Debt Settlement

Debt settlement companies are notorious for being dishonest.  Many do not have a physical address and will take your money without any notice. If handled by a law firm in the correct manner, debt settlement can be beneficial to the consumer.  For example, if you do not qualify for bankruptcy or simply do not want to file, then debt settlement may be a plausible option for you.

Many consumers do not hire legal representation and attempt to settle debt on their own.  An attorney is highly recommended when one is entering into a binding legal contract, and an experienced attorney will make sure that the collection agency adheres to the signed agreement.  Many creditors demand a settlement payment within 24 hours of signing an agreement and will only provide a written confirmation after the money is paid, but this is usually not the case.

Call us for a free consultation and let us examine your financial situation to determine if debt settlement is your best option.