Sherman Oaks Debt Settlement Lawyers
Millions of Americans are currently underwater with their mortgages, behind on their student loans, or simply unable to pay massive hospitalization bills following a serious medical emergency. As home and rent prices continue to balloon, the economy remains on the brink of recession, and inflation makes it impossible to walk out of a grocery store in a good mood, we understand just how desperate you may be to find debt relief. While there is no quick fix to debt relief, the Sherman Oaks debt settlement lawyers as Wadhwani & Shanfeld have helped countless clients recover from what felt like an impossible amount of debt to handle.
Beware of Debt Settlement Companies
Too many desperate people have fallen prey to debt settlement companies that claim to renegotiate or settle debt. These companies make big promises that are too good to be true, and often charge an arm and a leg for their services. Unfortunately, most of these debt settlement companies are scams, and even give advice that further harms your chances of becoming debt free, such as telling their clients to simply stop paying their credit card bills. Before you call one of these companies up, it is in your best interest to speak to an attorney.
What a Qualified Debt Settlement Attorney can do for You
Big banks and credit card companies seem to hold all the negotiating power when it comes to your credit, debt settlement, and rising interest rates. They can quickly raise the interest on you the second you make a late payment, even though you had years of on time payments in the past, making it even more difficult to get ahead the next time. Unlike banks, you cannot simply fabricate money at the end of each month (banks essentially create money every time they extend a loan) when it comes time to pay your bills. On top of having to manage mounting debt and interest rates, it is not uncommon for a debtor to be served with a lawsuit. This is where an attorney is absolutely necessary. You cannot ignore a credit card or lender lawsuit, because defaulting enables the creditor to garnish your wages or take other actions against you to force you to pay. By working with an attorney, you stand a good chance at getting the creditor to negotiate a settlement instead of going to court—a costly endeavor for a lender, especially when they have hundreds or even thousands of such lawsuits pending at any given time. An experienced attorney will negotiate with the creditor to come up with a plan that eventually eliminates your debt so you can get a fresh start.
Call a Sherman Oaks Debt Settlement Lawyer Today
If you have been sued by a creditor, an attorney is here to help you. Call the Sherman Oaks debt settlement lawyers at Wadhwani & Shanfeld today at 899-996-9932 to schedule a free consultation. Do not let a bank or credit card company scare you into paying more than you owe. We can help reduce or eliminate your debt once and for all.