Debt settlement can be a good option for resolving debts, including judgments. Many creditors will negotiate lump-sum settlements of debts or, in some cases, payment arrangements.
However, negotiating with creditors or debt collectors without the asistance of an attorney can be costly. Often, an attorney can help you reach a much better settlement than you could reach on your own. However, debt settlement can have tax and other financial consequences.
It is important to explore all of your options before committing to debt settlement. At the least, before entering into negotiations with a creditor over any significant debt, be sure to speak to an with an experienced debt settlement attorney. >>More