Lawyers Who Solve Serious Debt Problems

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Debtor Protection/Settlement Plan

Other than filing Bankruptcy, what is the fastest way to stop all calls?

It says “Settlement Plan”, is it debt settlement?

How long is the Plan?

How do I get started?

Do I need a lawyer for Debt Settlement?

Will I have to pay taxes on any Debt Settlement savings?


Q: Other than filing Bankruptcy, what is the fastest way to stop all calls?Hire the right lawyer. Your lawyer should be able to notify creditors of his/her representation of you right away. At that point you should not have any further contact and if you do, you now have a claim against that creditor.
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Q: It says “Settlement Plan”, is it debt settlement?Could be. It is a get out of debt by any means possible plan. Could be by bankruptcy, could be by agreement. It may even be waiting for the statute of limitations to expire so that no legal claim can be asserted. The goal of every “settlement plan” is to get you out of debt and do so for the least amount of money possible, using ALL available laws. Upon the conclusion of all debts, be they discharged in bankruptcy, settled by agreement, dismissed by the creditor, or demed unenforceable, the settlement plan is complete.
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Q: How long is the Plan?Every plan is different. Some clients are able to file bankruptcy and complete their plan in as little as 6-9 months. Some client plans will take much longer depending on individual circumstances and goals.
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Q: How do I get started?Call us and our office will get basic financial information from you. The more you can provide the better advice we can give. We will then review this information and make a recommendation as to what get out of debt plan is best for you. Everything you tell us is strictly confidential and subject to the attorney-client privilege. There is no cost for this review and consultation.
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Q: Do I need a lawyer for Debt Settlement?Absolutely. Debt settlement companies can not give you any legal advice, can not stop any calls, can not represent you if you get sued, and can not sue collectors that violate harassment laws. While it is certainly possible to represent yourself, it is not advisable. One reason (among many others) is that when you do settle with a creditor, you must make sure that any settlement agreement is legally binding.
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Q: Will I have to pay taxes on any Debt Settlement savings?It is possible but not probable. First, not every settlement results in a 1099-C from the creditor. Second, even if you get a 1099-C, many times you will be able to file IRS form 982 which exempts the “income” due to insolvency.
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