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How do debt relief lawyers eliminate your debt?

Updated: 8/17/2019
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8y ago

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They often don't. Bankruptcy is the only certain way to "eliminate" your debt, and the only way all creditors are treated the same. Anyone else who claims to be able to eliminate your debt completely is lying. They make what deals they can with the creditors that are willing to negotiate. If you make monthly payments to this debt eliminator, make sure the payments are made to the creditors immediately, or the creditors will sue you and bring the collection to an end. Always check them out with the Better Business Bureau and your state Attorney General or consumer protection office.

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8y ago
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Q: How do debt relief lawyers eliminate your debt?
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Related questions

Where would it be possible to find information about how to eliminate debt?

There are many organizations and companies that have been set up to help one eliminate debt, to include Freedom Debt Relief, Consumer Credit, and the Debt Counseling Corp. Additionally, many websites like CNN Money, Frugal Living, WikiHow, and The Dough Roller have articles about how to eliminate debt through a variety of means.


What debt relief options are available?

Fortunately when it comes to debt relief there are nearly as many options as those that lead to the debt. Some of the websites you can visit include Freedom Debt Relief, Best Debt Relief, and Debt America.


Is there a compromise made with the irs relief tax?

Many companies work with the tax debt companies to help relieve tax debt. There are many tax debt lawyers that can help you get this settled for a significant amount of money cheaper than what you owe.


What is the leading debt relief company?

The leading debt relief company would be National Debt Relief (855-807-1484). This is according only to 2013 debt relief reviews. The next top company would be CuraDebt then followed closely by CareOne Debt Relief Services.


When was Freedom Debt Relief created?

Freedom Debt Relief was created in 2002.


Which companies offer debt relief services?

There are many companies that offer debt relief services. Some of these companies that offer debt relief services include DebtWave, National Debt, and Premium Debt Help.


Are there lawyers who specialize in debt consolidation and levis?

If you were to ask a debt counselor about the best route to eliminate your debt, it is very likely that he will tell you to seek out a debt consolidator. Debt consolidation is an excellent, smooth way to eliminate your debt. If your goal is to consolidate your debt, you have several options. You could, for instance, utilize a company that specializes in debt counseling. A company like the one just mentioned will try to negotiate lower interest rates and payments with your creditors. All of your debts will be consolidated into one payment to them, which they will use to pay off your different creditors.


Where can one find information on debt relief solution?

Debt relief information can be found at a number of websites. One can go to the Bills website or the Freedom Debt Relief website or the In Charge Debt Solutions site.


Where is debt relief offered?

There are many debt consolidation programs out there that will offer debt relief. You need to make sure and find a reputable service tho. Debt relief information can be found at most credit unions and banks.


What is the purpose of the government debt relief?

There are many reasons that the government provides debt relief. The main reason and purpose behind government debt relief is that people can keep their homes and vehicles.


Where can someone get free debt relief?

There are a number of companies which offer help with debt relief. However, free debt relief simply does not exist. Each company takes at least a small profit from the money they save from consolidating your debt.


Why is Debt Relief Counseling so important?

Debt Relief Counseling is very important because an individual can put themselves in serious debt without knowing the answers on fixing it. Debt Relief Counseling can be found in the telephone book.