Debt Settlement Attorneys in Carthage, Missouri
Practice Areas
When life throws you unexpected circumstances, it can be easy to get behind on payments. Debt settlement is the process of contacting your creditor or debt collector and negotiating down your debt to be paid off quickly. Depending of the terms of the negotiation, you may continue to have lower monthly payments, or you can make a lump sum payment.
Debt Settlement vs Debt Consolidation
Debt consolidation, not debt settlement, is a proceeding by which you obtain a new loan to pay off all of your old loans. The terms of the loan may be different, but you still owe the same amount of money. A debt consolidation may be a good idea, but be sure to read all of the fine print so that you do not make your financial future worse.
Our Attorneys Can Help
The attorneys at Checkett, Pauly, Bay & Morgan, LLC, can help you with a debt settlement, also called a debt workout. Using this alternative, the amount of your debt is actually reduced since we negotiate with your creditors for you.
You Have Rights. Use Them.
Decades of Experience
We have decades of experience in negotiations with credit card companies and other lenders. We often get contacted once a credit card company files a lawsuit, and we can defend lawsuits filed against you by credit card companies and other lenders.
It is important that you use experienced legal counsel in all such actions because not only are the terms of the settlement important, but any forgiven debt may result in adverse income tax consequences. The attorneys at Checkett, Pauly, Bay & Morgan, LLC, know all of the ins and outs of such negotiations and are ready to help you with this non-bankruptcy debt relief alternative.
Contact Checkett, Pauly, Bay & Morgan, LLC
Don't fall for debt settlement scams, our attorneys can help negotiation down the amount you owe. Contact our attorneys today.