How Much Does a Debt Settlement Lawyer Cost?

how much does a debt settlement lawyer cost

Are you facing a lawsuit for credit card debt? This can be a very stressful and overwhelming situation. What can you do? One option to consider is working with a debt settlement lawyer and finding debt relief there. Something that holds many from hiring an attorney is that it can be expensive. But just how […]

Can I Still Use My Credit Card After Debt Settlement?

can i still use my credit card after debt settlement

Many Americans find themselves trapped in the minimum payment credit card cycle. Credit card companies have designed their business model to keep people buried under more debt than they can repay in a reasonable time. Unlike reputable lenders, credit card companies prefer that you only make minimum payments each month. Why? Because they earn billions […]

Does Debt Settlement Hurt Your Credit?

does debt settlement hurt your credit

Debt settlement involves negotiating with creditors to forgive a portion of your debt in exchange for partial repayment. While this can alleviate financial burdens, it will negatively impact your credit score. Hiring a debt-relief company can be costly, but even if you handle negotiations yourself, the process is risky. Why?   Well, many say that […]

Should I Hire An Attorney For Debt Settlement?

should I hire an attorney for debt settlement

Debt settlement can seem intimidating, but it doesn’t have to be. If you’re considering settling your debt, it’s natural to have questions about the process, how much to offer creditors, and how to protect yourself. You might think you can do it on your own, but the truth is you need professional help. You may […]

How To Negotiate a Debt Settlement With a Law Firm

how to negotiate a debt settlement with a law firm

Owing an old debt can be very stressful. You know it’s there, lingering in your mind, and you wonder how you’ll pay it off or if someone will come after you for it. Debts usually don’t disappear on their own. So what can you do now? Having a lawyer handle your debt collection can be […]

Is Debt Settlement Worth It?

Find out if debt settlement is worth it and whether it's the right choice for you.

Debt accumulation might result in negative consequences to your credit score, legal threats, and harassment from creditors. These problems may cause you to look for a quicker way to pay off debt. One way to bargain with creditors to pay less than the total amount owed is through debt settlement. Compared to paying off the […]

How Does Debt Settlement Work

how does debt settlement work

The majority of debt problems are caused by different financial adversities including divorce, medical difficulties, or salary loss.  These are real difficulties that anybody can encounter without warning and which, through no fault of their own, can cause severe financial stress. Debt may become intolerable, especially if unforeseen costs make it difficult to make payments. […]

What Is Debt Settlement: A Basic Guide

What is debt settlement

Are you neck deep in debt or don’t know how to start over because of too much debt? Then debt settlement can be a lifeline during those tough times. Now, what is debt settlement? In this blog post, we’ll go into what debt settlement is and how Gershfeld Law Group can assist you. Let’s explore […]

The Path to Debt Freedom: Benefits of Living Debt-Free

Imagine yourself with the soft sound of waves crashing onto the shore while you stand on a spotless, sun-kissed beach, enjoying the sensation of total freedom while gazing at the magnificent horizon. You feel as if a weight has been taken off your shoulders during this peaceful moment; the stress of credit card debt, house […]

Debt Settlement Explained: Your Ticket to Financial Freedom

debt-settlement-definition

Are you neck deep in debt or don’t know how to start over because of too much debt? Then debt settlement can be a lifeline during those tough times. In this blog post, we’ll go into what debt settlement entails and how Gershfeld Law Group can assist you. Let’s explore how this financial strategy can […]