Debt Settlement

When a debtor is unable to make his minimum monthly payments on an unsecured debt such as credit card debt, balances continue to grow due to ongoing interest and late fees.  Debt settlement is a legal process of debt reduction in which the creditor and debtor, often with the help of a debt settlement lawyer, agree on a reduced balance that, once settled, will be regarded as payment in full.
A debt settlement can lower credit card debt and save debtors from the stigma of bankruptcy.  For the creditor the advantage of debt settlement is that with debt settlement he still regains a large part of the debt, whereas if bankruptcy is filed against the debtor, the creditor risks losing all monies owed.
If you need debt relief, as an alternative to bankruptcy, consider retaining the services of a debt settlement lawyer.  With unsecured debts like credit card debt, a debt settlement lawyer can be expected to negotiate with creditors to obtain a lower balance and a faster payment plan than a debtor could do himself.  Because credit card debt is one of the most common forms of debt, your debt settlement lawyer is experienced in dealing with the credit card companies and understands which strategies will result in a realistic debt settlement payment plan.  
A debt settlement lawyer knows federal and state consumer debt legislation and will protect you from complications or mistakes along the way.  Your debt settlement lawyer will oversee all contacts with your creditors, and overall guard your consumer rights.  

The Law Offices of Alex Leon will explain all available options so you can make the best informed decision for you and your family.

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"Thank you for representing me in my Chapter 7 bankruptcy case last year. I was told by many people in the Sacramento area that you treated your clients with care and respect and they were right. Working with you this past year on my bankruptcy case allowed me to not stress during a time that would have been extremely stressful if I had dealt with it on my own. "

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