accounts that are already closed or charged off. However, if you still have active accounts, we’ll help you decide the best path forward. In some cases, we may even be able to help get an account reinstated. Our agents will guide you based on your unique situation and goals.