Tim is a 1998 Graduate of the Oklahoma City University School of Law where he graduated with honors, served as a Staff Editor on the Oklahoma City University Law Review, and was a... more
Tim is a 1998 Graduate of the Oklahoma City University School of Law where he graduated with honors, served as a Staff Editor on the Oklahoma City University Law Review, and was a member of the Moot Court Honors Board for three consecutive years. While attending Law School, Tim worked full time during the day at a six attorney Civil Litigation law firm, and attended Law School in the evenings.... 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.