WEST VIRGINIA DEBT SETTLEMENT LAWYER WHAT IS DEBT SETTLEMENT? Debt settlement is an agreement between the creditor and the borrower for a lump sum with a reduced repayment amount to take the place of a full repayment. This is often negotiated with the help of a debt settlement company that takes a financial portion of the repayment.
Negative consequences from debt settlement include: Credit damage due to halted payment directly to creditors Lawsuits from the creditor related to debts unable to be settled Inability to pay monthly installments to the debt settlement company Lien placed on the borrower’s home
CONTACT US Give our firm a call today and let us help manage the debt settlement process. 82 1/2 14th St, Wheeling, WV 26003, USA (304)232-8600 info@mcintirelaw.com mcintirelaw.com