debt settlement

Debt Settlement

Debt Settlement Lawyers

Are you trying to decide if you should do debt settlement or file bankruptcy to help relieve of creditors harassing you? If you are wondering what the best option is, then you have come to the right place. Debt settlement is an alternative to bankruptcy. This can be a viable option for many people if they are struggling to pay their debts every month.

What Is Debt Settlement?

Debt Settlement is the process of negotiating debts directly with your creditors. You may wonder why a creditor would want to accept a lesser amount than owed. Many times, creditors understand that people can have hardships. Creditors are often willing to forgive some portion of a debt in exchange for a lump sum settlement amount or through reasonable payments. Creditors are often willing to settle in fear that if they do not settle, they may risk getting nothing if the person decides to file for bankruptcy.

Is Debt Settlement The Right Option For Me?

If you are wondering if debt settlement is the right option for you then you need to know that there are many things to consider. First, you want to look at what kinds of debts you owe and how much you owe them. You will need to determine if your debts are secured or unsecured. If most of your debts are unsecured debts like personal loans, medical bills, car repossessions, utility bills, and credit card debts then you will most likely be able to look into doing debt settlement. Debts that are more difficult to settle are Federal Student loans, government loans, mortgage debts, and active car loans. These debts are more difficult to settle because they are unsecured debt. You also need to take into consideration how quickly you can come up with the money to offer a settlement that will appeal to your creditors.

If you would like to know more about the debt settlement process and determine if this is the right solution for you, call us to talk to a debt relief lawyer. If you hire us, you won’t be working with a debt relief company. Instead, you will be working with a debt relief lawyer that handles all aspects of debt relief including bankruptcy.

Why Hire a Debt Settlement Lawyer?

If you are looking into doing debt settlement to help you financially then hiring a lawyer is the better option. Our lawyers have settled debts with major debt collection companies. Most debt settlement companies charge large monthly fees and don’t actually tell you whether a debt settlement or bankruptcy is the best option for you. Many times, people who enter into debt settlement programs should not have entered into them to begin with. Our lawyers can determine whether they really think debt settlement or bankruptcy would be the right option for you.

Third Party Debt Settlement Companies we have worked with

If you are being sued or garnished or had your bank account levied then you have come to the right place. Our debt- relief lawyers can help you get out of debt so that you can proceed with your life. Our debt lawyers stop invalid debt collection in New York and New Jersey.

Here are examples of some third-party debt relief companies that our firm has settled debts with in the past:

  • Arrow Financial Services LLC
  • Asset Acceptance LLC
  • Atlantic Credit & Finance Inc.
  • Autovest LLC
  • CACH LLC
  • Cavalry Portfolio Services LLC
  • Colorado Capital Investments Inc.
  • JH Portfolio Debt Equities LLC
  • KMT East LLC
  • KMT Group LLC
  • LR Credit LLC
  • LVNV Funding LLC
  • Main Street Acquisition Corp.
  • Metro Portfolios Inc.
  • Midland Funding LLC
  • North Star Capital Acquisition LLC
  • NY Financial Services LLC
  • Palisades Collection LLC
  • Pinpoint Technologies LLC
  • Portfolio Recovery Associates LLC
  • RAB Performance Recoveries LLC
  • Razor Capital LLC
  • Resurgent Capital Services LP
  • RJM Acquisitions LLC
  • Rushmore Recoveries LLC
  • Unifund CCR Partners
  • U.S. Equities Corp.
  • Vion Holdings LLC
  • Winthrop Capital LLC

World Wide Asset Purchasing LLC

I am Being Sued By a Debt Collector

If you are being sued by a debt collection lawyer, contact our office today we have reached settlements for our past clients. Some of the debt collection attorney’s we have worked with in the past are:

  • Pressler, Felt, and Warshaw
  • Pressler & Pressler
  • Cohen & Slamowitz
  • Daniels Norelli Scully & Cecere
  • Deily & Glastetter
  • Eltman Law
  • Forster & Garbus
  • Houslanger & Associates
  • Kirschenbaum Phillips & Levy
  • Lacy Katzen
  • Linda Strumpf
  • Malen & Associates
  • Mel S. Harris & Associates
  • Meyers Saxon Cole

Learn More About How Debt Settlement and Bankruptcy Can help you