There are three main kinds of debt that tend to get overwhelming quickly after a life change event that affects your finances such as unexpected illness or accident, dissolution of a marriage or loss of a job. All of these can take a tight budget and make it unmanageable for secured debt such as an auto loan or mortgage, unsecured debt like credit cards or student loans. A debt negotiation lawyer can get your creditors to back off and work on your behalf to help you get back on track with your finances.
When you work with our team of professionals at Galler Law, we will work with you one-on-one and look over your current financial situation and determine if settlement of your debt through negotiations on your behalf is the best process for your individual situation.
If it is determined that debt negotiation and settlement is the best option, we will negotiate with your creditors on your behalf to reduce the amount you owe. This is not consumer credit counseling, which can leave your debts in a past-due status on your credit report until paid off. Instead we get your creditors to agree on a lesser amount, better interest rates when possible and a payment schedule you can live with based on your current financial situation. If you think you are too much in debt to consider this option, it is not uncommon for individuals to carry $20,000, $30,000, even $50,000 or more of credit card or other unsecured debt, and we can help you too.
Getting a consultation could not be easier. Gather up all the bills and accounts you want us to negotiate for you and get a free consultation. We offer both in-office appointments as well as virtual meetings from the safety and comfort of your home. Contact us today to schedule an in-person or virtual consultation.