Settling Your Debts, Saving Money, Getting On With Your Life
Debt negotiation with our firm is a means of saving money on collection accounts or delinquent debts and reducing your overall indebtedness by as much as possible with the resources you have available. All settlements are confirmed in writing before payment. Payment is usually made directly by the client to the creditor. You are in control. We simply perform all the negotiations and advise you when we think that a deal is worth acting on.
Is the Debt Valid?
We also investigate the validity of the debt itself. In some cases, if we see that a debt collector has violated consumer protection laws, we may be able to use that as leverage to gain an advantage in negotiations.
We can also attempt to negotiate “payment for deletion” in which the negative listing is deleted as part of the settlement agreement.
Keep in mind that the success of payment for deletion negotiations depends heavily on the cooperation of the creditor.
However, if we are not successful with payment for deletion, you may authorize us to convert our efforts back to the “lowest possible sum” approach. Then, after a pay-off is negotiated, the chances that an item will be deleted through standard credit repair services generally increases.
What about my taxes?
Please keep in mind that debt settlement sometimes results in a creditor reporting the “savings” to the IRS which can result in the consumer paying taxes on the savings as if it were income. We recommend you check with your tax consultant on this issue.
Our Fees
We charge an hourly fee for our services. Our attorney fees are $125 per hour for Associate Attorneys. We estimate that each account will require approximately two (2) hours of attorney time to resolve. We require a $250 deposit for estimated fees.
This deposit is refundable so that any unearned fees left at the time that you discharge us would be returned to you. Of course, we cannot guarantee specific results.
Ready to get started? Call us at (888) 922-2367.