Ft. Lauderdale Debt Negotiation Attorney

Debt Negotiation: An Alternative

Debt negotiation is the process by which a debtor, or party representing the debtor, and the creditor come together in an effort to find an amicable solution that effectively decreases the amount owed and resolves the debt. Debt negotiation is one of several alternatives to bankruptcy, or may be a last attempt before making the decision to file. It can be very difficult for debtors themselves to negotiate debt with their creditors, because it is generally in the best interest of the creditor to keep loan amounts and interest rates high. In some situations, individuals have been able to negotiate lower debts due to creditor harassment or unethical collection methods. This can be extremely frustrating for many, however, and it is recommended to seek the services of a Ft. Lauderdale bankruptcy attorney who is experienced in debt negotiation.

There are a wide variety of reasons why you may want to renegotiate the level of your debt. The terms of your loan agreement may have been unfair, with creditors charging steep interest rates or unnecessary fees. For those who are unable to pay, overly-aggressive collectors may call at all hours, make threats against your financial well-being or worse, or contact your loved ones and coworkers to talk about your inability to pay your debt. While these may all be tactics that have been deemed illegal or unfair, they persist. Many debtors continue to be victims to this type of practice, without ever knowing that it's wrong. The Fair Debt Collection Practices Act and Florida Consumer Collection Practices Act provide strict laws that collectors should follow, though many do not.

Debt Negotiation Services in Florida

The Law Offices of Brown, Van Horn P.A. have over 40 years of experience in representing the interests of individuals, families and business owners who are seeking to renegotiate the validity and amount of their debts. We have extensive knowledge and experience with both federal and state collection laws, and can identify shady business practices that may provide the best opportunities for debt negotiation that can result in debt reduction or even elimination. Our firm is dedicated to the success of each and every client, and we will work hard in order to provide you with the level of representation that can help you achieve your debt settlement goals.

Contact a Ft. Lauderdale bankruptcy lawyer if you would like to negotiate a lower debt to be owed to your creditors, and need professional assistance.