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OUT-OF-COURT DEBT WORKOUTS

Debt Negotiation Lawyers

Cincinnati, Ohio

The Ohio law firm of O’Connor Acciani & Levy, LLC has helped clients avoid bankruptcy for over 27 years. Our debt relief and bankruptcy attorneys negotiate settlements with creditors in the best interest of our clients. One of the reasons a client contacts us is to achieve credit card debt relief.

These debt negotiation settlements, known as workouts, allow you to set up payment plans or equity exchanges instead of filing for Chapter 7 or Chapter 13 bankruptcy. For a free initial consultation, call our debt relief and bankruptcy lawyers at 513-241-7111 or contact us via email.

When you are overwhelmed with debt, our lawyers can analyze your individual situation and suggest a workout plan for settling your credit obligations. Using a combination of renegotiated leases, extended payment plans, debt reduction, equity trades and wage garnishment, we will show you how to avoid bankruptcy court.

Avoiding bankruptcy is your most powerful bargaining chip, and most creditors will support your effort when we present reimbursement options that are more beneficial to them than your bankruptcy. There are no guarantees of creditor payment when a debtor files bankruptcy; the debtor’s assets are not distributed equally among creditors.

Most creditors are anxious to settle with debtors and move on. They are willing to work out terms that are agreeable to both parties. In these cases, we pursue a workout arrangement. Other creditors may be unreasonable, and insist on holding out for a higher payment. Out-of-court negotiations can be difficult if a debtor has many creditors, and it’s often more expensive than bankruptcy alternatives.

If you are a business owner, we will work to ensure that you control most of your assets and your business continues to operate during the debt settlement negotiation. All arrangements are made without court proceedings, saving you court costs and filing fees.

After determining that the best debt relief option available to you is arranging a workout plan, our debt workout lawyers will present a strategy to you, negotiate with your creditors and coordinate the debt negotiation settlements and paperwork. At O’Connor Acciani & Levy, LLC, we specialize in financial quagmires. Let us help you leave debt behind and make a fresh start.

Based in Cincinnati, the law offices of O’Connor Acciani & Levy, LLC provide bankruptcy assistance to individuals and businesses in Ohio and Kentucky. Call 513-241-7111 today and talk to an experienced debt relief / bankruptcy lawyer or contact us via email.