What is a debt negotiation attorney?

A debt negotiation attorney is a lawyer who specializes in helping people negotiate a settlement or resolution of their consumer debt. In Wisconsin, debt negotiation attorneys can help consumers understand their legal rights when it comes to dealing with creditors, as well as provide advice on debt resolution and negotiation strategies. A debt negotiation attorney can assist in negotiating a lower payment or interest rate with creditors, as well as advising on how to avoid future debt. They can also assist with developing a plan to pay off debt, which may include creating a budget and finding ways to reduce expenses. In addition, they can advise on debt relief options, such as filing for bankruptcy or consolidating debt. A debt negotiation attorney can also help consumers understand consumer debt defense laws in Wisconsin, such as the Fair Debt Collection Practices Act (FDCPA). This act makes it illegal for creditors to harass and abuse consumers who are unable to pay. The attorney can inform the consumer of their rights under this act and help them file a claim if they have been the victim of debt collector harassment. Lastly, a debt negotiation attorney can help consumers in the event that they are sued by creditors for unpaid debt. The attorney can explain the legal process and help the consumer understand their rights in order to defend themselves in court.

Related FAQs

How can I protect myself from unfair debt collection practices?
How do I challenge a charge-off on my credit report?
Can a debt collector report a debt to the credit bureaus?
What happens if I am sued for a debt?
How can I remove a debt from my credit report?
Can a debt collector sue me outside of the state I reside in?
Can a debt collector threaten to report me to the credit bureaus?
What rights do consumers have in debt collection?
What is a judgment?
What is a debt collection mediation?

What is a debt negotiation attorney?

Related FAQs

Related Blog Posts