Skilled Cherry Hill, NJ Lawyer Negotiates with Credit Card Companies to Lower Debt
If you are someone who uses credit cards all the time, it’s not unusual when you have a month where you’ve spent more than you can afford to pay. When one month turns into six, and you find you are barely able to pay the minimum amount on your credit card bill, it’s time to consider ways to negotiate your credit card debt down to a manageable level.
Is that possible? Can credit card debt be negotiated down? In many cases, the answer is yes. Your best bet, however, is to obtain the skilled guidance of an experienced debt negotiation attorney like Bankruptcy lawyer Joel R. Spivack, Esq. He has helped countless good people in Cherry Hill, Marlton and the surrounding communities in South New Jersey manage their debt and get on the road to better financial health. He is passionate about debtors’ rights and will explain them to you clearly so you fully understand.
What Can a Camden County, NJ Lawyer Do to Help Me Lower My Credit Card Debt?
It shouldn’t come as a surprise that creditors may be more likely to negotiate more seriously with a lawyer than a customer. It stands to reason that if you seek legal guidance, you are likely serious about wanting to settle your debt.
Mr. Spivack is a seasoned bankruptcy lawyer who believes that filing for bankruptcy protection may be the best choice for dealing with overwhelming debt. However, he also knows that there are alternatives to bankruptcy, including credit card debt negotiation.
- You may be able to make a reduced lump-sum payment in lieu of the entire amount owed. Mr. Spivack can often further negotiate the terms of such an agreement, so that you can pay the reduced amount in a few payments as part of an agreed-upon schedule.
- You may qualify for forbearance. Perhaps you got hurt at work and are bringing in less of a paycheck than usual. If your financial problems are temporary, Mr. Spivack can ask for forbearance of your debt from the credit card company. This means that you will have longer to pay, possibly without fees. The debt doesn’t go away but you won’t be racking up interest either.
- A workout agreement will likely cut off your access to the credit cards, but it may reduce the amount you owe and possibly eliminate fees. Mr. Spivack can work out a plan with your creditor under which the bank stops charging you fees for being in arrears on the account. Your amount due may even be reduced.
Speak to a Skilled Debt Negotiation Attorney Who Will Help Reduce Your Credit Card Debt
The only thing worse than being in over your head in debt is having to deal with nasty credit card company representatives who give you the run-around when it comes to trying to find a solution to your problems. The person who answers the phone probably has very little authority, if any, to really help you. They take payments; they don’t negotiate debt.
Mr. Spivack has many years of experience in credit card debt negotiation. He knows the right people to speak to and how to access them. He will put all of his knowledge to work for you in an effort to dig you out from the mountain of debt that is crushing you. Don’t wait until it’s too late to negotiate because then you may be facing other challenges such as frozen bank accounts or wage garnishments. Contact Joel R. Spivack, Esq. today for quick action about your credit card debt.
