Annah L. Icay earned her Juris Doctor degree from the University of Cincinnati College of Law in 2011. During her education, she served as President of the University of Cincinnati... more
Annah L. Icay earned her Juris Doctor degree from the University of Cincinnati College of Law in 2011. During her education, she served as President of the University of Cincinnati Chapter of the Asian Pacific American Law Student Association (APALSA) and Senior Articles Editor of the Human Rights Quarterly. In 2006 she graduated With High Honor from DePaul University with a Bachelor of ... 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.