Debt Settlement

Our experienced legal team will:

• Evaluate your financial situation and the debts you owe
• Help determine whether debt settlement is the right option for you
• Explain the benefits, possible risks, and consequences of settlement
• Communicate and negotiate directly with your creditors
• If necessary, handle Court filings
• Pursue lump-sum or payment plan settlements based on your ability to pay
• Obtain the best possible discount on your debt
• Ensure that the terms of any accepted settlement are favorable and clearly documented

We have had great success reducing debts significantly, saving our clients tens of thousands and even hundreds of thousands of dollars in some cases. Here are examples of settlements we have negotiated for clients. Every creditor and situation is different, and no particular settlement result can be guaranteed.

Debt problems are not defined by a specific dollar amount. A $5,000 debt can be devastating to one family, while a business owner may be struggling with hundreds of thousands — or millions — of dollars in obligations.

We assist clients across the full financial spectrum. Whether you are facing one account or numerous creditors, our team can evaluate your situation and develop a strategy based on your income, assets, hardships, and ability to fund a settlement.

Business Debt

We help businesses and business owners negotiate:

• Business loans and lines of credit
• Commercial credit cards
• Equipment and vehicle financing
• Merchant and vendor obligations
• Personally guaranteed business debts
• SBA-backed and other business loans when settlement or compromise options are available
• Business debts that have entered collections or litigation

Personal Debt

We negotiate many forms of consumer and personal debt, including:

• Credit cards
• Personal loans
• Deficiency balances from repossessed vehicles
• Debts assigned or sold to collection companies
• Accounts involved in lawsuits or judgments
• Private student loans

Medical Debt

Unexpected medical treatment can leave individuals and families facing bills they cannot reasonably repay. We negotiate directly with medical providers, collection agencies, and debt buyers to pursue manageable resolutions for qualifying medical debts.

Specialty pages:

• Business debt settlement
• Private student loan settlement
• Credit card debt settlement
• Personal loan / repo deficiency
• Medical debt settlement

1. Continue Making Regular Payments. Continuing to make the required monthly payments may protect your account from further collection activity. However, making minimum payments results in a lengthy repayment period and the interest can make it impossible to ever pay the debt off this way. We can help you evaluate whether remaining on your current payment schedule is realistic.

2. Debt Settlement. Debt settlement involves negotiating with a creditor to resolve the debt for less than the full balance. Depending on the creditor and your financial circumstances, a settlement may be paid in a lump sum or through an agreed payment plan. A settlement can reduce the total amount paid, but it will also affect your credit and may have potential tax consequences. Creditors are not required to accept a settlement, and every case is different.

3. Bankruptcy. Bankruptcy may be appropriate in cases where you simply do not have enough income or assets to repay your debts at all. There are pros and cons to debt settlement and bankruptcy solutions, and the analysis of which is best can be complex. Therefore, it is best to consult with legal professionals with specific expertise in debt relief before making a decision.

Neither bankruptcy nor debt settlement are one-size-fits-all solutions. Our team can help you compare bankruptcy with debt settlement and determine which path may best protect your financial future. We can help you file Chapter 7 and Chapter 13 if necessary.

• Sued for debt in Georgia
• Wage garnishment
• Foreclosure
• Repossession