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Anderson and Associates, P.C.

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Schaumburg Creditor Negotiations Attorney

Rolling Meadows Creditor Negotiation Lawyer

Helping Clients Negotiate and Settle Debts in the Northwest Suburbs

When you are facing overwhelming debt, it might seem like there is no way out. As bills pile up, collections agencies begin to call, and creditors threaten wage garnishment, liens, or foreclosure, you may feel like you have no way to dig yourself out of the hole you are in. However, the law provides ways for debtors to achieve financial security, and even if you do not qualify for bankruptcy, you may be able to negotiate with creditors to work out how to pay off your outstanding debts without breaking the bank.

Negotiating a Debt Settlement

If you owe several thousand dollars or more in debts such as credit card balances, medical bills, or auto loans, you are unable to make the minimum payments on these debts, the balance of the debts is growing, and you have no other options for relief, debt settlement may be the ideal solution for your situation. By negotiating with the creditor, you can reach an agreement to reduce the amount of debt and create a workable payment plan.

A skilled debt settlement attorney can analyze your finances and determine what amount you will be able to pay each month toward your debts. They can then contact a creditor on your behalf, request that they cease communications with you (eliminating phone calls from collections agents), and negotiate a reduced amount of principle for your debt and a payment plan that you will be able to afford.

The process of negotiating a settlement can take several months, but when it is finished, you will once again be on sure financial footing and able to cover your expenses. Your credit score may also improve if the delinquent accounts are removed from your credit report. An experienced creditor negotiations attorney may be able to reduce the amount of your debt by as much as 60-70%.

A Skilled Negotiator On Your Side

At Anderson and Associates, P.C., our lawyers have over 30 years of experience negotiating with creditors (including credit card companies and auto loan companies) as an alternative to bankruptcy. We often succeed in helping renegotiate home loans, allowing our clients to stay in their houses while reorganizing their finances. We can help you understand your options and provide you with the guidance you need to escape from a financial crisis.

If you need an experienced attorney on your side to negotiate with creditors, settle your debts, and help you regain your financial security, contact us at 847-995-9999 for a free consultation. We serve clients in Schaumburg, Palatine, Streamwood, Hoffman Estates and all northwest suburbs of Chicago.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

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