- We've helped over 1,000 families each clear on average $52,373 of debt.
- Our users often file within 10 days of starting.
- Our award winning nonprofit's help is 100% free.
Transparency is one of our nonprofit’s core values. That’s why it’s important to us that you know how Upsolve stays free, how we spend our money, and who owns Upsolve.
How is Upsolve free?
Upsolve is free for three reasons. First, we receive funding from the government. We’re lucky that the government believes that low-income people should receive free access to legal services. The government gives us funding to build and maintain our free tool.
Second, we receive funding from charitable foundations and individuals. Some of these individuals are wealthy people who want to give back. Some of them are Upsolve users who want to pay it forward.
Third, we generate revenue by providing referrals to attorneys via our partner LegalZoom, when people ask for them, because we recognize the limits of our software and know that a free consultation with an attorney can help the individual assess whether bankruptcy is the right option. We make no representation of the quality of these private attorneys and they have no affiliation with Upsolve. Many people decide, following their free consultation, not to file for bankruptcy.
How does Upsolve spend money?
Our number one expense is salaries. Running a technology nonprofit is expensive, as it requires a specialized set of skills that we need to hire for. We also spend money on our office rent, traveling to conferences, insurance, software, and marketing. We spend a small amount of money on accounting and bookkeeping, team building, and office supplies.
Who Owns Upsolve?
We’re a nonprofit. This means that the American people own Upsolve. You own Upsolve just as much as I do.
Rohan, CEO and Co-Founder