Bankruptcy Isn’t Your Only Option: What You Need to Know About Debt Settlement

Contrary to popular belief, bankruptcy isn't the only solution for serious financial difficulties. A small percentage of our clients choose debt settlement legal services as an alternative to filing a Chapter 7 Bankruptcy or Chapter 13 Bankruptcy.

Reasons to Choose Debt Settlement

The vast majority of the time, the client choosing to debt settle instead of filing bankruptcy does so because he or she owns valuable property which cannot be exempted or protected in a bankruptcy. Debt settlement resolves their financial woes while allowing them to maintain control over their property.

In a debt settlement, we will negotiate with the creditor on the client's behalf.  We'll offer a lump sum of money, which the client provides, to the creditor as a full and final settlement of the debt. The lump sum payment is less than the debt owed, but the creditor will often choose this option over the risk of receiving no payment at all.

How Steffens Law Office Can Help You

Our office delivers results that the non-lawyer companies advertising on radio and television simply cannot. Our legal representation protects clients from creditor harassment, while consumers who hire the non-lawyer advertising results that seem too good to be true usually end up being sued and garnished by their creditors.

If you or someone you know needs the assistance of an experienced Nebraska bankruptcy lawyer, contact Steffens Law Office, P.C. at 308-210-2738 or use the contact form provided on this site to arrange for your free initial consultation. Let us help you find a way out of debt today.