Negotiating with Creditors

An effective negotiation strategy shows creditors that a genuine hardship prevented you from paying your debts. Before creditors accept an offer, they want to be sure that you honestly cannot make your payments. They don’t want to forgive part of your debt if you can afford to pay the balance in full.

The settlement offer will depend on your financial outlook. I have extensive experience representing clients in bankruptcy court and negotiating settlements with credit card companies and lenders. My goal is to work one-on-one with you to understand your finances and use my experience to determine what offer creditors will accept.

Debt Settlement Basics

When handled properly, debt settlement can have less of an impact than bankruptcy while allowing you to recover faster if you can make the required payments. This option lets you reduce the amount that you owe without liquidating your possessions.

Debt settlement companies want to sell you something and make a quick profit on your misfortune. My job is to help you. I will review all of the possible solutions to see if debt settlement is the right choice. During a stressful time, you don’t need to be worrying about your money and your decisions regarding debt relief.

If you’re struggling with credit card debt and unpaid medical bills, debt settlement is one alternative to consider. I have worked with clients in Oklahoma City for the past 25 years. My goal is assess your finances, provide practical advice and help you find the best solution for your situation. Call Gary Hammond of Mitchell & Hammond at 405-216-0007 to schedule a free consultation.

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