Overdue debt can represent more than just a headache. Indeed, harassing phone calls from creditors at all hours might be the least of your worries. You might be facing foreclosure, repossession of your vehicle, wage garnishment or credit damage. In the midst of all of this, you might find that you are ineligible for bankruptcy, or that bankruptcy is not your best option for other reasons. Fortunately, Nancy Neal Joyce is an experienced negotiator and litigator with years of experience helping people just like you. Rest assured that with Nancy Neal Joyce by your side, it is possible to negotiate a favorable private debt settlement plan with your creditors. Keep reading to learn more about how Ms. Joyce can help you to achieve financial freedom and get your life back on track.
When Bankruptcy Isn’t the Answer
Bankruptcy isn’t the ideal solution for everyone, since it can affect your credit record for up to a decade. In addition, a Chapter 7 bankruptcy may require you to sell many or even most of your assets, while a Chapter 13 bankruptcy will lock you into a three to five year repayment plan supervised by the bankruptcy court. Moreover, some debtors and some debts do not qualify for bankruptcy in the first place. For all of these reasons, private debt settlement is the best solution for some debtors.
Is Debt Settlement Right for You?
Debt settlement can allow you to avoid lawsuits and keep your credit record free of bankruptcy. When faced with an experienced and knowledgeable debt negotiator, creditors can be surprisingly willing to settle your debts for much less than their face value, just to avoid the expense and uncertainties of litigation. This is especially likely if you own relatively few assets. Many of your assets may be exempt from bankruptcy liquidation, leaving your creditors with little or nothing if they force you into bankruptcy.
Debt settlement might be your best alternative if:
- You don’t want to liquidate your assets (Chapter 7 bankruptcy) or if you can’t pay your debts within three to five years (Chapter 13 bankruptcy);
- Your debts are barred from bankruptcy discharge; or
- You are ineligible for a bankruptcy discharge because of previous bankruptcy proceedings.
The Advantages of Debt Settlement
Nancy Neal Joyce can negotiate directly with your creditors for the repayment terms of mortgages, credit card bills, personal loans, medical expenses, business debts and other types of debts. You may be able to obtain lower interest rates, longer repayment periods and partial debt forgiveness. She will help you reach written, enforceable agreements with your creditors. When you have fulfilled your end of these agreements, your debts will be legally discharged.
Why You Need a Qualified Debt Settlement Attorney
Although debt consolidation companies abound both on and off the Internet, many will charge you far too much and still fail to prevent lawsuits. Moreover, non-attorneys may fail to fully grasp the legal issues involved. A seasoned debt settlement attorney will be familiar with debt collection laws that prevent harassment and abuse by debt collectors. An attorney can send warning letters to creditors to stop the abuse, and can assert legal counterclaims against your creditors to further strengthen your bargaining position.
Contact Attorney Nancy Neal Joyce Today
Nancy Neal Joyce enjoys rich experience in debt settlement negotiation, and she offers reasonable fees in exchange for zealous representation. She will negotiate tirelessly on your behalf to reach the most advantageous possible debt settlement agreements for you. If you would like to speak directly with Ms. Joyce to discuss your debt settlement options, call her Livonia, Michigan office at (734) 427-7772 for a free initial consultation.
