Many people are in control of some, but not all of their financial obligations. In instances where an individual or couple can meet most, but not all of their obligations, debt negotiation and workouts are available. Many times clients will have funds available, so that a final settlement of Credit Card obligations can be completed for up to 75% off the outstanding balance on the credit card.
Frequently lawsuits filed by the credit card companies can be settled without filing Bankruptcy with a substantial saving on the outstanding balances. Attorney Denaro frequently works with clients, credit card companies and collection agencies to resolve these debts short of Bankruptcy. Each client's case is different, but this option of credit card negotiation and debt workout is an available alternative to Bankruptcy and frequently results in a final settlement of credit card debt at substantial savings.