Santa Clarita Debt Settlement Lawyer

Settle Your Debt with an Experienced Attorney in Valencia

If you have found yourself buried under a mountain of debt, you may believe that there is nowhere for you to turn. However, even if your case seems to be hopeless, you should still contact a member of our team.

By examining your financial situation, our debt settlement lawyers could help you determine which option is best for you. In some cases, choosing to file for bankruptcy may be in your best interest, but this is not always the case. With careful investigation by Financial Recovery Law, our team can determine if you are good candidate for debt settlement as a form of debt relief.

Ready to Reduce Your Debt? Contact Financial Recovery Law online or call (888) 256-8581 for a free consultation with a Santa Clarita debt settlement attorney. We are here to assist you!

What is Debt Settlement?

Debt settlement involves paying a creditor a lump sum toward one's debt that is less than the full amount owed... at times, paying only 50% of the original debt amount. In some cases, one may even be able to settle a debt for only 25% of the original amount. Should a creditor agree to a settlement, one's debt will be considered "satisfied" once the lump sum payment is received. Creditors will frequently agree to accept such settlements, as their only other option may be to receive no payment at all or possibly to engage in potentially costly litigation. If you are no longer able to afford paying off your debt, this option may work for you.

Benefits of Hiring a Valencia Debt Settlement Attorney

If you're struggling with debt and are considering debt settlement as an option, you may be wondering whether you should hire an attorney to help you with the process.

There are a few reasons to consider doing so:

Knowledge and Experience: An attorney who is well-versed in debt settlement will have the knowledge and experience necessary to negotiate with creditors and debt collectors on your behalf.

Protection from Fraudulent Companies: Hiring an attorney for debt settlement can help protect you from these scams by ensuring that you work with a reputable and trustworthy debt settlement company.

Legal Protection: Hiring an attorney for debt settlement can provide you with legal protection if any issues arise during the debt settlement process. An attorney can review and interpret any legal documents related to the settlement, ensuring that your rights are protected throughout the process.

Lenders are not under any obligation to agree to a settlement. That is why it may be in your best interest to have a persuasive and experienced debt settlement lawyer on your side negotiating and fighting for you.

Who you choose to represent you could make all the difference in the outcome of your case. If you are interested in utilizing debt settlement as a means of easing your financial burden, it is strongly recommended you contact a Valencia debt settlement attorney for help. We can negotiate a settlement with your creditor on your behalf and we may be able to secure more favorable settlement terms than you could obtain on your own. Our lawyers can also help with both individual and business debt settlement.

Get Help from a Trusted Santa Clarita Debt Settlement Attorney

Financial Recovery Law provides all manner of debt relief services for individuals throughout the Valencia area, including filing for bankruptcy, and procuring loan modifications. Since our establishment in 2001, we have successfully aided thousands of clients throughout the Santa Clarita Valley in freeing themselves from overwhelming debt. Contact our offices today, and we will work diligently in an effort to obtain settlement agreements with your creditors that will enable you to return to a debt-free life.