Debt SettlementDebt Settlement

The Ceballos Law Firm offers multiple solutions to clients in financial distress including Debt Settlement. While bankruptcy offers a solution to consumers who are in serious need of relief, it is not the right solution for everyone. Some may not wish to pursue bankruptcy for a variety of reasons. These reasons include significant exposure to assets that are at risk in a bankruptcy proceeding, or sensitive employment circumstances which make filing for bankruptcy risky. Some may simply not wish to have the perceived “stigma” of a bankruptcy petition associated with their name, reputation, or credit report.

If bankruptcy relief is not the right solution for you, The Ceballos Law Firm can represent and defend you against harassing creditors and collection agencies in a debt settlement negotiation. We will see to it that your rights see to it that your rights as a consumer are protected, and not trampled by ruthless debt collectors.

Our firm will work with you to develop a real strategy to deal with your debt problems. This strategy includes determining priority debts that must be repaid and comprehending the legal consequences of not paying certain debts.

When you retain The Ceballos Law Firm to represent you in a debt settlement negotiation with your creditors, our objective will be to reach a settlement on the outstanding balances payable and owing to your creditors. There are inherent risks associated with not making scheduled payments to creditors. These risks may include, but are not limited to the following possible consequences: 1) interest rates applicable to your delinquent account, 2) late fees, penalties, and interest may continue to accrue on your debt until the creditor finally accepts an offered settlement, 3) law suits initiated by the creditor in court to obtain a judgment against you in an attempt to garnish your wages, 4) if a settlement is reached with your creditor for less than the total amount owing, this may show as a negative notation on your credit report, 5) finally, any amount of the debt forgiven or “written off” by your creditor must be reported to the IRS and considered as income to you for tax purposes.

The Ceballos Law Firm can counsel you through the option of debt settlement and help restore the financial peace of mind that so many Americans are striving for. Call today for a free initial consultation regarding debt settlement. 407-374-9620.