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If you are unable to pay your creditors, you could be a good candidate. You should talk with an experienced bankruptcy attorney, and if bankruptcy isn't the way for you to go, debt settlement might be.

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Q: How can I tell if I am a good candidate for a debt settlement?
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How can I tell if a debt settlement lawyer in Milwaukee, WI is legitimate?

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Can you tell me what services debt settlement USA is all about?

You can hire an attorney that specializes in finance to help you in civil court if you want to. You can also talk to a service like Debt Settlement USA to see if your student loans can be lowered.


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Are debt settlement firms considered legalized scams?

Depends on who you ask. Some say yes, others will tell you they're great. If you're thinking about enrolling in debt settlement, I highly recommend doing a good amount of research. Many times, the negative opinions of settlement companies come from a misunderstanding of the settlement process. Debt settlement involves stopping payments to credit card companies and putting payments into a savings-type account instead. Once there is a certain amount of money in the account, the settlement agency will make an offer to the card or collections agency. In the meantime, the accounts will go into default, and you can receive phone calls and threats of litigation. Your credit score will also be affected. Settlement is not a quick fix, but it can be the best option for many people. A clear concise FAQ can be found at swiftrock.com/faq. And of course, a google search will pull up hundreds of informational pages.


Are lawyers needed for debt settlement in the USA?

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Time is of the essence. Are finance companies lying when they tell you that you can get your car back if you send in a Negotiated Settlement Amount not pay the loan amount or this just a tactic?

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How does debt consolidation affect getting a mortgage?

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