West Virginia Debt Settlement Assistance
Many consumers turn to debt settlement or consolidation as a way to get out of debt. Unfortunately, many people pay thousands of dollars to the debt settlement firm only to end up deeper in debt with no assistance from the consolidation firm.
If you can’t pay your bills, our lawyers can help you find a solution that actually works.
At Hamilton, Burgess, Young & Pollard, P.L.L.C.., in Fayetteville, West Virginia, our lawyers have a deep understanding of the protections that are available to consumers under both bankruptcy and the Fair Debt Collection Practices Act (FDCPA). With more than 100 years of combined experience, our attorneys have helped many people who were in difficult financial straits just like you.
You’re David. They’re Goliath. We’re The Slingshot.
For most people with debt problems, debt settlement simply doesn’t work. Here are some of the reasons why:
- Debt settlement firms typically demand payment upfront and do not give any money to creditors until their entire fee is paid. As a result, you will continue to accrue late fees and interest fees while you are making payments to the debt settlement firm.
- Creditors are not required to deal with the debt settlement firm. Many refuse to negotiate and file a lawsuit against the debtor instead.
- The creditor can continue to harass you while you are making payments to the debt settlement firm.
- Even if the creditor does forgive a percentage of your debt, you will owe taxes on the canceled debt to the IRS.
When you file bankruptcy, you can obtain tax-free debt relief and the creditor does not have the right to say no. In many cases, our lawyers successfully sue the creditor for debt collection violations of the Fair Debt Collection Practices Act and provide you with debt relief without filing bankruptcy.
For More Information About Debt Settlement Vs. Bankruptcy
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
This website contains legal information and is not intended to give legal advice or form an attorney-client relationship. Viewing this website does not create an attorney-client relationship with Hamilton, Burgess, Young & Pollard, P.L.L.C..