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Let’s Talk it Out…Reasons You Should Consider Debt Negotiation

Unexpected financial difficulties can happen to even the most frugal people. But debt – credit card debt in particular – is something that affects more families than you may realize. In fact, a 2018 analysis conducted by NerdWallet states that the average American household carries around $7,000 in credit card debt.

But you don’t have to stay trapped in debt. At Consumer First Legal Network, we believe that debt negotiation is an effective strategy to resolving our clients’ unsecured debts. So what is debt negotiation and what is involved in the process? In short, debt negotiation gives individuals the chance to repay their creditors for less than the outstanding balance.

Here are a few reasons why it might be the right choice for you too:

You Let Us Do the Work for You

If the thought of talking about your credit history with major creditors, lenders, and bankers intimidates you, don’t worry. That’s the beauty of what we do – we tap into our expertise and problem-solving skills on your behalf. We have years of experience and know what to do and what not to do when it comes to dealing with potentially aggressive creditors.

What’s more, Consumer First negotiators keep an eye on your account balance and debt balances and make a plan that helps you eliminate your debts starting with the most important ones first.

Pay Off Your Debts Faster

We believe that the debt negotiation strategy is a much better alternative to scrapping together small, minimum payments to pay off creditors for years on end or worse, filing for bankruptcy. We’re committed to helping you settle your debts as soon as possible so that you can quickly get on solid financial footing again. With us on your side, you have a greater chance of being able to repay creditors in a shorter period of time than if you were to either avoid repaying your dues or struggle to pay them without help from a debt negotiator.

Prevent Harassment

Throughout the process, one of our goals is to work with creditors, not against them. One way we go about this is by serving as the liaison between you and your creditors. We send each creditor a cease and desist letter, requesting that they contact us rather than bother you with harassing collection calls. You don’t have time for that – you’re too busy achieving financial freedom!

Avoid Filing for Bankruptcy

Many people who are struggling financially make the mistake of filing for bankruptcy right away. While this might be the right option for some, we believe debt negotiation is the way to go before settling for a last resort. Most creditors would rather you present a debt settlement plan as an alternative to declaring bankruptcy and avoiding repayment altogether.

Consumer First Legal Network is a national law firm with attorneys who help individuals and families like you who are struggling with unsecured debts. Would you like our financial counselors to take a look at your personal financial situation? Contact us and we’ll help you begin to turn it all around.

Consumer First Legal Network, LLC
Harold E. Stafford, Esq.
Managing Member
Licensed in Wisconsin
6918 Avalon Lane, Madison, WI 53719
Phone: 866-552-9492, Ext. 2