Debt Negotiation
Debt Negotiation is a non-bankruptcy solution to resolve outstanding personal obligations. Schottler & Associates can help you negotiate settlement on your debt for less than the full balance owed on your accounts. Having a bankruptcy firm handle your debt negotiation is effective because many creditors understand the alternative to settlement a bankruptcy attorney can provide. In many cases we are able to negotiate the settlement of your unsecured debts for as little as one-quarter of the balance owed. Many times, creditors are willing to accept settlement when the account goes into default. The types of debts that can usually be settled are:
- Credit cards
- Personal loans
- Deficiency balances after a vehicle repossession
- Medical bills
- Other misc. bills such as utility, phone and cable bills