Please see my website, at ruthallenlaw.com. Ms. Allenhas many years of experience in the legal field. A 2005 graduate of North Carolina Central University School of Law, Ruth M. Allen... more
Please see my website, at ruthallenlaw.com. Ms. Allenhas many years of experience in the legal field. A 2005 graduate of North Carolina Central University School of Law, Ruth M. Allen was formerly a Certified Legal Assistant for 15 years. Her experience includes estate planning and probate, guardianship matters, and consumer advocacy. She serves as a Guardian Ad Litem in Wake County, and has ... 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.