Frequently Asked Questions & Resources

Sort through our frequently asked questions to learn more about your debt and our debt relief program.
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Reverse Mortgage Debt

When you turn 62 you become eligible to take out a reverse mortgage.

A reverse mortgage is a type of home loan that allows you convert some of the equity in your home into cash. It is similar to a HELOC or second mortgage but unlike a traditional home equity loan borrowers of reverse mortgages do not have to repay the loan until the borrowers move out of the home. We advise against this as a way to repay debt and supplement income. If you outlive the reverse mortgage you will be stuck in the same predicament as before. Also, if your home is your only asset it is not wise to cash it out.

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Ask us anything

We know there are a million questions to ask, which is why we maintain a strict no-billing policy. As a client, you can ask us about credit cards, debt consolidation, your credit report, anything really, and we won’t send you an unexpected bill. Instead, you make one low monthly payment that fits your budget. By keeping it simple, you can have peace of mind and focus on paying down your debt.

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Why people choose Tayne Law

A debt relief law firm

Personalized Program

Every situation is unique. We’ll work with you to find a solution that resolves your debt and frees up your cash flow.

No-billing
Policy

You make one low monthly payment and will never get an unexpected bill.

Experienced Debt Attorneys

We have more than 20-years of experience providing clients with debt relief.

Confidential & Trusted

As a law firm, our attorneys follow strict client confidentiality. Our services are discrete and effective.

Work with Creditors

We work with all creditors, whether you’re dealing with a collections firm, a national bank, credit union, or another lender.

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