New York Debt Settlement Lawyers
Creative & Effective Debt Relief Solutions in Queens & Brooklyn
Are you ready for professional help with debt settlement?
We offer a Debt Settlement Program that lets you resolve all your enrolled debt accounts with one monthly payment.
The legal fee we charge for participation in our Debt Settlement Program is fifteen percent (15%) of your account balances at the time of enrollment. However, our fee for settlement of any account is not earned or paid to us until a settlement agreement has been entered into for that account. The monthly debt settlement deposit amount we calculate with you is based on an estimated sixty-five percent (65%) settlement amount for your enrolled accounts, plus our 15% settlement fee, and the cost of your debt settlement bank account as arranged with an insured financial institution. Most clients can expect to see at least one enrolled account settled within your first year in our program.
You as the client own all funds on deposit in your debt settlement bank account, called a Dedicated Account. You can withdraw those funds at any time without penalty.
Note: Debt settlement can hurt your credit rating and you may incur taxes on any portion of a debt forgiven by a creditor. Alternatives to debt settlement include free credit counseling and arrangements to repay debts in full, as well as Bankruptcy to discharge all of your unsecured debt and/or restructure any secured loans.
For details on our Debt Settlement Program and important disclosures, click here.
If you have any questions about our Debt Settlement Progarm, contact us for a free consultation.
Debt Settlement Lawyers On Your Side
If you are struggling with a burden of tremendous debt and are currently seeking long-term relief, debt settlement may be a healthy and reasonable option available to you. Like bankruptcy, debt settlement may not be ideal for everyone. With guidance from our New York, Queens & Brooklyn debt settlement attorneys, however, we can help you determine which course of action can lead to the best possible outcome.
Is debt settlement right for you? Call our NYC, Queens, & Brooklyn debt settlement lawyers to learn how we can help you begin a new chapter of debt-free living.
Personalized Counsel for Every Client
Essentially, debt settlement refers to the process of agreeing to pay a creditor less than what you actually owe. Because there are huge fees, taxes, and other financial repercussions that result from debt settlement, it will be important to speak with a professional Queens & Brooklyn debt settlement lawyer who can determine if this options is actually financially feasible for your particular circumstances.
- We can help you determine if debt settlement is right for you through the following:
- Negotiations with lenders and creditors to determine a fair debt settlement amount
- Provide necessary evidence to show you have no financial means to pay a debt completely
- Establish an agreeable lump sum amount or repayment plan to pay back your debts
Debt settlement may be an ideal option if you are currently struggling with unsecured debts, including medical bills, credit card debt, collections accounts, utility bills, personal loans, business debts, or other types of debts that are not attached to real property. If you have other types of debts, or secured debts, we can help determine other alternatives that better suit your financial needs or future goals.
You Have Plenty of Options with The Hurwitz Law Firm
Remember, debt settlement may not be right for every specific client, and it is only one of the many debt relief options available. Our Queens & Brooklyn debt settlement lawyers can help determine which legal option can help secure the best possible outcome given your unique circumstances. We take every precaution necessary to inform you of your rights and alternatives, as well as the potential risks and rewards involved with each available option.
If you would like to speak with us confidentially, we encourage you to contact The Hurwitz Law Firm as soon as possible. We offer free case consultations and flat fees, whenever appropriate.