ATTORNEY PROFILE Matthew Foley is an Bankruptcy attorney that has filed thousands of consumer and business bankruptcies for families and small businesses throughout Arizona. His... more
ATTORNEY PROFILE Matthew Foley is an Bankruptcy attorney that has filed thousands of consumer and business bankruptcies for families and small businesses throughout Arizona. His breadth of practice encompasses bankruptcy, debt settlements, negotiations, loan modifications. Having touched the lives of thousands of Arizona clients with achieving debt relief, Mr. Foley has a vast kn... view profile
If you owe a large amount of money on unsecured debts, you may require the services of a debt settlement lawyer. Unsecured debts include medical bills, student loans, credit cards, store and gas cards, personal loans, collection accounts, and bounced checks. For these sorts of debts, lenders will usually accept less than the full amount if it's clear you don't have the money to pay them (especially if the original amount has continued to grow with interest, late charges, and collection costs). A debt settlement attorney can negotiate with the lender and objectively present the facts in your case. Oftentimes, unsecured debt lenders would rather settle with you than take a chance on getting nothing if you file for bankruptcy. If the negotiation is successful, the creditor may even be convinced to take the settled debt off your credit history.