LEGAL DEBT RESOLUTION
LEGAL DEBT RESOLUTION
Credit card debt settlement has become a solution for thousands of people across the country and, when managed properly, can result in significant savings. We here at The Mediator Law Group help Americans solve their financial problems and regain their financial freedom with our Debt Resolution Program.
Our Team negotiates with creditors on your behalf and shifts the power from the creditors to you. We believe in bringing the highest quality level of service to our clients; we work to settle your accounts. We are an accredited member of the BBB (Better Business Bureau) with a favorable rating and are compliant with the new 2010 FTC (Federal Trade Commission) rules.
We would like to offer you some information about the Debt Settlement Process such as the pros’ and the cons’. Some of this information may be brand new, and some may confirm what you already know. Our goal is to give you the basic facts to help you make an informed decision. Please fill out an application to request an appointment to speak with one of our Debt Analysts; to enroll in our program or to get answers on debt settlement and our services.
Your debt may have you overwhelmed and may seem to be the biggest mistake of your life. Things may be still worse if you have started receiving threatening collection calls or cannot sleep at night. There are specific federal and state laws and the collection agencies have to abide by them. As attorneys, we are a good choice in such situations because we can go into extensive detail and discuss the legal ramifications.
The Fair Debt Collection Practices Act (FDCPA) is a safeguard for you against the practices of creditors, banks, and collection agencies. In other words, the act is here to protect consumers – you!
Unfortunately, it is complicated and has a number of provisions that are very difficult to understand and enforce. We are on your side. We are here to educate you on the laws that are in place and to allow you to utilize them in order to achieve the most favorable result for your individual situation. Banks have attorneys helping them collect money; you should have an attorney by your side with your rights being protected at all times as well.
When it comes to debt collection agencies, here’s what we can protect you against:
- Repeated calls
- Abusive language and threats of legal action
- Contacting your neighbors, relatives, friends, coworkers, and employers
- Deceptive and illegal methods of debt collection
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Misrepresentation of the amount or status of a debt
- Disclosure of your default debts to third parties
- If any of the above has happened or is happening to you, please contact us today for a FREE talk.
There are many benefits to debt settlement overall but the reality is that, at some point, it will lower your credit score. In the long run, however, being debt free means your opportunity to raise your credit score is overall better than having high debt and high payments. What’s more, in many cases, this is still a better option than Credit Card Counseling or Bankruptcy. Bankruptcy may affect your credit score for 7-10 years, and credit card counseling programs can last up to 5-7 years with you paying back 100% of your principle balance. Keep in mind also that both Bankruptcy and Credit Card Counseling options are typically public and on record while debt settlement is not. With debt settlement, you can potentially resolve your debt in less than 3 years and pay a fraction of your principle balance.
