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31 May, 2017 by Virgil
My case was with a major credit collection agency. At first I thought that I could take the case myself to court, but I can say that it was not the best decision at all. After leaving the first court hearing, I did a google search and found this website. My decision to hire Michael Fine was do to the great reviews. The results were extraordinary, he was able to get a great deal and the case dismissed. I did not expect such an amazing deal to this case, but it was all done in a matter of a few weeks, with no reason to show up in court even once or at his office for that matter. Trustworthy and professional are the two adjectives that best describe Michael Fine. Thank you again for everything Michael.
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02 Apr, 2015 by Sandra
Mr. Fine really believes in the concept of justice for the maligned. A debt collection agency knew they were breaking the law when they served me but still tried to collect on a deceptively high amount. They would not back down but neither did Mr. Fine. He filed suit in federal court and got me the maximum allowed.
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23 Sep, 2013 by John
Where other attorneys wouldn't even listen Michael not only listened but had the debt collector settle with me in my case (yes pay me) and drop their suit and erase the debt from my credit report due to all of their mistakes and lack of legitimate back up. If you are being taken to court on a debt whether you think you owe or not call him immeadiately!!!!!
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29 Jun, 2018 by Holly
I had the pleasure of working with Russell Moorhead last year on a probate and paternity case. I noticed Russell also specialized in real estate, so I figured it would be a good idea to hire him again. Mr. Moorehead is an intelligent, experienced and talented lawyer who also possesses the emotional intelligence to expertly handle clients and everyone else in the courtroom. I was fortunate to have him in court with me for a real estate deal case. Many times, you think you know what the outcome of a court case will or should be based on your own past experience or what you read online. Unfortunately, that just isn't true. You need a lawyer like Russell who understands how the evidence will be evaluated and how the judge and opposing attorneys will react. That's exactly what happened with my case. Russell knew right away what the best possible outcome for me would be. He explained how much we should ask for in the settlement, why and what to expect. As I watched the case unfold, I saw how right he was. Without him, I would have blown the entire case and received nothing. If you want an empathetic, knowledgeable lawyer who is also an ace in the courtroom, I fully recommend Russel Moorehead.
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28 Jun, 2018 by Vaughn
Ministers say only God can judge you. Administers say go to court for review. Let me give you an accounting report. Met with R. Moorehead who understands "tort." Rising confidence after first meeting. Modernizing American greeting. New lawyer for war by attrition To reconnoitre your position. Whose fee re-invests in you like tithing. Cues financial stability rising, Leaving worries behind you, so nod. Retreiving faith, peace, glory to God!
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13 Feb, 2018 by Anonymous
Mr. Moorhead answered all my questions completely and also gave me some excellent business advice.
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09 Nov, 2015 by Freud
Lawyer Jeffrey Yelsky was extremely open, honest and hard working on my foreclosure case. He is very well regarded for his ability on complex legal matters.
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05 Nov, 2015 by Mike
Jeff has provided me with superior legal representation and advice on numerous, widely varied legal problems. His background knowledge of the entire scope of the legal profession is awe-inspiring, and his work ethic, and ethics, are outstanding. Highest recommendation.
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23 Oct, 2015 by Chris
It has been an amazing experience working with Jeff on my foreclosure case. He is a brilliant mind, and honest. I highly recommend him. Thank you Jeff.
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20 Sep, 2016 by Tim
Went to other attorneys with numerous positive reviews prior to meeting with Matthew . The others did not really want to review in detail some of the issues that made my potential filing a little more challenging . Matthew spent nearly two hours with me and gave me very good informed advice. I highly recommend this lawyer and doubt one could find a lawyer willing to during a free consultation get into the details in a more thorough manner .
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Questions? We have answers

What a Debt Settlement Lawyer Can Do for You

A debt settlement lawyer specializes in helping individuals and businesses negotiate with creditors to reduce or eliminate unsecured debts, such as credit card balances, medical bills, and personal loans. These lawyers provide legal advice on debt relief options, represent you in negotiations, and protect your rights under consumer protection laws. By leveraging their expertise, a debt settlement lawyer can often secure more favorable terms than you might achieve on your own, potentially reducing the total amount owed and helping you avoid bankruptcy.

When Should I Hire a Debt Settlement Lawyer?

You should consider hiring a debt settlement lawyer in the following situations:

  • Overwhelming Debt: If you're struggling to make minimum payments on your debts or are facing significant financial hardship, a lawyer can help explore options to reduce your debt burden.
  • Creditor Harassment: If creditors or collection agencies are harassing you with frequent calls, letters, or threats, a lawyer can intervene to protect your rights under the Fair Debt Collection Practices Act (FDCPA).
  • Lawsuits from Creditors: If a creditor has filed a lawsuit against you for unpaid debts, a lawyer can represent you in court and negotiate settlements to prevent wage garnishment or asset seizure.
  • Complex Debt Situations: If your debts involve legal complexities, such as co-signers, joint accounts, or disputed charges, a lawyer can navigate these issues effectively.
  • Considering Bankruptcy: If you're contemplating bankruptcy but want to explore alternatives, a debt settlement lawyer can advise on whether debt settlement is a better option for your situation.
  • Protecting Assets: If you have significant assets you wish to protect from creditors, a lawyer can help structure settlements to safeguard your property.

Hiring a lawyer early can maximize your chances of a favorable outcome and prevent legal missteps that could worsen your financial situation.

What Does a Debt Settlement Lawyer Do?

