© 2026 McKenzie Adams. All rights reserved.
Service availability varies by state. Debt Relief is not available in Georgia, New Jersey, New York, North Carolina or Ohio. In Illinois, the Debt Relief fee is 15% of the amount saved, the statutory maximum. See what we offer in your state.
McKenzie Adams is not a law firm and does not provide legal advice. We are not a bank or a lender.
Footnotes
- We charge no fee of any kind before settling a debt. Federal law (16 C.F.R. §310.4(a)(5)) prohibits requesting or receiving any fee until a creditor has agreed in writing to settle a specific debt, you have made at least one payment under that agreement, and the fee reflects the agreed percentage of the saving on that debt.
- Our Debt Relief fee is 25% of the amount saved — the balance owed at enrolment minus the amount actually paid to settle — applied identically to every enrolled debt. It is not a percentage of enrolled debt. In Illinois the fee is 15% of savings, the statutory maximum under 225 ILCS 429/125.
- All savings figures are the arithmetic difference between the balance owed at enrolment and the amount actually paid to settle that debt. Comparison figures reflect prices actually offered; we do not compare against invented list prices. Individual results vary and are not guaranteed.
- Your dedicated account is administered by CFTPay and held at an insured financial institution. You own the funds and any interest. CFTPay is not owned by or affiliated with McKenzie Adams and neither party pays the other referral compensation. You may withdraw at any time without penalty and receive all funds, other than fees lawfully earned, within seven business days. The $9.95 setup and $9.95/month account charge is paid by you to CFTPay and passed through at cost; it is not McKenzie Adams revenue.
- McKenzie Adams provides substantial assistance in negotiating settlements with your creditors as described in 16 C.F.R. §310.3(b). Debt settlement programmes can adversely affect your credit, may lead to collection activity or lawsuits, and balances may grow through accrued interest and fees until a debt is settled.
- You have rights under the federal Credit Repair Organizations Act, including the right to cancel within 3 business days without charge. We provide the written Consumer Credit File Rights statement and any state cancellation notices before you sign, and no fee is collected before services are fully performed. No credit repair service can guarantee a specific score outcome.
- Mortgage Preparation includes credit-file dispute work and is therefore a credit repair service under the Credit Repair Organizations Act; all CROA rights and cancellation terms apply to it.
- The Business Care free tier is free permanently — it is not a trial and no card is required. The personal score check uses a soft pull made only with your written consent; soft pulls do not affect your credit score.
- Formation is $0 in professional fees. State filing fees ($35–$500 depending on the state) are charged by your state and passed through at cost with no mark-up.
- The Foundation instalment option is three monthly payments of $499 ($1,497 total). It is a payment plan, not a loan: there is no interest, no finance charge and no credit check.
- Annual report filing requirements, due dates and state fees vary by state; state fees are passed through at cost.
- A DUNS number is available free of charge directly from Dun & Bradstreet. Our service registers and structures your business credit files for you; you are paying for that work, not for the number itself.
- Under the FCC's ruling of 8 February 2024, outbound calls using AI-generated voice require the recipient's prior express written consent under the TCPA. Neria AI receptionists are configured inbound-only by default.
- Forgiven debt of $600 or more is generally reported to the IRS on Form 1099-C and may be taxable income unless an exclusion applies. Under IRC §108, debt forgiven while you are insolvent may be excluded via IRS Form 982. We prepare the insolvency worksheet and Form 982 filing; we are not a tax advisory firm and complex situations may need a CPA.
- Loan modification assistance is regulated by the federal MARS Rule (12 C.F.R. Part 1015): no fee may be collected until your servicer makes a written modification offer and you accept it. Illinois caps the fee at one month's principal and interest (765 ILCS 940/70). In California, Civil Code §2945.45 requires foreclosure consultants to register with the Department of Justice and post a $100,000 bond — we hold that registration — and §2944.7 bars any billing until the service is fully performed, which is how we bill in every state.
- Payment-reduction figures for modification programmes are drawn from Federal Housing Finance Agency published data on completed Fannie Mae and Freddie Mac loan modifications. Your servicer's decision and terms are its own; no outcome is guaranteed.
