Florida Debt Settlement Lawyer

Are you facing a large amount of debt and do not know how you can pay it off? You may be under the impression that you do not have any available options. At LeavenLaw, we handle even the most seemingly hopeless situations and provide legal guidance for those who have emotional stress because of their debt. We can help you examine your financial situation through a free case evaluation that can help us understand whether debt settlement or another debt relief solution will work for you. Feel free to contact a member of our firm who can provide you with the tools necessary to determine the best course of action and to see whether you are a good candidate for this method of debt relief. The first step that a St. Petersburg bankruptcy attorney from our firm can take is to ensure that you have a solid understanding of debt settlement.

Information on Debt Settlement

If choosing to file for bankruptcy does not seem to be in your best interest, debt settlement may be your next option. For those who are no longer able to afford their debt, debt settlement is the next best option. This process includes paying a creditor a sum toward a debt that is lower than the actual amount owed. If the creditor agrees to this plan of action, your debt to the creditor will be considered satisfied and no further attempts at collection can be taken.

Creditors are often willing to agree to debt settlement to avoid either legal action or to not receive payment at all. Litigation can be a costly process that many companies wish to avoid. Through debt settlement, you may be able to pay an amount that is less than half of the original debt. In the best cases, the creditor will settle for an amount that is a quarter of the original amount. This process is a form of debt negotiation because it requires an experienced Florida debt settlement lawyer to speak with the creditor on your behalf.

Debt settlement is a financial tool that can be used to help you ease this heavy burden. Lenders, however, are not under obligation to agree to the settlement and will only do so if it appears to be in their best interests. For that reason, you will want an aggressive and skilled attorney to guide you through this situation. We can help you obtain a more favorable result than you would have been able to on your own.

Are you in need of a St. Petersburg Bankruptcy Lawyer?

At LeavenLaw, we handle a wide variety of debt relief services to our clients. For those who are pursuing debt settlement as their means to becoming debt free, we can help! This is a process that may allow you to negotiate your credit card or other debt and turn it into a payment that you are able to afford. Debt settlement focuses on unsecured debts and removing negative issues from your credit report. If your intention is to settle with the creditor or if you are simply exploring your options, our firm can provide you with the legal knowledge you need.

As your debt settlement lawyer in Florida, we know how to handle your situation to develop a solution that works for everyone. We provide a variety of debt relief services for our clients. Our attorney can work with you to achieve the best results possible. A St. Petersburg bankruptcy attorney from our firm can provide you with the legal help you need to settle your debt with the creditors. We can help you accomplish debt settlement so that you can end the stress that is associated with this financial burden. Contact our firm at your earliest convenience!