Custom Debt Settlement
Debt settlement is a method to reduce your original debt in which you and the creditor agree on a reduced balance which will be treated as a payment in full.
We offer custom debt settlement options where you will be represented by an Attorney who will fight to settle your debt(s). Many times creditors would prefer to settle an account or dispute instead of risking no recovery at all. Although there is never any guarantee of settlement or settlement in a desired range, many times creditors will settle from anywhere within the 10%-60% range.
If you have the funds to make some kind of settlement, your creditor may eventually become interested after some negotiations with an attorney. If you are eligible for Chapter 7 but prefer to settle, many times we can negotiate settling a debt by threatening to file Chapter 7 bankruptcy if the debt is not settled. In such situations, “something” is usually better than “nothing” for most creditors.
Since there usually is an advantage in having an experienced attorney settle your debts, it is strongly recommended to call Indianapolis Attorney John Bymaster to set up a free initial consultation. In the consultation you will get to talk to John face-to-face. John will be able to give you some legal advice on what to do.
If you choose to try to settle your debts, John will get some information from you about your creditors. Together you can set a realistic goal on what you would like the debt settled for.
“Debt settlement can be a powerful tool for anyone who has too many assets to file bankruptcy. It can also be effective for avoiding bankruptcy when you have the desire and ability to make settlements. We will get you to an attorney who will very affordably settle your debts.” – Debtor Attorney John Forest Bymaster