We understand these are very difficult times for you and we are here to help. At Florida Law Advisers, P.A., our professional legal team will work closely with you to develop a comprehensive legal strategy to help alleviate your financial stress. We are experienced in all bankruptcy and debt relief matters and are dedicated to helping our clients regain their financial health.
Our initial consultation is free and we offer flexible payment options to all of our clients. At Florida law Advisers, P.A., we want to provide you with solutions, not add to your financial burden. We accept many forms of payment and offer our bankruptcy clients the choice of either a low cost flat fee or low cost hourly fee for legal representation. Contact us today by phone, email, website form, or website chat to schedule your free consultation with a debt relief attorney at Florida Law Advisers, P.A.
The loan modification process is very similar to out-of-court settlements, except that loan modifications are specifically for mortgages. Loan modifications can lower your principal balance, extend your repayment period, reduce your interest rate, and eliminate late fees. Loan modifications are valuable tools homeowners can use to avoid foreclosure and make their mortgage payment more affordable. However, getting a loan modification can be a very time consuming and frustrating process without competent legal representation.
Debt consolidation is the process of getting one large loan to pay for all of your outstanding debts. Debt consolidation is beneficial because the interest rate for the consolidation loan may be much lower than the interest rate you are currently paying on your debts. The consolidation loan may also extend the time you have to repay the debt, resulting in a lower monthly obligation. In addition, most borrowers prefer to have just one payment each month, rather than having multiple bills they need to worry about.
Out-of-court settlements are legally binding agreements between you and your creditors. An out-of-court settlement may allow you to reduce the total amount owed, extend the repayment period, and lower your monthly payment. In most cases, creditors are willing to negotiate because they would rather receive a smaller portion of what is owed instead of receiving nothing at all.
It is important to have legal representation when negotiating with creditors to prevent any unwanted consequences. Your creditors will likely have a team of attorneys working to protect their interests. You should have a skilled attorney on your side protecting your rights. In most cases, you will be required to sign a settlement agreement that can be difficult to understand and may have hidden penalties that only an experienced attorney can identify. By working with Florida Law Advisers to negotiate an out-of-court, settlement you can be confident your rights are protected and you are getting a fair agreement.