Negotiating For You In Debt Relief Situations
For many people, bankruptcy is not the best solution for solving their financial problems. Debt negotiation often is a better option. The attorneys at Levitt & Slafkes, P.C., in Maplewood, New Jersey, can provide you with experienced insight when considering debt negotiation.
Debt negotiation involves a third party working as an intermediary between you and your creditors to reduce the amount of your debt. Often, a creditor will accept a lower payment instead of being paid nothing. This may be the ideal situation for some people as it usually involves a payment plan that they can fit into their budgets. We will negotiate for you.
Experienced In Helping With Debt Negotiation
Here are three facts you should know about debt negotiation:
- Creditors are not obligated to accept your offer of partial payment.
- Creditors may still be able to sue you for nonpayment, depending on the situation.
- Negotiating your debt will not remove negative information from your credit report.
Plus, it is important to know there are debt consolidation scams that should be avoided. Our attorneys have decades experience and can advocate for you.
If debt negotiation is the best option for you, our attorneys at Levitt & Slafkes, P.C., will work with your creditors to find a reasonable payment plan. If bankruptcy is the way to go, we will guide you through every step.
Our attorneys are available to answer your questions and support you through this process. We find the right solution for your unique circumstances so you can get your finances back on track.
Get A Free Consultation With Proven Attorneys
Levitt & Slafkes, P.C., in Maplewood, New Jersey, was formed specifically to help people who need debt relief. Attorneys Bruce Levitt and Shelley Slafkes each have more than 30 years of experience in solving debt problems. We have helped thousands of people in Essex County and throughout New Jersey get out from under debt. Contact us to schedule a free initial consultation. You can reach us by filling out our online form or by calling 973-313-1200.