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Most lawyers require a down payment for their services. The require these fees to get most of the paperwork started. Usually debt lawyers are not paid until your case is settled and you receive your settlement.
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∙ 12y ago
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If a case is settled and monthly payments are issued how long can an attorney charge his percentage fee?
If his fee is a percentage of your debt - he can charge it until the whole debt is repaid !
I settled a debt for less than owed now I am being contacted by a debt collector for the remaining amount but original company won't send a confirmation that the debt was settled-what can I do?
You need to contact a lawyer right away. Mention to the initial company that if they do not provide proof of payment and a letter showing that the debt was settled that you will initiate a law suit against them. If they told you verbally that this is what was going to happen then you may still have to pay the amount. For more information on mortgages go to www.lowmortgageraterefinance.us
Can an IRS lawyer get me an offer in compromise to settle my tax debt?
Most IRS lawyers will be able to help settle a tax debt. Before hiring, make sure you interview the lawyer and find out what their success rate is. Search for an IRS tax lawyer at http://www.irstaxattorney.com/.
Is VA a state that requires the spouse to pay the medical debt of a deceased spouse?
All states require that debt be resolved before an estate is settled. That means the bills have to be paid before anything can be distributed.
How do you find out how much the lawyer paid the credit card company for your debt?
Write to the company and ask them ! Even if your case is being handled by a lawyer, your account is still 'live' at the card company.
What should you do if a lawyer sues you for a discover card debt?
Pay the debt!
Where can someone get advice about eliminating debt?
Someone can obtain advice about eliminating debt by visiting any branch of bank or credit union and having a meeting with the debt lawyer. The debt lawyer can offer great advice and plans on how to remove debt.
If you've settled a debt with a credit collection agency can the original creditor buy back the account and try and charge you again?
No ... you have the proof that the debt was settled.
Once you give your lawyer all debt information will collection agencies and credit card companies still charge late fees until it is settled in court?
Yes, until a bankruptcy is discharged thereby voiding the debts. In the case of a lawsuit where the plaintiff wins, interest can still be charged on a some types of judgments.
Can a lien holder refuse release of lien if debt is paid?
If a debt has been paid off, the lien holder is required to release the lien. If the lien holder refuses, you will need to get a lawyer and take the case to court
What does being a lawyer produce?
nothing but debt
What if you get a 1099-C but the debt was settled?
That is a side effect of settling a debt. You really don't get out of it. The company you settled with reports that as money you received. You have to claim it on your taxes in the end.
