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Do You Need a Debt Settlement Lawyer?

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No matter what type of financial difficulties you’re experiencing, there is a solution to your problem. An experienced debt settlement lawyer at Luftman, Heck & Associates helps you explore your options.

Our Cleveland bankruptcy attorneys analyze your situation to determine the best solution to get you out of debt and into financial freedom.

When To Call a Debt Settlement Lawyer in Cleveland

It can be challenging to know whether you should reach out and contact a debt settlement lawyer. After all, you might be thinking that you can handle negotiating with your creditors on your own.

While you’re under no legal obligation to retain an attorney, a debt settlement lawyer could make it easier and simpler for you to solve your financial trouble.

We Negotiate with Your Creditors

Our debt settlement lawyers in Cleveland have a deep understanding of financial statutes. Negotiating with creditors on your own might be overwhelming when you are unfamiliar with legal matters. Creditors are sometimes unreasonable, or worse, threatening.

Getting a debt settlement lawyer could show you are serious about finding the best solution for all parties.

We Defend You in a Lawsuit

When a creditor files a lawsuit against you to collect a debt, an experienced debt settlement lawyer can defend you and protect your rights. You may also find yourself in need of an attorney if a creditor breaks the law in their attempts to collect a debt.

We help Cleveland clients resolve many types of debts:

These are only a few of the different types of debts an attorney could help you manage. Our debt settlement lawyers work with clients who lost their job after a severe injury or the COVID-19 pandemic. An attorney with Luftman, Heck & Associates contacts creditors to get them to stop their collection efforts.

The Problem With Debt Settlement Companies

Before contacting a lawyer, many debtors turn to debt settlement companies for help. Sadly, these companies are often ill-equipped to handle your debts properly. These companies demand that you pay them a fixed fee and a portion of what you owe your creditors.

You risk defaulting on your debts and gaining additional interest on your accounts because your payments are going to the debt settlement company, not your creditor. Suppose the debt settlement company is unable to resolve your debt. In that case, you’re stuck with additional costs, and you will have lost money by investing in their service.

Your Debt Settlement Options With an Attorney By Your Side

Debt settlement companies will often make unrealistic promises of resolving your debt for a fraction of what you owe. When they cannot fulfill these promises, you are deeper in debt.

A debt settlement attorney explains what you might realistically expect. In some cases, we can work out a repayment plan with your creditors.

What to Expect from a Debt Settlement Lawyer

Your lawyer analyzes your debts and creditors in detail, alongside your income and expenses, to determine how to repay your creditors without suffering economically at home.

Your best solution could be to declare bankruptcy. Although bankruptcy declarations don’t apply to every situation, they offer the chance to resolve debt, move forward, and rebuild credit. You can explore your options further when you discuss your circumstances with your debt settlement attorney.

Get Help From a Debt Settlement Lawyer in Cleveland

If you are in debt and unsure of how to get out of it, an experienced debt settlement lawyer can help. Explore your debt repayment and bankruptcy options and take your first step towards financial freedom.

Our Cleveland bankruptcy attorneys are here to advocate for your interests with knowledge and compassion. Schedule a no-cost, risk-free case review with Luftman, Heck & Associates today. Complete our online contact form or call our office at 216-586-6600 to get started.