Naples Debt Resolution Attorney
Resolving Debt for Clients in Naples, Florida and Surrounding Areas
In today's recessionary times, more and more individuals and families are in need of practical solutions for handling debt overload. Many solutions exist, including filing for personal bankruptcy, debt consolidation, and debt settlement. For those who wish to avoid bankruptcy, debt settlement can be an effective way to reduce both secured and unsecured debt, including credit card debt, medical bills, and more. At the Debt Resolution Law Group, we have been assisting clients in resolving their debt for 10 years, with $10 million of secured and unsecured debt resolved in settlements. We offer a free consultation with a Naples debt settlement attorney to help you get started in handling your financial distress involving overwhelming debt.
How Debt Settlement Works
Debt settlement is also referred to as debt arbitration, debt negotiation, and credit settlement. It is not the same as debt consolidation. In debt settlement, our attorney will negotiate on your behalf with your creditors for a reduction in the balance of your debt. Generally, you will make monthly payments into a special trust account and not to your creditors until they decide to settle. Creditors often will find it more to their financial benefit to agree to a reduced balance settlement with a debtor as opposed to trying to collect through a bankruptcy court or turning delinquent accounts over to collection agencies, who may take massive commissions on any funds they recover.
Creditors will generally come to a quicker and more favorable debt settlement amount through the experienced intervention of a Naples debt settlement lawyer on our legal team than if you tried to settle on your own. Because our firm has been handling debt settlement for many years, we have the skills and tools to be effective in making this type of program work.
Contact a Naples debt settlement attorneyat the firm to get started on resolving your secured and unsecured debt crisis today.