Cornwells Heights Debt Settlement Attorneys — 2 found

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  1. Cornwells Heights Debt Settlement Attorney Felix Velter

    Felix Velter Pro

    Felix Velter is an attorney in Philadelphia, Pennsylvania focusing on various areas... more
    Licensed for 7 years - 30 Min Free Consultation


  2. Cornwells Heights Debt Settlement Attorney Rizwan M Khalid

    Rizwan Khalid

    267-423-6032. The information... more
    Licensed for 2 years - 10 Min Free Consultation


Debt Settlement

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.