Debt Settlement Landing

Debt Settlement

No Settlement, No Fee!

Debt settlement is the “middle road” when it comes to making the decision on how to finally ”get out of debt”. You basically have three options when it comes to attacking your debt problem:

PAY IT OFF: Or at least pay more than the minimum payments - which is to say: pay off principle amounts faster. The faster the better. Making the minimum payments won’t work as that will take years and you will pay 2 or even 3 times the amount you borrowed in interest alone. The lone advantage of this approach is you will not hurt your credit rating by keeping current (although excessive debt will hurt your rating). If you take this approach, make sure you have a legit plan with a date you will be debt free.
DEBT SETTLEMENT: Negotiate to reduce your debts so that you pay something and your creditor gets something. This is the debt settlement “middle road”. Because both sides get something, and both have some “pain”. You don’t pay 100% plus, and the creditor does not get 100%. For this same reason, it is not as bad on your credit rating. Your credit will take a hit when you default in order to settle (which you must do), but your credit rating will recover faster too when you pay something to your creditors.
BANKRUPTCY: If available and desired, gives the consumer the biggest benefit as you pay nothing (other than legal fees) and the creditor gets nothing. As a result, it also has the biggest negative impact on your credit rating.

Every person’s situation is different, and a legal consultation is necessary to see what is best for you. I often refer to these options as the Good, the Bad, and the Ugly. The Good is the Debt Settlement option as it is a “win-win”. For many consumers it is a good option, so long as you use the right provider and understand all the pros & cons.

The Bad is the Bankruptcy only because it can have a longer lasting negative affect on your overall financial future. That said, it is not as devastating as you might think, and it is at least worth investigating and learning more about. You should know if bankruptcy is even an option or not. Then decide if it is right for you.

The Ugly is paying the creditor full amounts plus all the interest. There is a reason banks are rich, and you are struggling: They give you $1000 and you pay them back $5000. That is Ugly for you and your family. Especially when there is a better way that you can secure your financial future, sooner than later.

There are in fact a couple of other options. One is to ignore the debts altogether. This is usually a bad approach as it is the worst of both worlds: bad credit and a growing debt balance that will likely end in wage garnishment or worse. That said, it is something we do recommend to some clients in certain situations. You may not owe it, or you may be 85 living on social security alone in a nursing home. There is no reason for this person to worry about the debt at all. Another option is debt consolidation (not to be confused with debt settlement as many debt settlement companies do intentionally). Debt consolidation is where you get a new loan to pay off all the old debts, hopefully with a lower interest rate. You will still pay 100% plus interest, but you can pay less and maintain your credit score.

This is complicated stuff and there are many frauds out there trying to fool you who will take your money and make your situation worse. Discuss your options with a reputable firm that is not trying to “sell” one option over all others because that is the only thing they sell. Talk to someone who is interested in YOU, someone who can fulfill the option You select as best for you and your family. Always remember that circumstances CAN change, even for the better. There is a route to financial freedom, you just need the right partner to help you.

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Real Client Results

Conquering Your Mountain of Debt Since 1992

$1,043,087.06 settled for $492,701.56 Individual
Client Saved $27,433.00! UGH, I LLC.
$535,175.56 was settled for $375,000.00 Madison 65 Co
Client’s debt was reduced by $314,811.00! National Continental Insurance Company
$263,963.17 JUDGMENT VACATED! Los Angeles County Superior Court

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Should I Choose a Debt Settlement Company?

Which Lawyer Should I Use?

Choose a lawyer who has been doing this for over 30 years.
Choose the lawyer that did this for himself!
Choose the lawyer that has a team of dedicated and highly trained staff focused on results and client service.
Choose the law firm that has prior collection attorneys and collectors on staff now working for you!
Choose the law firm that serves the entire state of California.
Choose the law firm that goes to trial on debt collection cases regularly.
Choose the law firm that files bankruptcies and fights judgments.
Choose the law firm that does debt settlement on a complete contingency basis.
Choose the law firm that has settled tens of millions of dollars of debt.
Choose the law firm that is winning and growing.

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Many debt collectors will not be able to prove what is owed. Most won’t even try and instead will rely on a continuing assault on your telephone or mailbox. Fitzgerald & Campbell, APLC turns the tables on them by continually holding creditors to the letter of the law.

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Hear From Our Happy Clients

At Fitzgerald & Campbell, your satisfaction is our priority! See for yourself what our clients have to say about working with us.

"Great help from the start!"
Fitzgerald & Campbell were a great help from the start. Seeking their legal help for dealing with debt collectors was the right decision. The process was simple and straightforward, reducing my stress greatly for a reasonable price. Highly recommend!

- C.M.
"Clarity and prompt communication."
We were involved in a tricky sister-state judgment case from a vehicle accident in Nevada. Several attorneys were stumped, but Fitzgerald & Campbell provided clarity and prompt communication to vacate the judgment. The case is now dismissed without prejudice. Highly recommended.

- E.C.
"Fitzgerald & Campbell is Truly Praiseworthy"
I was in a difficult and stressful situation. I was sued and served over an old personal loan.
Fitzgerald & Campbell helped me to settle and lowered the judgment amount in less than a month.
This firm is outstanding and they care about their clients.
Thank you, Ms. Patricia Mendez for being so passionate and so helpful about my case.
Now, am stress free.
Fitzgerald & Campbell is a truly praiseworthy and highly recommended firm.
Thank you.

- E.A.
"You Are All Amazing"
Thank you very much, Ma'am for the immediate help.
You are all amazing!🙏🙏🙏

- E.A.
"Friendly hand to get you out."
Dealing with a judgment and wage garnishment, Fitzgerald & Campbell explained my options to settle and guided me through the paperwork. They handled all communication with the creditor, negotiating a settlement I could afford. They extend a friendly hand to get you back on your feet.

- S.J.

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"I've walked in your shoes! Let me do for you what I learned to do for myself." - Gregory M. Fitzgerald, Managing Partner

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