The Fine Print, In Plain English
Disclosures & terms
We compete with an industry famous for burying the truth in fine print. So here's ours, written to be actually read.
What Heal Thy Debts is — and is not
- Heal Thy Debts is an educational software platform. We provide legal and financial information, document templates, calculators, and organizational tools.
- We are NOT a law firm, and no attorney–client relationship is created by using this site. Our content is legal information, not legal advice tailored to your situation.
- We are NOT a debt settlement company, debt adjuster, or credit services organization. We do not negotiate with creditors on your behalf, contact creditors for you, or act as an intermediary of any kind.
- We do NOT hold, receive, transmit, or manage your money. Any payment you make to a creditor goes directly from you to them.
- We are NOT a credit repair organization and make no representations about improving your credit score.
No guarantees
- Settlement outcomes depend on your creditors, your circumstances, and your follow-through. Example figures on this site (such as typical settlement percentages) are educational illustrations, not promises.
- Laws summarized on this site change. We work to keep state-law content current, but you must verify current law with official sources or a licensed attorney before relying on it.
Important warnings we want you to read
- Making a payment on, or acknowledging, an old debt can restart the statute of limitations in many states. Check before you act.
- Forgiven debt of $600 or more may be reported to the IRS on Form 1099-C and may be taxable income unless an exclusion (such as insolvency) applies.
- If you have been sued, deadlines are short and a default judgment is severe. Consult a licensed attorney immediately — many consumer attorneys offer free consultations and legal aid is free for those who qualify.
- Stopping payments on current accounts will damage your credit. Nothing on this site advises you to stop paying any debt.
Your data
- The debt tracker, letter generator, and action plan run in your browser. The financial details you type into them are stored on your device (localStorage) and are not transmitted to our servers.
- If we introduce accounts and payments, those features will come with a full privacy policy describing exactly what is collected and why.
Referrals
- We accept no referral fees, commissions, or compensation of any kind from attorneys, law firms, or any organization we link to. Listings are included on merit alone.
Questions about these terms? We'll publish a contact address at launch. Before launching commercially, these terms and all marketing copy should be reviewed by a consumer-finance attorney licensed in your operating state.