There is nothing worse than realizing you not only have insufficient funds to continue your standard of living, but you in fact actually owe money to credit card companies, banks, or other entities without any way to pay it off. Fortunately, you do have options. Read on and contact a seasoned New York City debt collection defense lawyer from Rahman Legal to learn more about what we can do for you.
Debt Collection Defense Lawyer | Fighting for Your Future
The prospect of losing your home, vehicle, or otherwise facing financial peril is frightening, but you don’t have to go it alone. Our New York consumer lawyer has decades of experience representing clients just like you, and we are here to protect and preserve your future.
Your Options
As previously mentioned, no matter your situation, you do have options. There are various laws in place designed to provide those in debt with a clear path to a bright future, and with the right debt collection defense lawyer, you can exercise those rights and move on with your life.
That said, you need to understand that the time to act is now. Waiting will only make the situation worse, and will typically result in a default judgment, giving the bank the right to garnish your wages, put a lien on your property, or otherwise ruthlessly pursue the debt it believes you owe. Some of your options are as follows:
- Work to settle the debt: For many, this may not be the best option, but it’s definitely better than doing nothing. When you settle your debt with the Plaintiff’s counsel (the attorney that filed the lawsuit against you) you’ll have to explain your financial situation and that you’re looking to make a lump-sum payment less than the amount of debt you currently owe. That said, as an unrepresented consumer seeking a settlement, you can expect their best offer to be around 80% of the debt you currently owe.
- Fight the debt: With the right attorney in your corner, you may be able to fight your debt and attain a favorable outcome. This can include drastically reducing, or even eliminating the debt your lender accuses you of owing.
Our firm has extensive experience representing clients who are in debt and need a way out. When you turn to us for help, you can have peace of mind, knowing you have a law firm in your corner that truly cares about your future.
Contact a Debt Collection Defense Lawyer Today
The bottom line is that if you need a way to lose your debt and move forward with your life, you’ve come to the right place. Contact us today to schedule your initial consultation with our seasoned New York City consumer law firm.
