WHO WE ARE?
The Gershfeld Law Group provides a variety of legal services, ranging from Debt Relief to Civil Litigation and Business Transactions. We pride ourselves in providing excellent legal service with a personal touch. At the Gershfeld Law Group, you are not just a name. We take pride in having a personal relationship with each one of our clients.
Here at the Gershfeld Law Group, we understand that “Strategy” makes the difference between success and failure. Every move we make on behalf of our clients is carefully planned and methodically executed. With proper leverage and excellent negotiation skills, we always put our clients in a position of strength so they can effectively achieve their goals.
HOW WE CAN HELP
Let this year be the year you make a commitment to becoming debt free. Call us for a personal and free consultation where we can review your financial situation and walk you through a number of possible options!!!
Here are some ... ?
• Credit card companies are more cautious when dealing with us. As attorneys, they know that we have the knowledge, skills and ability to litigate or help you with bankruptcy proceedings if necessary;
• Credit card companies know they are dealing with people that are well versed in the laws and statutes;
• They know that we cannot be intimidated and bullied, because dealing with adversarial situations is what we do for a living;
• As attorneys we tend to have stronger negotiation and oral advocacy skills, thereby leading to better and quicker settlements;
• If a creditor decides to sue you, which is rare because it is not in their best interest to do so, we are in the best position to defend you against such lawsuits. Moreover, even in the face of a lawsuit, we continue to negotiate on your behalf.
Our experienced and highly trained debt analysts will first gather information that we need in order to obtain a full, accurate and thorough picture of your finances (income, expenses, assets and liabilities) and your financial hardship. Next, they will gather more, in depth, information about every outstanding debt you have and every creditor you owe money to, as well as the status of the account. Once, we have a full understanding of your financial situation, hardship, list of creditors, and status of your creditor accounts, we will custom tailor a legal debt resolution program based on your ability to pay—not what creditors dictate you should pay!
• Secured Debt is a loan where the creditor retains a security interest in any item of real or personal property. If you fall behind on payments, the lender can repossess the property. You may also remain liable for any deficiency balance owed. Examples of secured debt is your mortgage or car lease payment.
• Unsecured Debt generally arises out of a contract you enter into with a creditor, which enables you to obtain goods or services on credit in exchange for your promise to pay the creditor back. This debt is NOT secured by any real or personal property. As such, if you fall behind on these debts the lender cannot repossess any tangible property, and can only initiate legal proceedings against you to attempt to collect on the debt. The most common types of unsecured debts are: credit cards, medical or collection debt, unsecured personal loans, deficiency balances on vehicles already repossessed, and some unsecured business debt.
More important, let’s examine what it means to have good credit. Why is it so important to preserve a good credit score? There is only one real answer to that question: TO GET INTO MORE DEBT! We need a good credit score to be able to get credit. Credit=Debt. While we are not saying that it’s not important to have a good credit score in the long run, you have to focus on what is really important to you in the current moment. In other words, you need to choose your battles and weigh your options. At this time in your life, are you looking to get into more debt, or are you looking to get out of the $20,000, $30,000.00 or $50,000 thousand dollars of debt you are currently drowning in?
Bottom line is: Yes. Your credit score can be impacted, but a credit score is temporary and repairable. As we begin to settle your debts, one at a time, your credit will start repairing itself. So, you must ask yourself if it’s worth temporarily lowering your credit score in exchange for living a debt free life. We know you will see that it does!