Do You Qualify For Debt Settlement?
A debt settlement company does not have the authorization to contact creditors directly. If you find that your debts are on the verge of landing you in court, it is best that you contact a debt settlement firm. Our attorneys possess the experience and knowledge to effectively negotiate with your creditors to keep you out of court and keep you from paying the high court costs and other fees. It is important that you handle the situation as quickly as possible to prevent being summoned to court.
A law firm will distribute power of attorneys to each of your creditors. This will allow you some peace of mind, since it is unlawful for a creditor to contact you once you have retained a law firm to represent you. The creditor will only be allowed to speak with the law firm or attorney regarding payment issues or negotiations.
Debt settlement companies are not bound to answer to a higher authority, but a debt settlement attorney is. A debt settlement attorney must follow a strict code of legal procedure. You can rest assured that the debt settlement firm will handle your situation in a legal manner, and will do everything in their power to keep you from filing bankruptcy. A debt settlement company does not possess this power.