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From Despair to Debt-Free: A Client’s Journey with Coastal

The road to financial independence might seem overwhelming, particularly for struggling business owners. At Coastal Debt Resolve, we understand the emotional rollercoaster you might be on. That’s why we created a clear roadmap—your journey map—to guide you through every step of your business becoming debt-free.
Published
May 28, 2024
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Stage 1: Despair

You’ve secured your first Merchant Cash Advance (MCA) or two, and the initial excitement of having capital for your business has faded. Now, the pressure to repay with high fees and short terms feels suffocating. You might be experiencing a sense of despair, questioning your financial decisions and feeling trapped.

Stage 2: Research & Exploration

Knowing there’s a way out, you start researching different debt relief options. You explore terms such as settlement, restructuring, consolidation, and even bankruptcy – all seemingly complex and overwhelming.

Stage 3: Finding Coastal Debt Resolve

During your research, you discover Coastal Debt Resolve. Whether through a recommendation or an online search, you find our website and learn about our free consultations. Hesitantly hopeful, you reach out.

Stage 4: Free Consultation & Connection

Our friendly and knowledgeable debt advisors offer a free consultation. During this conversation, we’ll listen to your financial situation, understand your debt structure and contracts, and explore the best options for you. This personalized approach helps alleviate some stress and provides a clear path forward.

Stage 5: Joining the Program & Signing the Contract

After careful consideration, you decide to join Coastal’s debt relief program. We’ll walk you through the contract, ensuring you fully understand the process.

Stage 6: Secure Escrow Account

Transparency is key. We’ll help you establish a secure escrow account where you’ll make your regular deposits. These funds will be used to strategically negotiate settlements of your debts on your behalf.

Stage 7: Expert Negotiation

Our team of seasoned attorneys will assume control.. They’ll work tirelessly with your lenders, with the goal of securing significant reductions on your outstanding debt. This is where the real magic happens—watching your debt shrink feels empowering!

Stage 8: Debt Settlement & Graduation

This stage often results in a significant reduction of the original debt, sometimes up to 80%​​​​. Your debt could be settled for a fraction of the original amount through expert negotiation. This is a major milestone! We’ll work with you to finalize the settlements and ensure a smooth exit from the program. You’ve officially graduated from our debt relief program!

Beyond the Journey Map

Your debt-free journey doesn’t end with Coastal Debt Resolve. We provide you with the knowledge and resources you need to create healthy financial practices and stay out of debt in the future. We celebrate your success along the way, knowing that a brighter financial future awaits you.

Ready to embark on your own debt-free journey? Contact Coastal Debt Resolve today for your free consultation. There’s hope and financial freedom on the other side.

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