• Credit Cards

• Repossessed Vehicles Debt

• Medical Debts, including Medical Liens

• Uninsured or Under-insured Vehicle Accidents

• Court Judgments

• Pending Lawsuits

• Student loans

• Solar and Water System Debt

• Unpaid Rent, Evictions, and Breach of Lease Claims, both personal and business

• Utility Bills

• Breach of Contract

• Personal Loans

• Business Loans and other debts

• State Tax Debt

What is the difference between Debt Settlement and Debt Consolidation?

A Debt settlement is when a creditor agrees to accept less to consider a debt “paid in full.” In contrast, Debt consolidation lets you make one payment towards repaying most or all of your debts. However, genuinely consolidating debts requires you to go to a new lender to repay your debts or settle them for a reduced amount.

But this is the catch – companies that offer “debt consolidation” aren’t lenders. Your state government must license every Lender. The loan business is highly regulated. However, debt consolidation companies do not to follow government . They also certainly do not want the government to look at them too closely. So instead, they offer debt settlement which they disguise as debt consolidation. This sleight of hand has an essential purpose – to make them more money, to hide from any responsibility to their customers, and to make repaying your debts impossible. So while you believe your payments are going to your creditors, your payments are only paying the fee to the “debt consolidation company.” Debt consolidation companies don’t begin negotiations to repay your debts until you pay their fees in full and have money on deposit to pay out a settlement. As a result, people often make payments for years. While this takes place, these debt consolidation companies do nothing to earn their hefty fee.

How Does Debt Settlement Work?

Debt settlement works because collecting is difficult and expensive if someone isn’t voluntarily paying. As a result, a skilled negotiator can negotiate terms to settle your debts at a discount. Depending on the circumstances, your savings might be modest or substantial. Debt settlement is a good option for someone who can pay part of their debts but struggles to get on top of all of them. In addition, debt settlement offers the advantage of letting you overcome debt struggles without having to disclose your financial circumstances publically. 

Each method of debt relief has advantages and disadvantages. So at Vegas Debt Solutions, our Las Vegas debt settlement attorney recommends keeping an open mind. If you need advice, consult a debt settlement lawyer who thoroughly understands Debt Solutions law. At Vegas Debt Solutions, Attorney Dorothy Bunce can answer your questions so that you understand your options before you make this important decision.

Can All Debts Be Taken Care Of With Debt Settlement?

Debt Settlement only works if a creditor agrees to settle. No one, not even a Judge, can force a creditor into settling. So, of course, debt settlement involves some risk. At Vegas Debt Solutions, our debt attorney Las Vegas, NV believes our clients should understand their risks and limit them whenever possible. So our retainer fee is modest. We don’t earn our fee until we obtain the results you want. Also, we don’t require you to give us your settlement funds until we have a settlement agreement. Although some clients ask us to do this, at Vegas Debt Solutions, we don’t require this.

Is Debt Settlement a Good Idea?

Before deciding, you have several issues to consider. Are your goals realistic? While Debt Settlement works for many people, it for others. Debt settlement will only be successful if there has been a  careful evaluation of your circumstance. Reach out to an experienced debt settlement lawyer, such as Vegas Debt Solutions in Las Vegas, to receive an objective analysis about debt settlement.

Advantages of Debt Settlement.

• Stops creditors and collectors from harassing you.

• Could reduce your debt.

• Keeps your financial information private.

• Does not affect what you own.

Disadvantages of Debt Settlement.

• Creditors may refuse to negotiate.

• Because of interest and late payment fees, you may have more debt.

• Your credit may see a negative impact.

Speak with a skilled debt settlement lawyer at Vegas Debt Solutions today. We negotiate with your creditors and find the solution that works best for you.

Is Debt Settlement Right For Me?

Your chance of success will increase if you hire an attorney who knows the ropes and knows those working for your creditors. Is debt settlement the ideal option to get your debt under control? Before answering, at Vegas Debt Solutions, we will first analyze your circumstances. If you are not likely to be able to afford to settle your debts, we will tell you this. If you expect unrealistic results, our debt settlement attorney near you in Las Vegas, NV will also explain why. Choosing debt settlement is an important decision. Because one size does not fit all, the team at A Fresh Start Law suggests considering many factors before making a final decision.

If a Nevada Hospital has imposed a lien on your home to pay an old medical debt, we may be able to get it  removed! We can help you. You might owe

University Medical Center (UMC)

Sunrise Hospital

Valley Healthcare

Dignity Heath – St Rose Hospitals

Henderson Hospitals

Summerlin Hospital

Southern Hills Hospital

North Vista Hospital

Or any other  Nevada hospital.

Even with medical insurance, Nevada law allows the hospital to record a lien upon any real estate you own, including your home. The hospital doesn’t have to warn you before placing this lien. But because this lien isn’t subject to legal oversight, the hospital must carefully follow the legal procedures. However Hospitals often make mistakes. As a result, our law firm has successfully removed Hospital liens. We have saved our clients tens of thousands of dollars. And the cost to hire us to do this is modest.

Usually, the government follows the required procedures. But if a taxpayer ignores this debt and refuses to pay, the authorities can seize your property. So a tax lien is an emergency. Unfortunately, a tax lien lets the government take your property for your tax debt and pay any interest and penalties you owe. Often, the interests and penalties are more than the underlying tax debt. But, of course, the Vegas Debt Solutions team can offer you immediate help to solve this overwhelming problem.

And after moving to southern Nevada, we discover hard water makes our skin itch and doesn’t clean well. Salespeople come by, call, or send us flyers. At some point, we fall for the pitch and buy something that costs far more than it is worth because “it saves money” and is available with “easy financing.”

