Settlement versus Litigation - Which is Better?
When dealing with credit card debt one of the most important questions is whether or not to settle the debt or pursue litigation. Each course has full-size implications on your price range and peace of mind. Debt settlement entails negotiating with your creditor to pay a lump sum that is less than the whole amount you owe. This can fast remedy the debt and stop series calls, however it may negatively impact your credit score and there are tax outcomes to bear in mind. Litigation or fighting the debt in court is an option if you believe the debt is not yours the amount is wrong or the creditor cannot prove you owe it. This course can lead to the debt being dismissed absolutely, however it contains the risk of a judgment against you in case you lose which can lead to salary garnishment.
We are Lawyers
For over 50 years, the Credit Card Legal Clinic has been defending people against competitive lenders and series organizations. We understand the enormous strain that debt can motive, and we’re here to fight for your rights and your financial future. Our skilled prison group affords complete aid from evaluating your case and advising on the first-class strategy whether that’s negotiation or litigation to representing you in court. We believe in empowering our customers with clean, honest criminal recommendations.
