Licensed Real Estate Broker

If you are facing the loss of your home, Attorney Kelbel has the knowledge concerning real estate and other complex legal issues. As a licensed real estate broker, she has the credentials to help you through this difficult time.

Why Debt Settlement Is a Good Option

Those struggling with debt too often believe that diligently paying it off in small increments—or even filing for bankruptcy—are their only options. Debt settlement, however, remains a viable option for many of these borrowers that offers a host of different advantages that they are unaware of.

What is Debt Settlement?

Debt settlement involves negotiating with creditors and agreeing to a new, reduced sum that needs to be paid off. Often, the time frame for paying back this new amount can also be re-evaluated and extended. Various kinds of debts, including credit card and medical debts and personal loans, have the potential of being settled. However, arriving at a debt settlement takes careful navigation with creditors and making a powerful case for settlement consideration. An experienced debt relief attorney can help borrowers through this sensitive process.

Just a few of the benefits of debt settlement include:

  • Dramatic debt reduction: on average, settled debts reflect 30-40% of the original debt.
  • Typically, those who settle their debt avoid bankruptcy.
  • Unlike bankruptcy, debt settlements are not a matter of public record.
  • Unlike bankruptcy, you do not have to turn over your financials to creditors
  • It has less effect on your credit than bankruptcy
  • It allows borrowers to pay off their debt in less time.
  • It ends threats and harassment from creditors.
  • It does not affect other accounts, only debt you wish to settle.

How Kelbel Law Offices, LLC Can Help

Our firm knows what it takes to secure a favorable debt settlement for our clients. Our experienced team has worked with nearly every creditor lending to greater Milwaukee residents and have a track record of above-average results for our clients—including settlements as low as 10% of their original debt.

Think debt settlement could be right for you? Contact our dedicated and insightful Milwaukee debt relief attorney today for free consultation.