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The Debt Hotline

The Debt Hotline

De: Team Solo
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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
  • Is Debt Settlement Right for You? Expert Q&A with TurboDebt’s Sheldon Banker

    Is Debt Settlement Right for You? Expert Q&A with TurboDebt’s Sheldon Banker
    Jul 17 2025
    Wondering if debt settlement is your best option, or just another trap? Join George from Solo as he sits down with Sheldon Banker, a longtime expert from TurboDebt, to break down how debt settlement works, when it makes sense, and what to do if you’re already being sued.

    Sheldon shares real listener Q&As covering payday loans, massive interest fees, co-signed student loans, and navigating settlement while enrolled in a debt relief program.

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

    In this week’s episode of The Debt Hotline, you’ll learn:
    • [Start] What TurboDebt does and how they help consumers tackle overwhelming debt
    • 03:24 Can you still settle after getting sued for a payday loan?
    • 05:30 Why lawsuits change your options, and how Solo helps
    • 06:32 How to respond when a collector tacks on $14K in interest to your credit card debt
    • 09:21 What to expect if you’re in a debt relief program and still getting summons
    • 13:30 Debt settlement vs. bankruptcy: when each makes sense
    • 15:11 How to negotiate with collectors if you don’t have full payment upfront
    • 17:14 Why DIY debt settlement is tough and what professionals can do differently
    • 20:39 Solo’s 7-step roadmap from lawsuit response to building credit
    • 22:21 Is your debt big enough for a settlement program? (The $7,500 rule)
    • 23:14 Co-signed a student loan that defaulted? What to do when you’re now being pursued
    Key insights from Sheldon Banker:
    • Most debt settlement companies can’t help once a lawsuit has been filed, Solo can.
    • The scariest part of debt relief is the fear of letting go of your credit score, but minimum payments forever isn’t a real solution.
    • If your debts total more than $7,500, a settlement program may be a smart alternative to bankruptcy.
    • Private student loans are eligible for settlement, even if you’re a co-signer.
    • You can negotiate yourself, but working with a company can save serious time, stress, and money.
    George and Sheldon also walk through Solo’s roadmap for financial recovery, from responding to a lawsuit to rebuilding credit after resolution.

    Learn more about TurboDebt at https://www.turbodebt.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
    28 m
  • What Stays on My Credit Report After I Settle a Debt? | Q&A With Credit Expert Melinda Carrera

    What Stays on My Credit Report After I Settle a Debt? | Q&A With Credit Expert Melinda Carrera
    Jul 15 2025
    Credit educator Melinda Carrera of Street Financial joins Hannah on The Debt Hotline to uncover the truth about debt settlements, credit scores, and your power to clean up your report. Whether you’ve recently settled a debt or are just thinking about it, this episode will help you understand what sticks, and what you can remove.

    Mel shares her personal story of credit recovery after a car repossession and reveals why updating your report could be as simple as making a phone call. Learn how to dispute errors, ask for account removals, and rebuild your score in 2025 using tools you already have access to.

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

    Celebrate financial freedom and end your debt this July! Enter Solo’s In-DEBT-ENDence Day Giveaway for a chance to win $4700 to pay off your debt:: https://www.solosuit.com/giveaway?utm=podcast

    In this week’s episode of The Debt Hotline, you’ll learn:
    • [Start] What actually stays on your report after settling a debt
    • 06:45 How to remove “paid for less than full balance” from your credit report
    • 08:15 Why credit bureaus may agree to remove settled accounts faster than you think
    • 13:55 How to dispute duplicate debts and outdated info
    • 14:53 How life events, like illness or job loss, can factor into negotiation
    • 24:24 What to do if you have a judgment or public record from debt collection
    Key insights from Melinda Carrera:
    • 70% of credit reports contain errors, check yours closely
    • You have the right to ask for settled accounts to be removed
    • Being proactive and vocal can lead to faster credit recovery
    • Most lenders want to work with you if you’re trying to make things better
    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
    Learn more from Mel: streetfinancial.net
    Más Menos
    38 m
  • How to Legally Settle Debt After Wage Garnishment | Q&A With Greg Anjewierden at Debtbrief

    How to Legally Settle Debt After Wage Garnishment | Q&A With Greg Anjewierden at Debtbrief
    Jul 10 2025
    What happens when the paycheck hits...but a big chunk disappears due to wage garnishment? Don’t panic, and don’t assume it’s too late to settle. In this week’s episode of The Debt Hotline, attorney Greg Anjewierden joins George to explain how you can still negotiate and resolve your debt even after garnishment begins.

    Greg is a Utah-based attorney and founder of Debtbrief (https://debtbrief.com), a platform that connects people with resources like Solo to fight back against debt collectors. With practical experience and a calm, strategic approach, Greg walks through the legal options available to people facing garnishment, plus how to use timing and leverage to your advantage.

    Got a judgment? Getting garnished? Visit https://www.solosuit.com/?utm=podcast to take action today.

    In this episode:
    • Why wage garnishment usually means you’ve already lost in court—and what to do next
    • How to legally negotiate a lump sum or payment plan even after the money starts coming out of your check
    • When not to make extra payments unless you get a settlement deal in writing
    • How stopping interest accrual in a settlement can save you thousands—even if you pay the full balance
    • How losing your job can actually give you leverage to settle debt
    • What to do when you’re retired and only collecting Social Security
    • The truth about settling large commercial debts—and when bankruptcy might make more sense
    Listener questions tackled this week:
    • “I’ve been garnished for two years and still owe money—why?”
    • “What’s a good defense for a wage garnishment after I missed my court date?”
    • “Should I hire a lawyer after getting a sheriff’s letter?”
    • “How do I settle my old debts while trying to rebuild my credit to buy a home?”
    • “What if a collector won’t negotiate with me at all?”
    Remember: Just because garnishment started doesn’t mean you’ve lost all control. You still have rights, and you still have options.
    • 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
    36 m
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