What is a debt negotiation attorney?

A debt negotiation attorney is a type of lawyer who specializes in representing individuals when they are dealing with large amounts of consumer debt. These attorneys are knowledgeable in negotiating with creditors on their clients’ behalf to try to reduce the amount of the debt, either in a lump-sum payment or through a payment plan. In South Carolina, these attorneys can work with creditors in accordance with the Consumer Debt Defense Law in order to get the best possible terms for the borrower. Debt negotiation attorneys are also well-versed in bankruptcy law, which may be an option for some individuals who are struggling with unpaid debts. They can help guide individuals through the bankruptcy process and help them determine the best course of action for their particular situation. Additionally, debt negotiation attorneys are very knowledgeable in the laws and regulations that govern debt collection in the state, and can help ensure that all parties are abiding by the law during any negotiations. In most cases, debt negotiation attorneys work with individuals who have a relatively large amount of debt that they need assistance in managing. They are well-versed in financial law and can advise clients appropriately on how to best navigate the situation. For individuals who are looking for a way out of their debt, hiring a debt negotiation attorney is usually the best option.

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What is a debt negotiation attorney?

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