• Atlanta bankruptcy lawyer

Debt Settlement and Workouts

There are many situations in which bankruptcy cannot (or does not needs to be) used in order to deal with a collection matter or dispute. In these cases our firm is retained to negotiate a repayment plan or settlement with the creditor in order to resolve to matter so that both parties can move on.

How an attorney provides debt settlement services.

If you need a professional to assist you, then you should consider a debt settlement attorney. Our attorneys specialize in negotiating with your creditors to lower and possibly eliminate the amount of debt that you need to pay.

How does an debt settlement attorney differ from a credit counselor?

Credit counseling agencies and debt settlement attorneys offer very different services. We do not offer credit counseling. The tactics, skill sets and experience levels between the two are also very different. The debt settlement process is a much more aggressive process than credit counseling, and if it is successful it can get you out of debt in possibly less than half the time of credit counseling.

Our attorneys have extensive experience in complicated consumer loan workouts. We can review your assets and debt structure and provide options as to dealing with your debt.

WE REALIZE THAT NOT EVERY CONSUMER WITH DEBT PROBLEMS NEEDS TO FILE BANKRUPTCY. THERE ARE MANY OPTIONS AVAILABLE AND WE WILL REVIEW EACH ONE WITH YOU.

atlanta debt settlement lawyer

Other Considerations

Credit file reporting and impact.
Tax issues surrounding settlements.
Cross collateralized asset protection.
Co-debtor protection from collection.
Overall cost of settlement vs. possible bankruptcy filing.

Can I hire you to settle all of my debts?

That depends on how many you have. Our debt settlement services are charged on a per debt basis so it may be cheaper for you to just file for Chapter 7. We are happy to review your entire financial picture and present options for dealing with that debt.

What if I am already being sued?

There is still time to settle the debt and resolve the collection matter. Many times we can consult with opposing counsel to reset the case until a resolution can be reached.

How much can I settle the debt for?

That all depends on the creditor but most creditor will agree to settle for a lesser amount to avoid an account holder filing for bankruptcy protection.

OUR BANKRUPTCY AND DEBT SETTLEMENT PRACTICE WORK CLOSELY TOGETHER SINCE ONE CAN MOST CERTAINLY AFFECT THE OTHER’S OUTCOME. CREDITORS UNDERSTAND THE SERIOUSNESS OF OUR OFFER AND WE CAN USUALLY AGREE TO A SETTLEMENT FAVORABLE TO BOTH PARTIES.

Saedi Law Group specializes in bankruptcy and consumer law and can assist debtors in overcoming their financial obstacles.

This will probably be one of the most important financial decisions of your life. Expert advice is required to make the best financial and legal decision. Only an experienced consumer bankruptcy attorney can provide that essential advice whether you are a debtor considering bankruptcy or trying to settle a debt and avoiding bankruptcy altogether.

Contact Saedi Law Group TODAY at 404-889-8663 for more information on Georgia bankruptcy law and debt settlement solutions.