Recently, a 40-year-old personal banker retained the services of Cleveland bankruptcy attorneys with Luftman, Heck & Associates after working with a debt relief company left her in worse financial shape than when she hired them. The company in question made a lot of lofty promises, including settling her total unsecured credit card debt for less than the total amount she owed. The woman was originally attracted to this plan because her debt was spread between 10 different creditors and they assured her these companies would negotiate for lower amounts without the need for a bankruptcy, which she thought would severely damage her credit. After collecting fees for their services, two of the creditors the woman included, did not want to settle and began garnishing her wages, in an effort to collect a total of $16,000.
Feeling she was deceived by this debt relief company, the woman contacted attorney Matthew Alden, who began working on her behalf. Attorney Alden helped his client file a Chapter 7 Bankruptcy, which greatly improved her financial circumstances by stopping the wage garnishment and discharging her financial liabilities, allowing her the opportunity to improve her credit. Additionally, in contrast to the fees collected by the original debt relief company, since Luftman, Heck & Associates covered the initial cost of the bankruptcy, after recovering approximately $48,000 there was no upfront cost to the client.
Prior results do not guarantee a similar outcome in your case. Individual results may vary based on the facts, injuries, jurisdiction, venue, witnesses, parties, and other factors. The results and client testimonials provided are not necessarily representative of the results obtained by all clients or their satisfaction with the firm’s services.