Post-BAPCPA, my debt negotiation practice is thriving.  Since BAPCPA’S enactment, creditors have not gotten tougher and held out for higher percentage settlements believing that access to bankruptcy relief has become unattainable.  To the contrary, even well after the new act, most national banks and credit card issuers have lowered their settlement parameters, and discounts never before obtained are being accepted with regularity.

Click here to read an article entitled “The New Bankruptcy Law-
How Will It Affect Debt Negotiation?” by Charles Phelan.

Over one billion credit cards are in issue in this country.  That’s 4 cards for every man, woman and child.  A tenth of them have been hounded at least once by collection agencies for late payment, and over 25% of all holders have gone 30 days overdue on their credit card bills.  Yes, bankruptcy filings will soon return to previous levels and climb from there.  But the debt settlement option will always be a viable alternative for many debtors, and needs to be a part of the inventory of services you offer.

Project forward several months from now and imagine how your stress level would be lowered if you had replaced the drop in your bankruptcy revenue with the exciting and long term niche practice of debt negotiation.

Click here to read "Credit Card Debt Reduction & Settlement FAQ" by Mory Brenner, Esq.

:: Become a member of ATTORNEY DN today.