Debt Settlement
Do you need financial relief? Many Americans find themselves in this situation these days. According to the American Psychological Association as much as 80% of our population is experiencing higher levels of stress concerning their monthly budget and meeting their family's basic needs. Job loss, pay reduction, and medical emergencies can play havoc with your ability to make ends meet. Worries about foreclosure prevention, late payment charges and increasing interest rates only make it more difficult to keep up. This type of stress can affect your ability to get a good night's sleep and may affect your general health. You may even have considered
chapter 7 bankruptcy or
chapter 13 at some point. Take positive action to relieve your situation by talking with a lawyer about debt settlement.
Coming to an Agreement with Your Creditor
Debt settlement can help you with:
- Automobile repossession
- Medical bills
- Business loans
- Unsecured loans
- Lawsuits
- Credit cards
- Unsecured personal line of credit
- Credit Unions
A debt settlement lawyer can contact each of your creditors to negotiate an agreement to pay a portion of the total debt. The process can limit harassing phone calls, and put a stop to penalties and late fees. This negotiated amount, if you can come to an agreement with your creditor, will count as payment in full of your debt. We have the knowledge of financial matters and the law which is needed to successfully negotiate a payment plan that will work for you.
Debt settlement lowers your unsecured debt and the creditor is still likely to receive a larger portion of the amount owed than in a bankruptcy. With our experience we can help you to create a financial plan and gain relief from harassment or creditor misconduct so you can have confidence about the future. A
bankruptcy lawyer at Price Law Group can guide you through the process and help you gain a new start. Put our experience to work for you.