Our Services:
Send us a Message
Toll Free Call Number:
1-855-442-4602
Castro Law, LLC, provides a reputable debt negotiations practice with experienced team members. Our firm has relationships with major lenders, and we understand the credit marketplace. We understand that falling behind on your debts can be frightening, and we can help you relieve this stress quickly.
Long before you must worry about facing foreclosure and repossession, lawsuits, or wage garnishments, you have options for getting your debts under control. These collection methods are time-consuming and expensive for your creditors, so they may be willing to come to an alternative agreement.
Why would a creditor settle for less?
It may seem surprising that creditors would be willing to settle for a lower amount than you owe to them. From their perspective, as an account becomes more and more delinquent, the chances of receiving even one more payment diminish, and the costs to recover increase.
How to settle?
You can always reach out to your creditor on your own and try to come to an agreement. If you do, remember that you face an experienced team whose sole job is to deal with hundreds of cases like yours every week. This mismatch of experience makes dealing with creditors difficult. They have teams of analysts and lawyers working to ensure they get the best deal possible. Of course, the best deal for them is not typically the best deal for you.
Our experienced partners will work to ensure that you get the most out of every debt negotiation. We understand the process, your options, and what the lenders are likely to agree to for settlement. The creditors will also understand that because you have retained financial and legal specialists, every option is potentially open to you. These options include bankruptcy, in which case they would receive no further payments.
Type of Unsecured Debt Eligible for Negotiation
Once you decide to retain our services, we will resolve your existing debts by negotiating with your creditors individually on your behalf. Negotiations might work well for you when you fall behind on the monthly repayments on your unsecured debt. Often, we can arrive at lump sum agreements that are significantly lower than the actual amount owed.
If you are grappling with overwhelming debt and would like to know more about debt negotiations and other debt-relief options such as bankruptcy, contact the experienced team of Castro Law, LLC, today.