Fresh Financial Solutions
Debt settlement example calculator: payments, fees and risks
Source: https://freshfinancialsolutions.com/debt-settlement-calculator/ — Page updated November 5, 2026. General education; not a professional review date.
Add up assumptions you choose. A calculator cannot predict what creditors will accept.
Start with three numbers. See how long it could take to pay off a debt.
An estimate for learning, not a quote or advice. Do not stop paying creditors based on this tool.
Private: your numbers stay in this tab. We do not send or save them. Choose Clear to remove them.
Sample numbers for learning only. Check every entry before using your result.
Your example
Example numbers, not your personal estimate.
How this is calculated and what it leaves out
Compare the examples you have tried
These totals cover different things. Filing costs leave out debt repayment, property loss, and debt that remains after bankruptcy. A Chapter 13 quote does not show the payment a court would approve. Settlement may leave debt unpaid. The lowest total does not mean you qualify or that an option is right for you.
| Example and what it covers | Monthly amount | Months | Total in this example | Debt left unpaid |
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Risks and trusted sources
Debt settlement can harm credit, add fees and interest, lead to collection efforts or lawsuits, and create tax consequences. Creditors do not have to settle. Bankruptcy can affect your property and does not erase every debt. Get professional advice and read the full written terms before deciding.
- U.S. Courts: Chapter 7 basics
- U.S. Courts: Chapter 13 basics
- U.S. Bankruptcy Court: published filing fees
- CFPB: comparing debt approaches
- CFPB: debt-relief risks
Sources checked November 4, 2026. Fees, local court practices, and your circumstances may differ. Check current requirements before acting. These are not prices or services offered by Fresh Financial Solutions.
What to enter
Use the starting debt, share assumed settled, creditor payoff percentage, provider fee and its basis, funding months and other costs. Ask whether a percentage fee applies to original debt assumed settled or the modeled reduction. Those are different amounts.
A simple example
If all $20,000 is assumed settled for 50%, creditor payments are $10,000. A 20% fee on original debt settled adds $4,000, for $14,000 before other costs: about $388.89 monthly over 36 months. If that fee instead applies to the $10,000 reduction, the fee is $2,000 and total $12,000. If only half the original debt is settled, the other $10,000 remains owed. None of these are Fresh Financial Solutions offers.
How it works
Starting debt × share settled = debt assumed resolved. Multiply that by the assumed creditor payoff percentage. Add the fee on the selected basis, monthly account charges times months, and entered other costs. Divide total by months for a funding illustration.
What it cannot predict
Unsettled debt remains owed. Added interest, penalties, taxes, refusal, credit harm, collection activity and lawsuit outcomes are not calculated. Monthly funding is not an agreed creditor payment, debt-free date or permission to collect fees. Creditors may refuse or sue while you save.
FTC guidance explains fee restrictions and conditions for covered services; applicable law and activity matter. IRS canceled-debt guidance explains potential tax, exceptions and exclusions. Ask a qualified tax professional about your facts. Read settlement risks and alternatives.
Learning tool only. Results depend on your assumptions. They are not an offer, a quote, an eligibility decision or a promised outcome. You can submit a first-contact inquiry; enrollment requires a separate agreement. See important disclosures.
Explore all calculators, debt-relief options, questions before signing and how we prepare information.
What does a 20% fee mean?
Our stated service-fee basis is 20% of enrolled debt. This illustration shows that fee only; it does not predict settlement, monthly payments or total savings.
Your entry stays in this tab. Creditor payments, account or other applicable charges and possible taxes are separate. This is not a quote or a fee-collection schedule. Applicable law and the written agreement control when a fee may be earned or collected. Read the fee and risk explanation.