If you are struggling under unrelenting debt that you cannot seem to get on top of, there are several options you should consider for eliminating or decreasing the amount you owe to creditors.
Debt settlement is one option that may be effective in your situation.
Negotiating your debt allows you to work with creditors to restructure your financial obligations, reduce the amount you owe and establish a new payment plan that works better for your financial situation.
This is a complicated option for relieving your debt, so it is in your best interest to speak with our experienced Cincinnati debt settlement lawyers about your options for debt negotiation. To learn more or get started, consult with a bankruptcy attorney today.
What is a Debt Settlement?
When your debt has become too much to take on alone, it is important to contact an experienced attorney to discuss your options for debt relief. Our legal team is skilled in helping our clients find the best option for handling their debt.
For many, debt settlement may be the best option and a viable alternative to bankruptcy. By
negotiating your debt, our attorneys can help create a new repayment plan with your creditors that will better allow you to make consistent payments and pay off your debt.
Some valuable benefits of debt settlement include:
- Reducing the amount of debt you have to pay
- Paying off a large portion of your debt at once
- Extending your repayment period
- Lowering interest rates
The goal of this process is to get your debt down to zero, or marked as fully paid, by negotiating a lump sum payment or a payment plan that your creditor will accept and is lower than the full amount you owe.
Debt negotiation is not available on all forms of debt, but should be an option for personal loans, payday loans, medical bills and credit card bills.
It is important to note that a successful debt settlement is not guaranteed. However, our Cincinnati debt settlement attorneys are experienced in handling these types of cases and can help you work toward overcoming your debt.
How Our Attorneys Can Help
If you are considering your options for debt relief and are thinking about pursuing debt negotiation, it is vital that you speak with a qualified debt settlement lawyer. Debt negotiation is a very complicated process that requires knowledge of debt laws and tremendous negotiating skills.
Our Cincinnati debt relief lawyers are skilled in working with creditors to the benefit of our clients. You can trust that we will place your best interests at the forefront of everything we do and that we will work to make sure you are making smart decisions about your debt.
At O'Connor, Acciani and Levy, we understand that an unexpected injury or loss of a job can send your finances spiraling out of control. If your debt is no longer manageable and you have debt collectors and creditors harassing you, you need to contact an experienced attorney.
In a free, no obligation consultation, our Cincinnati debt settlement lawyers will speak openly and frankly with you about your options. If debt negotiation is right for you, we will guide you through the entire process and help you overcome your debt.
Contact us today for a free consultation with our attorneys and to discuss your debt relief options. We are committed to protecting your rights and personal possessions.
