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Being overwhelmed with debt you don’t have the means to pay is stressful, and it can be difficult knowing where to begin looking for financial freedom. Fortunately, with the assistance of a debt relief attorney, you may be able to settle your bills for a percentage of what you owe. These legal professionals specialize in resolving debt problems and know what actions to take to ease the burden you face with a minimal amount of hardship. Below is an overview of how they can help you regain control of your finances.

Why You Should Hire a Debt Relief Lawyer

Stop Harassment From Creditors 

When you owe creditors money, they’ll continuously reach out trying to collect on your debt. This can cause even more stress and make it hard for you to focus on your work and family responsibilities. While it’s within their rights to call and send you letters, harassment is against the law. An attorney will investigate to see if a creditor’s behavior is in violation of the Fair Debt Collection Practices Act and use this information to help in your settlement negotiations. Even if you don’t file for bankruptcy, they can also ask creditors to stop contacting you, which should be enough to end the harassment.

Skilled Negotiation 

attorneyDealing with creditors can be intimidating. Because of their knowledge and experience, a lawyer has more leverage to negotiate a favorable debt settlement. They’re familiar with creditors and know what kind of offers they are usually willing to accept to decrease your financial obligation. Having a legal advocate on your side will also provide some clout to your situation and can prevent creditors from threatening a lawsuit. 

Legal Advice & Representation 

Debt settlement isn’t always in the best interests of the debtor. If this is the case in your situation, an attorney can help you explore other possibilities, such as bankruptcy. A debt settlement company won’t advise you on other options. Also, if a creditor does decide to sue you, a lawyer will be able to provide you with a proper legal defense. This is a benefit you won’t have if you try to negotiate a settlement on your own or by using a debt settlement company. 

 

There is no one-size-fits-all debt relief solution, as every individual’s financial situation is unique. Donna C. Crooks Attorney At Law understands this and will take the time to determine which remedy is most suitable for you. With more than 20 years of experience as a practicing attorney, she has helped numerous residents throughout Dothan and Enterprise, AL, successfully move on from their debts with a fresh start. To find out your options, schedule a consultation by calling (334) 598-9534. Visit her website for more information on her legal background.

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