Lansdale, PA -- (SBWIRE) -- 01/31/2019 -- Those who are facing a mountain of debt while still able to make payments are encouraged to contact the knowledgeable attorneys at Tadross Law. An attorney from this law firm will be more than happy to discuss the various benefits of debt settlement in Philadelphia and the surrounding regions.
Debt settlement establishes a reduced payment of debt in exchange for a lump sum or restructured monthly payments. The attorneys from Tadross Law are able to educate clients on the debt settlement process, as well as negotiate on their behalf and determine the best payment plan for the client and the creditors.
There are two types of debt an individual can settle: secured debt and unsecured debt. Secured debt is debt tied to an asset, such as a home, car, or piece of land. Since the creditor has the right to seize these assets as a means of recovery, debt settlement cannot resolve secured debt problems. However, Tadross Law offers other services such as loan modification and bankruptcy to help clients reach a settlement.
On the other hand, unsecured debt can be settled with the guidance of an attorney from Tadross Law. Unsecured debt is a type of debt not attached to any asset and can include student loans, credit cards, payday loans, medical bills, divorce debt, RV/boat debt, and much more. The attorneys from this firm will negotiate with creditors to reduce balance owed and come to an agreement that the creditor and client will be pleased with.
To learn more about the law firm's debt settlement services in Philadelphia and the surrounding regions, contact Tadross Law today.
About Tadross Law
Tadross Law was founded with the goal of helping clients across the Greater Philadelphia area with their legal needs, whether in the form of litigation or transactional issues. This law office is well-versed when it comes to IRS tax matters, general civil litigations, and transactional matters, and takes pride in offering affordable flat rates instead of billing clients by the hour. Individuals who need assistance surviving debt and financial insecurity can find refuge with Tadross Law.
To learn more about Tadross Law, please visit http://tadrosslaw.com/ or call 215-500-5000 if in Philadelphia or 267-643-1415 if in Lansdale, PA.
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