Get More Manageable Debt Payments
If you’re facing a mounting pile of debt while unable to make payments, don’t hesitate to contact the knowledgeable attorneys at Tadross Law. The lawyers from our law firm will talk to you about the benefits of debt settlement and debt negotiation in Philadelphia and Lansdale, Pennsylvania.
Debt settlement establishes a reduced payment of your debt in exchange for a lump sum or restructured monthly payments. An attorney will:
- Educate you on the debt settlement process
- Negotiate a settlement on your behalf
- Determine a payment plan that works for you and the creditors
Learn which type of debt you can settle
Do you live in Montgomery County, Bucks County, or Delaware County and feel like your drowning in debt? Our law firm works tirelessly to help you settle various types of debt.The two main types of debt are: secured debt and unsecured debt. Secured debt is tied to an asset, such as your home, car, or property. Secured debt cannot be settled via debt settlement, as the creator is able to seize the assets as a means of recovery. However, there are other services through which secured debt can be resolved such as loan modifications or bankruptcy.
On the other hand, unsecured debt is debt not tied to any asset. This includes credit card debt, medical debt, student loans, payday loans, divorce debt, RV/Boast debt, and many others. The attorneys at Tadross Law are experienced in debt negotiation with creditors, and will fight on behalf of their clients to reduce the balance owed. Once an agreement is reached with the creditor for a reduced amount and the amount is paid off, the debt is considered settled or resolved. Our team is willing to work closely with you to determine the best method of repayment.
Who Should Engage in Debt Settlement in Philadelphia or Lansdale?
A debt settlement program is not something everyone should engage in. Qualified candidates in Bucks County, Montgomery County, or Delaware County are those who are currently undergoing a legitimate financial hardship which has caused them to fall behind on payments to creditors. The lawyers from Tadross Law will only represent clients who are truly in need of debt settlement services. Together, our law firm and clients can improve any financial situation.
Get Your Financial Life Back on Track
After having your debt cleared, our lawyers are more than happy to connect you with a credit repair specialist. We can reach out to credit bureaus and have your credit cleared quickly. This way, you’ll be able on the fast track to repair your credit. Start the path to a debt-free life when you contact the law offices of Tadross Law.
Did you know that according to the Fair Debt Collection Practices Act (FDCPA), debt collectors are prohibited from engaging in various types of actions? These include but are not limited to:
- Calling during work hours or when they know your employer forbids it
- Calling before 8:00 a.m. or after 9:00 p.m.
- Making an excessive number of phone calls to harass you
- Providing false information regarding your debt
- Refusing to honor request of cease communication
- Threatening criminal prosecution
- And much more