Debt Negotiation and FDCPA
Consumer debt negotiation, often referred to as debt resolution, is the process of negotiating with unsecured creditors on behalf of clients in order to “settle” with the unsecured creditor for a portion of the total, or alleged total, amount of unsecured debt owed by such clients. These unsecured debts typically consist of credit card debts, which can carry interest rates that make paying these debts off without assistance difficult.
Should you be interested in contacting McGrath & Spielberger about the Firm’s debt negotiation or FDCPA services, please click here. The Firm provides these services in Florida, Georgia, North Carolina, Ohio, South Carolina, and Tennessee. For those interested in settling their debt matters on fair terms, the Firm focuses on assisting debtors who can pay at least a partial lump sum up front toward any settlement, whether a lawsuit has been filed or not.
Violations of the Fair Debt Collections Practices Act (FDCPA a Federal law) and similar state laws are sometimes committed by debt collectors who are trying to collect monies allegedly owed. There are monetary penalties for such violations, and McGrath & Spielberger can assist clients in such situations.
Many individuals have found that, even if they consistently pay the minimums due on their credit cards each month, it might literally take decades to pay off the cards’ balances. In some instances, paying the minimum may never result in the card being paid completely off or the balances being significantly reduced.
Debt negotiation, or debt resolution, has come under heightened scrutiny in recent years due to unscrupulous activities by many debt resolution companies. McGrath & Spielberger is not a company which outsources work; it is a law firm which handles all of its client services, including negotiations, in-house. McGrath & Spielberger truly offers full-service, law firm-driven debt negotiation representation to consumers in need of assistance with their overwhelming credit card debts.
Contact us today to learn more about how we can help you get out from under your seemingly never-ending credit card debt or how we can assist you in instances of violations of the Fair Debt Collection Practices Act (FDCPA).