People earlier had the notion that there are hardly any options for all those who are under debt and want to get out of it without paying the complete amount. But if you have a good debt settlement attorney at your side you can come out of your debts without paying the complete amount. There are many law firms in and around New York and Brooklyn that offer debt settlement services. Law Office of Michael Levitis is one such highly reputed company engaged in providing legal recourse to avoid bankruptcy for over a decade.
Filing bankruptcy is perhaps the easiest legal mean of coming out of debt because as per law all your debts get eliminated automatically when you do so. But bankruptcy is not the best legitimate debt solution as its repercussions are far reaching and damning for it destroys your financial future. Once you declare yourself bankrupt you can just forget about loans or advances in future as no bank or financial institute will ever entertain you again. At Law Office of Michael Levitis skilled lawyers will study your case during the initial free consultation session and suggest debt solution that is best suited for you.
The best way to handle Credit Card Debt, however, is to hire debt settle services of a reliable and reputed company. Experienced negotiators from the company will contact creditors and negotiate on your behalf to reduce debt. When you hire services of seasoned lawyers at Law Office of Michael Levitis, they make sure you save your credit score so that you can avail loans in future also. Their deep understanding of the fine print of the agreement between you and the credit card company help them in picking loop holes in it which they use to pressurize the creditor to reduce debts up to 50%. With increasing number of people failing to pay back their loans due to extensive layoffs in present recession; creditors have little choice other than to agree for debt settlement.