Debt Negotiation Industry Is Growing Fast
Debt negotiation (or debt settlement- used interchangeably) is big business.  An ever-growing number of debt settlement companies have cropped up in the past 10 years and expend millions advertising that they can help consumers eliminate their credit card and other unsecured debts for 25% to 60% on the dollar.  And they’re accomplishing just that. 

In view of the hazards of litigation, the cost of fruitless collections, and the potential for bankruptcy, almost all creditors and their collection agencies have special settlement departments whose sole function is to obtain a cash payment in exchange for a large discount on the balance owed.  This is not traditional consumer credit counseling.  It’s a whole new and different debt relief industry.

Don't Be Left Behind
But these large debt negotiation companies, most of which operate impersonally and at long distance, should not be allowed to steal this business away from you, a consumer bankruptcy practitioner. 

Many clients have already consulted with a debt negotiation company prior to seeking your financial advice.  Many of them will explore a debt negotiation option shortly thereafter.  If a client prefers to attempt a settlement of their obligations as an alternative to declaring bankruptcy, then why shouldn’t you, an insolvency expert with professional credentials handle these negotiations?  After all, you have something the debt settlement companies don’t have. 

You’re an attorney, and a bankruptcy attorney to boot.  This provides you with concessions and settlement strength that are very advantageous to your clients. 

Learn how you can turn simple phone and fax negotiations into significant discounted settlements for two types of  clients:

1) those who simply prefer not to file bankruptcy, and

2) those who are better off settling debts instead of filing bankruptcy.

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