The goal of creditor negotiation is to work out a payment arrangement with creditors
on behalf of a client. Not all creditors are willing to enter into such a plan. However,
savvy creditors will sometimes negotiate with an attorney rather than seeing the debt become
uncollectable. In some instances debt negotiation may be preferable to bankruptcy.
When to Consider a Creditor Negotiation:
You could pay the creditor, it the payments could be reduced.
You want to avoid having a bankruptcy on your credit report.
You financial difficulties are very short term.
The problem is primarily with one or a few creditors.
You have filed for Chapter 7 bankruptcy in the last 8 years.
If you need professional help negotiating with your creditors, give us a call.