Serving Clients of All Backgrounds
If you are seeking to avoid bankruptcy, a solution may be debt relief. Lawyers at Pinnacle Legal, P.C., have been assisting consumers and business owners with debt for nearly two decades.
Our debt relief lawyers are prepared to help you weigh the advantages and disadvantages of various forms of debt relief. When you contact us, we offer a thorough analysis of your situation and devise a plan to help you achieve your goals. If debt relief is a realistic remedy to your challenges, we are ready to be your guide.
We are prepared whether debt negotiation or bankruptcy will result in the best resolution for your circumstance. However, we believe bankruptcy is the last resort. Our team can provide a wide array of solutions to best suit your circumstances.
We work closely with clients to solve problems, applying trial skills and a clear understanding of business objectives. We cost-effectively handle complex commercial disputes based on our depth of experience and our focused approach.
Identifying risks and avoiding litigation is central to our practice. Whenever feasible, we pursue negotiation, alternative dispute resolution and other means to attain our client’s desired result.
Here’s what we do to settle your debt:
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We work with you to update your contact information with your creditors.
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When contacted, Pinnacle Legal demands the creditor cease all collection activity.
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When ready, Pinnacle Legal negotiates with your creditor to settle the debt.
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We convey all settlement offers to you, and secure an enforceable written agreement should you decide to settle.
Regular Updates: During each step of the plan, Pinnacle Legal consults with you about which creditors are ready to settle. We are available to answer any questions or concerns throughout the process. We provide regular updates throughout the process to ensure your satisfaction.
Consumer Advocacy Services FAQ
If you are seeking to avoid bankruptcy, a solution may be debt settlement. Our team has been assisting consumers and business owners with debt for nearly two decades.
What is Debt Settlement?
Debt Settlement (also referred to as debt negotiation, negotiated debt settlement or sometimes incorrectly called debt consolidation) means that your debt is negotiated down to a reduced amount and paid off in a lump sum. In some rare cases, multiple payments are utilized to pay off the debt, settling the account in full. Settlement is one of the most effective choices available to consumers. It’s a great choice if you have more debt than you can pay off in a 2 – 3 year time frame or are experiencing a financial hardship that has you falling behind (or just about to be) on your monthly payments. Why would creditors choose to settle debts rather than simply charge you interest and late fees over and over again? Well, it’s really a matter of dollars and good sense. Creditors know that if you get into such a bad financial position that you can’t pay your monthly payments, not to mention the amount of money consumers pay in interest and promotional fees. Therefore, they are usually very willing to settle for a lower amount, given your specific situation. One of our Debt Specialists will go through a full consultation to see if you can qualify.
Why should I use Pinnacle Legal, P.C. to settle my debts as opposed to handling it myself?
Pinnacle Legal has impeccable relationships with the creditors and collection agencies. You will also receive full legal representation with an attorney in your state for your protection. As well as specializing in FDCPA (Fair Debt Collection Practices Act) violations to assist in getting you the best settlements possible.
Do I have to include all my debts into a debt settlement program?
No. You may choose which debts you would like to enroll in the program. Your debt consultant will help you decide the best plan of action based on your current financial situation.
Who is holding my money while I’m waiting on settlement?
Your funds will be held at under your control within your own account, which is an FDIC insured trust account. This account will be opened in your name with you having ultimate control over its funds. The monies collected in this account get disbursed to creditors once you have agreed as well as cover expenses associated with the settlement.
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