A Track Record of Success Since 1980
When financial times get tough, bankruptcy is not the only option. Depending on the kind of debt you owe and other factors, debt settlement could be a better course of action. If you would like to learn more about the debt settlement process and if it fits your needs, contact the Law Offices of W. David Stephens. For over four decades, our debt settlement attorney has helped clients get on the road to financial recovery.
Understanding Debt Settlement in Lufkin
To avoid filing for bankruptcy, many people choose to try to settle with their creditors. This process is referred to as debt settlement. Debt settlement involves a qualified attorney contacting each of your creditors individually in an attempt to negotiate a partial payment as the satisfaction of the debt. If the creditor agrees, you will pay a percentage of your outstanding balance and the rest of the debt will be dismissed.
The benefits of debt settlement include:
- Avoiding the long-lasting effects of bankruptcy
- Getting relief for from overwhelming debts
- Settling debts for less cost
- Repaying debts in less time
- Providing a chance for start fresh
Of course, as with any debt solution, there could be some negative consequences to pursuing debt settlement. A knowledgeable lawyer can evaluate your circumstances and help you determine if debt settlement is the right option for you.
Get Professional Assistance From a Qualified Attorney
Settling a debt can be a challenging process. Your creditors want as much money from you as they can get. It is crucial to have someone on your side who is not in it for the money, but who genuinely has your best interest in mind.
At the Law Offices of W. David Stephens, we care for each of our clients’ well-being. When you turn to us, you can have peace of mind knowing that our Lufkin debt relief lawyer is fighting to make your life better.
"I just wanted to let you all know how much we do appreciate all you have done for us. You have been very kind and considerate to us through all our trials."Sharron W.
"Mr. Stephens helped us in one of the most stressful times we’ve ever dealt with in life. Every time I left his office, I felt refreshed. Where I thought there was no hope, hope was always found."Brandon A.
"We tried so hard to make it and ran into trouble. Coming to you was the right thing to do. You and all your people were so kind and good to us. We felt "yes" we could hold on. All of you gave us back that hope."Harold & Mary M.
W. David Stephens
"In the mid-1990s, I became so overwhelmed with the volume of new bankruptcy clients that I had to give up my trial practice to concentrate full-time as a bankruptcy lawyer. I have exclusively concentrated on consumer and business bankruptcy cases since that time.Read Full Bio
I was awarded a Board Certification in Consumer Bankruptcy Law by the Texas Board of Legal Specialization in 2001, and I have been so certified ever since."