Debt Relief in Nashville
When you find yourself trapped under debt you no longer can deal with, our attorneys at Turner Law Offices, P.C., can help show you alternative ways to get in touch with your finances. Sometimes, our attorneys can help you deal with your financial difficulties without having to file bankruptcy. At Turner Law Offices, P.C., we have over 20 years of helping client’s deal with financial difficulties. Our attorneys have worked out offers in compromise and settlement without having to file bankruptcy!!
Financial Stress
- Receiving harassing phone calls at home and work from collections agencies?
- More than one payment behind on your mortgage, auto loan, or credit card debt?
- Losing sleep at night and preventing you from concentrating at work?
- Considering committing credit suicide by filing for bankruptcy?
Debt can be reduced substantially
Our attorneys have been able to help clients reduce their debt by as much as half or more through negotiations with creditors. Some creditors are willing to settle for a portion of your debt if you are behind in payments and unlikely to be able to pay the balance in full. Creditors realize that receiving some money from an offer in compromise is more desirable than receiving nothing after the filing of a bankruptcy. Turner Law Offices, P.C., has worked with many of the area creditors, and has a proven track record of working one-on-one with them to negotiate an offer in compromise for your benefit.
If you have a genuine hardship and a sufficient amount of qualifying unsecured credit card debt, a negotiated debt settlement can help you become debt free years before you otherwise might. Another advantage for you is that if the debt is paid in full, even at a reduced level, it appears as “settled” on your credit report. Working out an offer in compromise early on helps your credit report, as delinquent payments cannot be removed and will remain on the report for at least seven (7) years.
Steps to getting out from under debt
Situations where debt relief may be beneficial:
- Unsecured outstanding balances
- Payments that are behind and have been for several months
- Unable to repay your bills
- Able to repay if the debt burden is reduced
Credit card consolidation agencies are generally NOT going to work on your behalf! We also recommend that you do not deal with companies promising to help consolidate or eliminate your debt but who ask for money up front. You are much better off with a qualified attorney who gets to know you and your total financial picture than pursuing a credit card consolidation service.
Our attorneys at Turner Law Offices, P.C. know the laws that govern credit and collection practices. We know which fees creditors are allowed by law to charge and which ones they are cannot. Our attorneys will make sure that your creditors follow the law, and will require them to provide validation of each debt prior to negotiating a settlement on your behalf.
Call to speak to one of our Debtor’s Attorneys Today!
(615) 259-2660