The Keys To Debt Negotiation
Debt happens. It’s an unfortunate part of life for most people who have to work for a living. People don’t just walk into adulthood just hoping to rack up some mounting debt that will follow them around for the foreseeable future. Luckily, we here at Benner & Weinkauf know what it takes to get you back on track. Debt negotiation can be a tricky process, but we’re up to the challenge. With us in your corner, you’ll be able to see a light at the end of the tunnel. Financial security can be closer than you think.
More Experience, Better Peace Of Mind
Debt negotiation is best left to the professionals. With our extensive experience in the legal field, we have the know-how and industry standing to negotiate your debt to a reasonable amount. Whether it’s declaring bankruptcy and building up from there or reaching a settlement that is more affordable for your income, we’ll take the time to find the best solution that works with your specific set of needs. From our work with countless clients, we’ve come to understand what it takes to solve any sort of debt-related issues. For most, it gives them comfort to know that bankruptcy law protects them and their assets. By making the right choices and stopping your debts before they get any more out of control, you’ll have a newfound peace of mind.
Without debt negotiation, you can be stuck in a continuous cycle of penalties, interest fees, and even repossession. If these creditors don’t get their money and if they don’t have any reason to understand your financial plight, they will continue to pluck away and make your life more difficult. There’s no shortage of ways that creditors can act to get their money back. Even if they know it’s not going to be the full amount, they will act swiftly to recoup their lost payments, possibly leaving your destitute in the process. The good news is that they would rather not do this. By contacting our team of legal specialists, we’ll be able to explain your financial situation to them and figure out the best course of action as a result.
The Benefits of Chapter 13 Bankruptcy
If you do choose to pursue bankruptcy, Chapter 13 can be a life-saving option. For example, by filing, these creditors will no longer have the means to legally repossess your vehicle. It is little tricks of the industry like this that will prevent you from having your livelihood taken away by your lenders. As for settlements, we will many times be able to lower the amount of your debt if not disregard it completely due to the protections given under bankruptcy law. If you’re down and out, these collectors will have no choice but to try to recoup their money in different ways, saving you money and heartache along the way.
It’s important to show that you’re trying. This shouldn’t be something that you try to tackle alone, the penalties and interest fees can quickly mount up if you stick with trying to pay your original debt balance even though you know it is out of your means. Together, we will work to negotiate the best possible solution for your debt. To find out what we can do to help you today, give us a call. We’ll be standing by to help.