Las Vegas Debt Settlement
YOU HAVE RIGHTS
Much like a professional athlete or television star, you have the right to attempt to renegotiate any contract at any time. In essence, that’s what Las Vegas debt settlement is: a renegotiation of what you owe a creditor to a lower amount. Debt settlement can get you out of debt without bankruptcy.
Now, contract negotiation can be tricky at times, and that’s why athletes and actors have teams agents and attorneys to handle it for them. At Peters and Associates, we’re your agent and your lawyer. We’ll negotiate with your creditors to reduce the amount you owe. This is very different from debt consolidation or even credit counseling who’s goal is to lower interest rates or payments. Your Peters and Associates attorney will LOWER THE AMOUNT YOU OWE your creditors. Typically, you’ll wind up paying back 20% to 40% of the total balance. (results may vary)
But generically speaking, if you:
-Don’t qualify for Chapter 7 bankruptcy.
-Or, Don’t want to file bankruptcy.
-Have experience saving toward a goal.
-And, can see yourself able to save up to 50% of your total debt within 12-18 months
Then debt settlement may be the right option. But you don’t have to worry! The lawyers at P and A have experience with bankruptcy AND debt settlement. During your free consultation, they’ll explain the benefits and differences between both services rather than try to force you in to one or the other like some other lawyers do. Don’t go to a lawyer that only does BK. Get all your options: Come to P and A!
2. Make sure the attorney handles ALL ASPECTS of Debt Relief. – If a law firm doesn’t handle bankruptcy AND debt settlement, they’ll probably advise you that the one they sell is your best option. When your only tool is a hammer…
3. Check the attorneys reputation on the BBB website.
4. Ask to see a portfolio of some of the firm’s executed settlements – Testimonials
5. Other than the fee for the attorney’s service, no reputable settlement firm should “hold your money in trust” or tell you to make payments to them and they’ll pay your creditors – It’s your money, you should be holding on to it until settlements are executed.
6. Beware of monthly fees. – If a firm wants to charge you $50 or $100/month as a maintenance fee as long as you’re a client, what incentive do they have to finish your file? You should know ALL attorney’s fees up-front, before you EVER pay a dime. It should be a fixed number that doesn’t change based on time / results.