If you live in Utah and want relief from overwhelming debt without filing for bankruptcy, you may want to consider debt settlement. With debt settlement, you and your creditor/s will come to an agreement regarding your debt, often at a significant reduction.
Having a skilled professional handle debt settlement negotiation on your behalf can help you avoid common mistakes while pursuing a swift, favorable result. With extensive experience in these matters and a complete commitment to preserving each client’s best interests, the Utah debt settlement attorneys at Pearson Butler may be able to help you.
To learn more, call the firm at (800) 265-2314 and arrange a confidential consultation. From offices in American Fork, South Jordan, and Bountiful, Pearson Butler serves debtors across Utah.
How Does Debt Settlement Work?
Debt settlement, or debt negotiation, is a popular debt relief option in Utah and across the country. It can provide much-needed relief for individuals or businesses who are trying to pay their debts but are having trouble doing so.
Debt settlement involves negotiating to reduce interest, reduce the overall debt owed, or otherwise offer immediate relief for a debtor, which may then allow the debt to be paid, as opposed to going into default. Creditors often prefer settling for a lower amount, if this means they will be paid in a timely manner.
Debt settlement can be used for a variety of financial obligations, including:
- Medical expenses
- Student loans
- Bounced checks
- Credit cards
- Payday loans
What to Expect in Debt Settlement Proceedings
When you work with Pearson Butler, your attorney will notify the collection agency or agencies that you have retained legal counsel, providing a power of attorney as evidence of this. All communication with the agency or agencies will be taken over, so you don’t have to deal with upsetting phone calls, emails, and letters. Debt settlement negotiations will then ensure, with your attorney pursuing the best possible result on your behalf based on your needs, financial situation, and goals.
The Utah debt settlement attorneys at Pearson Butler can provide quick resolutions to many different types of debt problems. With competitive pricing and considerable experience in debt negotiation, the firm may be able to save you a considerable amount of money.
Contact Pearson Butler today at (800) 265-2314 to find out more about debt settlement and whether this may be the right option for you.