Category Archives: Debt Settlement
Can I Settle “Buy Now, Pay Later” Debt?
Are you among the approximate 50 percent of Americans who have used a “buy now, pay later” plan? According to a recent article in The New York Times, these layaway-style credit plans have become extremely popular. The plans allow consumers to “purchase” an item up front but to delay payments for weeks, months, or… Read More »
Can This Type of Debt Get Settled? Questions About Common Kinds of Consumer Debt
Consumer debt is a heavy weight for many residents of Lilburn and throughout the state of Georgia. For some debtors, debt settlement might be the best option for getting out of debt. How does debt settlement work? In short, the debtor works with a debt settlement lawyer to negotiate a payoff amount with the… Read More »
Can I Settle My Student Loans to Get Out of Debt?
Student loan debt is a serious issue for many Georgia residents. In fact, it is one of the leading types of debt associated with high amounts and defaults. According to a recent CNBC report, borrowers in Georgia and across the country are approaching a “default cliff.” What does that term mean? In short, federal… Read More »
How Long Will Debt Settlement Stay on My Credit?
If you are in a financial situation where you are struggling to repay debt, you may be exploring options for getting out of debt, including having your debt forgiven or discharged. In a debt settlement, a portion of your debt is forgiven in exchange for your agreement to pay the remaining portion of your… Read More »
Risks of Settling Debt Without a Lawyer’s Help
Are you struggling with past-due or delinquent debt and considering your options? One debt relief strategy that you may be considering is debt settlement. As you may already know, debt settlement involves negotiations with a creditor for the creditor to accept a lump-sum payment of an amount that is less than what the debtor… Read More »
How Much Will I Pay to Settle My Debt?
Anyone in the Lilburn, Georgia area who is struggling to get caught up on past-due debt may be considering the possibility of debt settlement. As you might know, debt settlement has much less of an impact on your credit than a bankruptcy filing and can allow you to get out of debt. The process… Read More »
Can I Settle Consolidated Debt?
Georgia residents who have debts across various credit cards and with a wide range of creditors might decide to consolidate their debt if they are having trouble repaying what they owe. As Forbes explains, there are many different types of debt consolidation loans that can be available to debtors. Through such debt consolidation loans,… Read More »
When to Hold Off on Debt Settlement
Debt settlement can be extremely beneficial for individuals in the Lilburn area who are behind on debts and have the ability to make an immediate payment for a portion of that debt to a creditor. In exchange for a partial payment, debt settlement involves the creditor agreeing to forgive the remaining debt. The process… Read More »
Can I Settle Debt After a Judgment?
If you owe a significant amount of credit card debt, personal loan debt, or medical debt, you might have considered various options. For example, you might have considered the possibility of debt settlement. Or, you might have considered debt consolidation. In some instances, you might have wondered if bankruptcy is the only option available… Read More »
Negotiating Points for Debt Settlement
Georgia residents who are struggling with significant amounts of unsecured debt may be able to get out of debt by negotiating a debt settlement agreement with one or more creditors. Debt settlement involves a dialogue with the creditor. That discussion concerns the debt owed and the amount the debtor is willing to pay, as… Read More »