Disclaimers, Licenses & Disclosures

1. General Disclaimer

The information provided on www.mydebtexit.com and in all communications from DebtExit Financial Services, LLC is for general informational purposes only. Nothing on this website constitutes legal, financial, tax, or professional advice of any kind.

While we make every effort to ensure the accuracy and currency of the information presented, debt relief laws, regulations, and creditor policies change frequently. You should always consult with a licensed attorney, certified financial planner, or other qualified professional before making any financial decision.

2. We Are Not a Law Firm

DebtExit Financial Services, LLC is a debt settlement company, not a law firm. We do not provide legal representation or legal advice. Our employees and representatives are not attorneys, and any communication with us does not create an attorney-client relationship.

If you are facing a lawsuit from a creditor, have received a court summons, or have questions about your legal rights, you should immediately consult with a licensed attorney in your state. DebtExit cannot represent you in court or provide legal defense against creditor lawsuits.

3. Results and Testimonials Disclaimer

The results, testimonials, and case studies presented on this website reflect actual client outcomes but are not necessarily typical. Individual results will vary significantly based on numerous factors, including but not limited to:

• The total amount and types of enrolled debt
• The age of the debts and individual creditor policies
• Your ability to make consistent monthly program deposits
• Whether creditors agree to negotiate
• The length of time debts have been in default
• Your specific state of residence
• Economic conditions and creditor willingness to settle

Not all clients who enroll complete the program. Clients who do not make consistent deposits or who withdraw before all debts are settled may not achieve debt relief. Some creditors may not negotiate, and DebtExit cannot guarantee that any particular creditor will agree to settle at any specific amount or at all.

The statement "settle your debt for less than you owe" reflects possible outcomes, not guaranteed ones. Average debt reduction figures, where stated, are based on successfully settled accounts within completed programs and do not include clients who did not complete the program.

4. Credit Score and Credit Report Impact

Enrollment in a debt settlement program will likely have a negative impact on your credit score and credit report. Specifically:

• Stopping payments to enrolled creditors (as required by the program) will result in late payment notations, charge-offs, and collection accounts on your credit report.
• Settled accounts are typically reported as "settled for less than full amount," which is considered negative information by credit bureaus and most lenders.
• Negative information resulting from the settlement process may remain on your credit report for up to 7 years from the date of first delinquency.
• During the program, you may not qualify for new credit, mortgages, or other financing on favorable terms.

If maintaining a good credit score is your primary financial goal, debt settlement may not be the right solution for you. Consider speaking with a non-profit credit counseling agency about alternative options.

5. Tax Implications Disclosure

Debt forgiven through settlement may be considered taxable income by the Internal Revenue Service (IRS) and applicable state tax authorities.

When a creditor forgives $600 or more of a debt, they are generally required to file IRS Form 1099-C (Cancellation of Debt) and provide you with a copy. The forgiven amount may need to be included in your gross income on your tax return for that year.

There are exceptions to this rule, including insolvency exceptions and bankruptcy exclusions. DebtExit does not provide tax advice. You should consult with a qualified tax professional or CPA to understand the specific tax implications of debt settlement for your situation.

6. State Licenses and Registrations

DebtExit Financial Services, LLC is licensed or registered to provide debt settlement services in the following states. If your state is not listed below, we may not be able to provide services in your state.

For states not listed above, DebtExit is unable to provide debt settlement services at this time. State licensing information is subject to change. Contact us to verify current licensing in your state.

7. Regulatory Compliance

DebtExit Financial Services, LLC operates in compliance with applicable federal and state regulations, including:

• FTC Telemarketing Sales Rule (TSR), 16 CFR Part 310: We do not collect fees before a settlement is reached and ratified by the client. We provide clear disclosures about the potential risks of debt settlement.
• Fair Debt Collection Practices Act (FDCPA): While we are not a debt collector, our operations respect the spirit and letter of the FDCPA.
• Consumer Financial Protection Bureau (CFPB) Guidelines: We operate in alignment with CFPB guidance on debt settlement services.
• Gramm-Leach-Bliley Act (GLBA): We protect non-public personal financial information as required by the GLBA.
• State Debt Settlement Laws: We comply with all state-specific debt settlement and debt management laws in the states where we are licensed.

DebtExit is a member in good standing of the American Fair Credit Council (AFCC), the leading industry association for debt settlement companies, and adheres to its best practices and code of conduct.

8. Affiliate and Referral Disclosure

DebtExit may maintain referral or affiliate relationships with third-party services, including but not limited to credit monitoring services, tax professionals, legal aid organizations, and financial education resources.

If you are referred to our services through a third-party affiliate, we may pay that affiliate a referral fee. This does not affect the fees you pay or the quality of service you receive. All affiliate relationships are disclosed when required by law.

Links on our website to third-party websites are provided for informational purposes only. DebtExit does not endorse, control, or assume responsibility for the content or practices of any third-party website.

9. Website and Content Disclaimer

The information on this website is provided "as is" without warranty of any kind, express or implied. DebtExit makes no representations or warranties regarding the accuracy, completeness, or suitability of the information on this Site for any particular purpose.

We reserve the right to modify, update, or remove any content on this website at any time without notice. We are not responsible for any errors or omissions in the content, or for the results obtained from the use of such content.

DebtExit is not responsible for any content shared on third-party review sites, social media platforms, or other external sources, even if such content references our company.

10. FTC Telemarketing Sales Rule (TSR) Compliance Statement

In full compliance with the FTC's Telemarketing Sales Rule (16 CFR Part 310) governing for-profit debt relief companies, DebtExit discloses the following before enrollment:

• The amount of time the program will take to produce results
• The amount of money or the percentage of the debt the client must save before we will make a bona fide settlement offer
• All material risks associated with the debt settlement program, including potential negative impact on credit, possible lawsuits, and tax consequences
• That not all creditors will negotiate or agree to settle debts
• That the program may result in creditor or collector lawsuits
• That we do not provide legal advice or legal services

All these disclosures are made clearly and prominently before any enrollment agreement is signed and before any fees are collected.

11. Questions About Our Disclosures

If you have questions about any of the disclosures, licenses, or disclaimers on this page, please contact our Compliance Department:

• Email: compliance@mydebtexit.com
• Phone: 1-800-555-0199
• Mail: DebtExit Financial Services, LLC — Attn: Compliance Department, 1250 Financial Plaza, Suite 400, Dallas, TX 75201