And we wish we had asked more questions. For example, the lender may record a lien on our home as part of financing a solar or water treatment system. In some instances, the company promising to service these systems disappears. But the debt and the lien remain to ensure the finance company gets paid.

Vegas debt solutions can help resolve financing issues of solar and water treatment systems and find ways to eliminate any lien on your property.

In the law, none of these reasons matter.

To “do the right thing,” someone might voluntarily return the vehicle. In contrast, others will discover that a “repo man” has towed their ride in the middle of the night.’

In the law, none of these reasons matter either.

The result, however, really does matter. Whenever lenders repossess a vehicle, the already hard-strapped borrower will learn about an all-too-common problem with the unclear and technical description called a “vehicle deficiency.”

Here is how it happens – 

• You sign a vehicle loan contract. Although you might be the car buyer, often you believe you are only “secondary” on the note. Unfortunately, it doesn’t matter who has the vehicle. Anyone that signed the loan paperwork is 100% responsible for paying it. There is no such thing as being “the secondary.” The secondary is usually the person that must pay the deficiency since they became involved because the “real borrower” had bad credit.
• No one made the payments. It doesn’t matter if the car was repossessed or returned voluntarily.
• The creditor sells the vehicle at a huge loss, often at a rigged auction reserved “for car dealers only.”
• The creditor sues everyone that signed the vehicle loan, seeking payment of the difference between the net sale proceeds and the loan balance.
• The creditor obtains a Court judgment, and this judgment affects everyone that signed the vehicle loan.
• The creditor finds someone named on the Court judgment with a job and garnishes their wages.
• The creditor finds the person on the judgment with a bank account and seizes the money in the account.
• The creditor records their judgment with the County Recorder, which puts a lien on every person named on the judgment who owns real estate.

Here is why it happens –

• You bought a vehicle that was too expensive for your income.
• You lost your job or suffered other unexpected financial problems.
• You cosigned a vehicle for a partner, child, other family members, or friend.
• The vehicle turned out to be a lemon or wasn’t worth what you thought.

Would you like more information about ways to solve a vehicle deficiency? Request a same-day call back from our team at (702) 551-3256 or schedule a comprehensive consultation with Debt Solutions attorney Dorothy Bunce. The initial consultation is always free.

Landlord/ Tenant Problems

If you have rented property, whether for a home or a business, there could be a sizable debt if things don’t work out. By signing a lease, you agreed to pay a sum equal for its entire term. While 6 or 12 months is the typical term for a home, renting a business might involve a term of 5 or even 10 years. In monthly installments, the cost might not seem significant. But if you can’t fulfill this lease, the total you might owe could be enormous.

However, there can also be problems if the property is damaged when returned to the landlord. Some bad landlords even claim damages that don’t exist.

Defending a lawsuit in a landlord-tenant dispute is time-consuming and can be expensive. But if you have a costly dispute with a former landlord, Vegas Debt Solutions can help.

Would you like more information about solving a financial problem that includes debt to a landlord?

• Request a same-day call back from our team at (702) 551-3256

or

• Schedule a comprehensive consultation with Debt Solutions attorney Dorothy Bunce.

( The initial consultation is always free. )

Foreclosure is a legal process to take away your title to real estate. Simply stated, it is a way of repossessing real estate. But unlike a repossession, the right to foreclose is controlled by state law.

For example, a Lender with a mortgage or deed of trust can foreclose on real estate by following state laws. Most often, the Lender financed the purchase of real estate. However, others can also foreclose on your real estate. Some examples of circumstances where this can happen include –

1. A “home equity line of credit” loan. This loan is just another mortgage, so the Lender can foreclose on your property if unpaid.
2. Your Home Owners Association and the County Tax authority can and will also foreclose and sell your property by following state law.
3. The IRS can also foreclose on your property, and finally,
4. Other creditors can also foreclose and force a sale of your property unless you have protected it by recording a “Homestead.”

While your Lender is not required to work with you to prevent a foreclosure, if you have a good history of paying your mortgage, ythey might do so if you contact them as soon as you start missing payments.

The rule is “money talks!” Offer a down payment in cash and commit to future payments. Explain how you got behind and why things are different now. Don’t lie because you will never get a second chance with your Lender if you are not completely honest. Once your Lender goes to the trouble of recording a “Notice of Default” against you, most will refuse to take any partial payment from you and require paying the entire past-due amount.

When someone defaults on their mortgage, they won’t feel ignored. Realtors will reach out to you offering to sell your house immediately. You will receive telephone calls, letters, and even postcards with offers of help, often from those looking to take advantage of you. Please beware of high-pressure offers of assistance, especially from those with no professional qualifications.

Wouldn’t it be wonderful if you could stop a foreclosure with a mortgage modification program? But unfortunately, many lenders will waste your time asking you to fulfill their unrealistic barriers.

At Vegas Debt Solutions, we have experience negotiating with creditors, including mortgage companies. So our team can contact your Lender to see if they will work with you “in good faith” or if they are playing games and wasting your time.

If negotiations fail, Vegas Debt Solutions has one final way to stop a foreclosure – in a Chapter 13 Bankruptcy.

In Chapter 13, you and your attorney offer a Plan to the Court that lets you resume making ongoing mortgage payments. Your Plan must also describe how you will pay off the past-due mortgage debt. Vegas Debt Solutions can customize a Chapter 13 Plan based on your circumstances. Each one is different. The Plan lets you take up to five years to pay off your past-due mortgage debt. Loopholes are also available to stop late fees. Further, you might be able to eliminate many other debts, giving you more money to save your property from foreclosure.

Would you like more information about stopping a foreclosure? Request a same-day call from our team at (702) 551-3256 or schedule a comprehensive consultation with Debt Solutions attorney Dorothy Bunce. The initial consultation is always free.