Why Choose Alan J. Fisher?

Our founding attorney, Alan Fisher, approaches each case with a fresh perspective. We understand that what worked for one client may not work for you and look forward to landing on a strategy tailored that is right for your situation. Backed by 30+ years of experience, individuals throughout Boca Raton have benefited from working with our bankruptcy attorney.

Boca Raton Bankruptcy and Debt Negotiation

Experienced Debt Negotiation Lawyer

If an individual or business is unable to make monthly payments on secured and unsecured debts, then it is time to look for a workable solution to avoid going further into debt. Alan J. Fisher, PA is an established bankruptcy firm with over 20 years of experience in bankruptcy law and we have the knowledge and resources to help clients through bankruptcy, debt settlement, foreclosure defense, and debt negotiation. Everyone has a unique financial situation and we work closely with our clients, listen to their needs and help them resolve their debt problems with real and workable solutions.

Get in touch with our Boca Raton bankruptcy attorney to discuss your case.

About Debt Negotiation

Debt negotiation is also known as debt arbitration and is a means to reduce and resolve outstanding debts on behalf of individuals and businesses. Attorneys can utilize alternative dispute resolution to help clients facing past due debts and claims against them. Lawyers representing clients in debt negotiations must abide by the rules of the Florida State Bar.

There are many companies that advertise themselves as debt negotiation companies and offer customers a chance to greatly reduce their debts. Consumers who decide to use these companies should do their homework first by checking with the Better Business Bureau or Attorney General for any possible complaints filed against them. Typically, the companies charge large service fees paid up front over time but the debtor may find out that the money is not actually going toward paying off the debt. These companies are not regulated to the extent that lawyers are obligated to follow the State Bar rules.

The Advantages of Debt Negotiation

Attorneys negotiate with creditors on behalf of clients in the debt negotiation process. The outcome of a successful negotiation is reaching agreement on a debt payoff amount that is acceptable to the creditor and the debtor. It is favorable to both parties in that the creditor will receive money and the debtor often saves substantial amounts of principal and interest. The terms of the payoff are also part of the negotiation. A debtor with money to cover the agreement settlement figure may pay off in one lump sum. That is not always the case, however. The parties may decide on a payment plan with fixed payments on specific dates until the debt is fully paid. The debtor can benefit when there is a lower payoff as a final settlement opposed to paying off the full balance. Aside from bankruptcy, debt negotiation is the best route to take for handling past due balances owed by individuals or businesses.

Types of Negotiable or Non-negotiable Debts

There are some types of debts that are commonly outside of the negotiation and bankruptcy processes. These can include payroll taxes, student loans, child support, alimony, income taxes, sales taxes and other certain kinds of debts. We represent creditors and debtors. Our firm is experienced in helping companies with their collections activities in debt negotiations. We also help individuals and businesses with the various areas of charge-offs, secured loans, judgments, credit card balances, mortgages in arrears, auto loans, and other types of unpaid debt.

Let Us Negotiate on Your Behalf

Owing money can bring a lot of stress into your life. We can help you take control of your debt situation so you can pursue a life of debt free living. Many of our clients have benefited from the favorable outcomes of debt negotiation. It is the most effective means to handling debts short of bankruptcy and is an alternative that many of our clients wish to pursue. We also work with our clients to help them re-establish their credit and improve their credit ratings.

Contact Boca Raton attorney, Alan J. Fisher, PA, to learn about the benefits of debt negotiation today!