Although it is not as fast as bankruptcy, debt settlement can provide a wonderful route for consumers to get rid of their debt without having to pay their creditors in full and avoiding the bankruptcy court. Debt settlement is when a consumer stops paying a creditor in order to try and force the creditor to make a settlement offer. If the consumer has the funds to pay the creditor what they are wanting, the consumer can potentially save money by not paying the creditor in full. However, debt settlement can be complicated and should not be done without legal counsel.
If you are interested in working with our firm to try debt settlement, contact our office at 816-524-4949 or visit www.Hoorfarlaw.com.