A debt settlement lawyer provides a range of services to help you manage and reduce your debts:

  • Legal Consultation: Evaluates your financial situation, explains your rights, and advises on the best debt relief options, such as debt settlement, debt consolidation, or bankruptcy.
  • Negotiating with Creditors: Communicates with creditors and collection agencies on your behalf to negotiate reduced settlements, lower interest rates, or extended repayment terms.
  • Drafting Settlement Agreements: Prepares legally binding agreements that outline the terms of the settlement, ensuring that the creditor cannot pursue additional claims once the debt is settled.
  • Protecting Against Creditor Harassment: Uses legal tools to stop abusive collection practices and enforces your rights under consumer protection laws.
  • Representing You in Court: If creditors file lawsuits, the lawyer can defend you, potentially getting cases dismissed or negotiating settlements to avoid judgments.
  • Financial Planning Advice: Provides guidance on budgeting, managing expenses, and rebuilding credit after debt settlement.
  • Bankruptcy Alternatives: Helps you explore alternatives to bankruptcy, which can have long-term effects on your credit and financial opportunities.

How Are Debt Settlement Lawyers Paid?

Debt settlement lawyers typically charge for their services in one of the following ways:

  • Flat Fee: A set fee for specific services, such as negotiating with a single creditor or handling a straightforward settlement.
  • Hourly Rate: Charging an hourly fee for the time spent working on your case. Rates can range from $200 to $500 or more per hour, depending on the lawyer's experience and location.
  • Percentage of Savings: Some lawyers charge a fee based on a percentage of the amount they save you in the settlement. For example, if they negotiate a $10,000 debt down to $6,000, they might charge 25% of the $4,000 saved.
  • Retainer Fee: An upfront payment from which the lawyer deducts fees as they work on your case. You may need to replenish the retainer if it is exhausted.
  • Payment Plans: Some lawyers offer payment arrangements to make their services more affordable, allowing you to pay the fee over time.

It's important to discuss payment structures and fees during your initial consultation to understand the total cost and ensure it fits within your budget.

How Much Does a Debt Settlement Lawyer Cost?

The cost of hiring a debt settlement lawyer varies based on several factors:

  • Flat Fees: May range from $500 to $3,000 per creditor, depending on the complexity of the negotiations.
  • Hourly Rates: Typically between $200 and $500 per hour. Total costs depend on the amount of time required to settle your debts.
  • Percentage of Savings: Commonly 15% to 25% of the amount saved through negotiation. For example, if your lawyer saves you $10,000, their fee might be $1,500 to $2,500.
  • Retainer Fees: Initial retainers can range from $1,000 to $5,000, depending on the anticipated workload.

Additional costs may include:

  • Court Fees: If legal action is necessary, such as filing motions or defending against lawsuits.
  • Administrative Fees: Charges for copying documents, postage, or other administrative tasks.

Always request a detailed fee agreement and discuss all potential costs upfront to avoid unexpected expenses.

Top Questions to Ask a Debt Settlement Lawyer

  1. What is your experience with debt settlement cases similar to mine?
    Ensure the lawyer has a successful track record in negotiating debt settlements for clients with situations like yours.
  2. How do you charge for your services, and what are the estimated total costs?
    Understand the fee structure, including any upfront costs, percentages, or additional fees.
  3. What are the potential outcomes of my case?
    Ask for an honest assessment of how much your debts could be reduced and the likelihood of successful negotiations.
  4. How long will the debt settlement process take?
    Get an estimated timeline for negotiations and resolution.
  5. Will you handle communications with all my creditors?
    Clarify whether the lawyer will negotiate with all your creditors or only specific ones.
  6. What happens if a creditor refuses to settle?
    Discuss alternative strategies if a creditor is uncooperative.
  7. How will debt settlement affect my credit score?
    Understand the potential impact on your credit and how to rebuild it afterward.
  8. Can you help protect me from creditor lawsuits or wage garnishment?
    Inquire about legal protections and how the lawyer can assist if creditors take legal action.

How to Check the Credibility of a Debt Settlement Lawyer

  • Verify Their License: Ensure the lawyer is licensed and in good standing with your state's bar association.
  • Experience and Specialization: Look for a lawyer who specializes in debt settlement or consumer debt law.
  • Client Reviews and Testimonials: Research online reviews or ask for references to learn about other clients' experiences.
  • Professional Memberships: Membership in organizations like the National Association of Consumer Bankruptcy Attorneys (NACBA) or local bar associations can indicate a commitment to the field.
  • Disciplinary Record: Check for any past disciplinary actions or complaints filed against the lawyer.
  • Consultation Feedback: Use the initial consultation to assess their communication style, professionalism, and confidence in handling your case.

What Should I Prepare for My First Consultation?

To make the most of your initial meeting with a debt settlement lawyer, bring the following:

  • Detailed List of Debts: Include all creditors, account numbers, balances, interest rates, and any correspondence you've received.
  • Income and Expense Statements: Provide documentation of your income sources and monthly expenses to give the lawyer a clear picture of your financial situation.
  • Credit Reports: Obtain a recent copy of your credit report from all three major bureaus (Experian, TransUnion, Equifax).
  • Correspondence from Creditors: Bring any letters, notices, or legal documents you've received from creditors or collection agencies.
  • Legal Documents: If you've been served with lawsuits, summons, or wage garnishment orders, bring those documents.
  • Questions and Concerns: Prepare a list of questions about your options, the debt settlement process, and potential outcomes.
  • Budget Information: Be ready to discuss what you can realistically afford to pay toward settlements.

By being thoroughly prepared, you enable the lawyer to assess your situation effectively and provide the best possible legal advice tailored to your needs.

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