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Debt Reduction

Many consumer attorneys recommend bankruptcy as a knee-jerk response to large debt obligations. However, bankruptcy is not always the answer. Negotiating debt reduction can be a very effective way of reducing debt.

The voyage of consumer debt is all too familiar - the original lender wrote of the debt and sold it to a debt collector. We all know that these defaulted debts were purchased for pennies-on-the-dollar. So, the new debt collector's ears are open to offers in compromise. Whatever they eventually accepts is going to be mostly profit. Call the debt collector. Offer less. Offer payment now! See if they will bite.

A word of caution - make sure that you know who you are dealing with. You want to make sure that the person/entity that you are paying is the actual owner of the debt and has the authority to discharge that debt.

An attorney can help in a settlement negotiation on lawsuits for a Debt Reduction. If you would like to know your options, please contact my office at 888-877-5103 or email me to set up a free consultation.

Please contact me for a free consultation about debt reduction.

Contact Us by Calling Toll Free 1.888.877.5103 to Schedule a Confidential and FREE Legal Consultation.

N. James Turner proudly serves the Garnishment and Consumer Rights legal needs for residents of Orlando, Kissimmee, Orange County, Osceola County, Seminole County, and throughout Central Florida.

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