Debt Settlement

Debt Settlement

With the current challenges in today’s economy, more and more people are hearing about bankruptcy, foreclosure and debt settlement. It is hard to watch the news and not hear about people suffering from unexpected job cuts and mounting debt. Over the years, our firm has come to understand how financial obligations can impact the lives of our clients. We are constantly seeking new solutions to help our clients improve their financial situations. One solution that we have found to be beneficial for some of our clients is a process called debt settlement.

Debt settlement involves negotiations with a person’s creditor and usually occurs when a person has fallen behind on his or her bills. During debt settlement, the goal is to come up with a mutually agreed upon settlement amount. Believe it or not, this process presents advantages for the person in debt and the creditor because the creditor gets paid and avoids having to pay legal fees to collect debt. Additionally, the person in debt may actually save money by settling his or her debt for less than the balance originally owed. Alliance Legal Group understands the challenges people face when they are dealing with debt and creditors. We aim to provide effective solutions that put an end to people’s financial struggles. Throughout our years of practice, we have seen first-hand how debt settlement can lead to our clients saving money. When you work with our bankruptcy attorneys, we will do all that we can to make sure negotiations with your creditors are successful so you can regain your financial stability.

Debt Settlement Lawyers

Getting the advice you need is easy when you set up a free consultation with Alliance Legal Group bankruptcy attorneys. During your consultation, we will take the time to understand your financial situation before dispensing advice. After gaining a solid understanding of your income, debt and assets, we will create a tailored plan to resolve your debt that is reflective of your financial goals.

We will also inform you of your rights under the Fair Debt Collection Practices Act (FDCPA). This Act was established in 1978, and its purpose is to put an end to abusive practices used by creditors and collection agencies. The FDCPA promotes fair collection of debt. The Act also clearly defines the rights of consumers and outlines penalties for collectors who violate the Act’s guidelines. Our firm knows that an alarming number of people are not aware of their rights under the FDCPA and are subjected to ongoing debt harassment. When you consult with our attorneys, you will not only understand your rights as a consumer, but also learn how to enforce the very laws that protect you.

Considering Debt Settlement?

If you are wondering if debt settlement is a good option for you, know that you have nothing to lose by setting up a free, no obligation consultation with Alliance Legal Group. Our knowledge of federal and state debt settlement laws and experience negotiating favorable settlement allows us to aggressively represent our clients.

To learn how you can take steps toward re-establishing your financial security, call Alliance Legal Group today at (877) 560-4440 or contact us online. Our firm offers affordable, flat fees and payment plans that are practical for most budgets.