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Find the Best Debt Consolidation in Atlanta, GA

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by Sandi Pope ConsumerAffairs Research Team

Atlanta residents struggling with credit card debt often use debt relief to manage their bills. Debt relief companies offer several services, including debt settlement, debt consolidation, bankruptcy help and credit counseling. We put together this guide to explain the basics of debt relief and list the best debt relief companies in Atlanta.

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Top 7 Atlanta Debt Relief Companies

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Atlanta skyline

Atlanta has the third-highest average credit card debt in the nation, and the average family in the city owes more than $8,000 in credit card debt. These debts make it difficult to pay monthly bills or save money for emergencies. To help alleviate debt problems, many people turn to Georgia debt relief companies for debt settlement, debt consolidation, credit counseling or bankruptcy assistance.

How does debt relief work in Atlanta?

Atlanta residents have access to several different types of debt relief. The service that works best for you depends on your financial situation.

  • Credit counseling helps people in Atlanta manage their debt and organize their finances. Credit counselors work with clients to review their budgets, credit reports and debt. After conducting a thorough analysis of the person’s finances, the counselor makes recommendations and educates them on how to improve their financial situation.
  • Debt consolidation loans let you pay off your current debts with a single loan, which reduces the number of creditors you owe and makes your debt more manageable. The new loan is typically at a lower interest rate than your previous debts, which lowers the amount of money you pay over time. Debt consolidation loans may be secured with collateral, like your house or car, or unsecured.
  • Debt settlement involves negotiating with your creditors to clear your debt with a lump-sum payment that is less than the amount you owe. The process requires you to stop payments to your creditors and make affordable payments into an account that is created for debt settlement purposes. These funds are used to make settlement offers to your creditors. Debt settlement only works with unsecured debt and is likely to harm your credit score. This is usually the last step to avoid bankruptcy.
  • Bankruptcy is a last resort for people with overwhelming debt. While bankruptcy discharges many of your debts and stops calls and letters from creditors, it has long-term consequences, including a severe penalty to your credit score and a reduced chance to qualify for a mortgage or car loan. Bankruptcy cannot eliminate some debts, like student loans, tax debts and alimony payments.

Atlanta debt relief scams

Many debt relief companies in Atlanta work with their clients’ best interests in mind, but some fraudulent businesses prey on individuals in desperate situations. The Federal Trade Commission (FTC) ensures relief companies aren’t scamming individuals. Make sure to review the FTC website on debt relief and submit a consumer complaint if you feel you have been taken advantage of by one of these companies.

Not sure how to choose?

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    Atlanta debt relief company information

    DebtCafe Atlanta

    DebtCafe Atlanta helps Georgia residents manage their debt and get back on track financially. The company also gives customers flexible due dates for their payments. The company helps Atlanta customers reduce calls and letters from creditors and receive lower finance charges.

    • Address: Serves Atlanta residents
    • Phone: (844) 889-3773
    • Hours: Call for hours
    • Website: georgia.debtcafe.com/debt-consolidation-atlanta.html
    McCarthy Law Atlanta

    The McCarthy Law firm connects Georgia residents with lawyers who specialize in debt relief and help clients settle their debt for a fraction of what they owe. The McCarthy Law firm charges clients a percentage of the debt they’re attempting to settle. The firm has 90 locations nationwide and offers free in-office consultations.

    • Address: 1275 Peachtree St. NE, Ste. 525, Atlanta, GA 30309
    • Phone: (855) 976-5777
    • Hours: M - F: 6am - 6pm
    • Website: mccarthylawyer.com/our-locations/georgia/atlanta
    Galler Law

    Galler Law offers free consultations on different debt relief topics. Clients can use the sign-up tool on its website to get a 15-minute consultation call for help with private student loan debt, mortgage modification and tax resolution. This firm specializes in debt settlement, foreclosures, vehicle repossession and Chapter 7 and Chapter 13 bankruptcies. While it does handle bankruptcy cases, the firm makes sure to thoroughly investigate each client’s situation and explore every other option first.

    • Address: 875 Old Roswell Road, Ste. B100, Roswell, GA 30076
    • Phone: (770) 671-8830
    • Hours: M - F: 9am - 6pm
    • Website: gallerlaw.com/debt-settlement
    by Sandi Pope ConsumerAffairs Research Team

    Sandi Pope previously worked in the nonprofit sector as an advocate for environmental and social change and believes information access is a human right. As a member of the ConsumerAffairs Research Team, she seeks to provide consumers with the necessary information needed in making life-altering decisions.

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