Katy Debt Settlement Lawyers
For those struggling with debt payments which they can no longer afford to manage, their position may leave them feeling overwhelmed and without options. Fortunately, there are a variety of options available to those in this situation for returning balance to their finances. One option which has become increasingly popular in recent years is debt settlement. Through debt settlement, a more reasonable payment plan can be negotiated, allowing the debtor to reduce the burden of their debt.
If you or someone you know is struggling with overwhelming financial obligations, the Katy debt settlement attorneys at the Russell Van Beustring P.C., can provide you with the individualized, personal representation you need to return to the road to financial freedom. Contact our offices today at 713-973-6650 to speak with an experienced legal professional about the details of your situation.
Debt Settlement Options
In the debt settlement process, the debtor and their creditors negotiate a new payment plan through which the outstanding debt is resolved. Having a qualified legal representative on your side can be a significant step towards obtaining a more favorable repayment plan. The following are some possible outcomes of the debt settlement process:
- Interest rates on payments may be reduced or eliminated
- Payments may be merged into a single lump-sum
- Discharge of debts
- The period in which payment is due may be extended
These and other debt settlement outcomes can be a vital aid to those struggling with debt.
If you have significant amounts of debt and can no longer afford to manage them, an experienced legal professional may be able to help. Contact the Katy debt settlement lawyers of the Russell Van Beustring P.C. today at 713-973-6650 to discuss your case with a qualified member of our legal team and learn more about your rights and options under the law.