There are many people in Phoenix, Queen Creek or the surrounding towns that find themselves struggling to manage their credit card debt, student loans, second mortgages and other loans. Credit card companies and banks will quickly raise your interest rates as soon as you miss a payment, which makes life much harder to deal with. One way out of this experience is to settle your debt with your creditors. This is not always an easy process, but it is something we have helped our clients be successful in achieving.
Debt settlement is a process that will take place outside of court. The first step would be for your attorney to contact your creditors to negotiate a favorable arrangement for payment. If a settlement is reached, then you will be required to pay a single payment of the agreed upon amount. The good news is that it will only be a portion of what you already owed to your creditors instead of the full amount. Through this process, you will be able to repay your debt at a faster rate.
At Daniel Taylor Law, P.C., we believe debt settlements can have a winning strategy. No two people are the same nor should they be treated that way. We focus on understanding your unique scenario so that we can put you in the best position possible after this process. We want to make sure we protect your assets and have you pay as little as possible in any debt negotiations. Fill out the contact form below to get your FREE one hour strategy call.