Clear Signs That it is Time to Contact a Debt Settlement Attorney
Debt Settlement Attorneys — like those here at Guardian Litigation Group — can help if you are facing overwhelming debt. California debt settlement negotiation lawyers contact your creditors and collection agencies in an attempt to negotiate debt relief. This relief might come in the form of a reduction in total debt (such as the elimination of late fees and penalties), some sort of refinancing (which can lower monthly payments), clearing a debt via a negotiated lump sum payment, and more. As discussed below, there are several clear signs that it is time to consult with California Debt Settlement Attorneys.
To begin, we believe that hiring a California Debt Settlement Law Firm is a better alternative to hiring a debt settlement company. There are several reasons for this. First, debt settlement lawyers offer personalized service. Second, discussions with lawyers and law firms are covered in the confidentiality of the attorney-client privilege. This means that there is no disclosure of confidential information by your attorneys. This is important for your privacy, encourages frank conversations about your debt, and does not exist for debt settlement companies. Third, debt settlement attorneys have extensive and in-depth experience with all the alternatives to debt relief settlement negotiations, including bankruptcy rules and procedures. Finally, if negotiations cannot resolve the debt problems, then your debt settlement negotiation attorneys are in place to help with a bankruptcy or begin litigation defense of any debt-collection lawsuits.
One clear sign that it is time to consult with a California debt settlement law firm is when a debt collection lawsuit is filed and/or wage garnishment is threatened or begun. In these circumstances, Guardian Litigation Group can help defend the debt collection litigation. However, it can often be quicker to open settlement negotiations to see if there is a solution. This is particularly true if a garnishment has been approved. In those circumstances, it may be too late to defend the litigation. In other cases, if a settlement cannot be reached, then litigation defense must begin. Finally, it may be time to consider bankruptcy. Likely, if you have been sued by one creditor, there are other creditors waiting “in the wings.” The litigation has not made it easier to pay your other creditors.
Another clear sign that it is time to meet with a California debt settlement lawyer is when you are using available balances from one credit card to make payments on another card or other debt. The truth is that you cannot keep that up; you are never “getting ahead” of the debt. In these circumstances, talk to a debt settlement attorney and examine the options.
Finally, borrowing from family and friends is another clear sign that you need legal assistance. And it is a bad thing to do. Why take money and assets from family and friends when there are many methods of obtaining debt relief?
Contact an Experienced Debt Relief and Debtors’ Rights Attorney
For more information, contact the debtor’s rights attorneys at Guardian Litigation Group. If you think you have been subject to unfair and deceptive debt collection practices, we can help. We can also help with other debt-relief legal services like bankruptcies and debt settlement negotiations. We have the tools and experience you need. Our mission is to provide unparalleled legal services and support to financially distressed individuals. We can be reached via our contact page or by phone at (800) 316-3133.
