There are many companies who don’t have a lawyer but they claim that they can reduce your debt just within few steps. Ariano & Reppucci, PLLC is a legal firm with experienced debt settlement attorneys who have been helping people for a long period of time.

Recently over the past weekend, Ariano & Reppucci law firm held the seminar in their Arizona office where their different debt settlement lawyers helped the residents of Arizona understand how to lower their debt amount, defense lawsuits and how debt settlement can help them survive peacefully.

Recently over the past weekend, Ariano & Reppucci law firm held the seminar in their Arizona office where their different debt settlement lawyers helped the residents of Arizona understand how to lower their debt amount, defense lawsuits and how debt settlement can help them survive peacefully.

The main topic discussed in the seminar was, what is basically debt settlement? What are the type of debts that can be settled? Can you afford debt settlement? These important topics surely opened the eyes of the public who were in dark light with regard to debt settlements. The seminar cleared that when you work with a debt settlement company, you stop paying your creditors and start paying into a trust account set up by the debt settlement company. Part of your payments goes towards fees and part of it goes towards an account that will then be used to pay off your creditors after negotiation. Debt settlement is the only way to decrease the debt in which the debtor and the creditor agree upon a reduced balance that is considered payment in full. Consumers can arrange their own settlements by using advice found on this and other websites. You can also hire an attorney to act on your behalf or you can use a debt settlement company. You should be aware that no matter which method you use, you may have to pay more in taxes on your next tax return as a result of negotiating a lowered debt balance. If you have an income or have money set aside you will likely qualify for debt settlement.  Debt settlement involves making a lump sum payment to each of your creditors.  Some individuals have money set aside such as money in savings or a retirement account, while others require a payment plan.

In the end it was also discussed that why people should hire the company with professional debt settlement lawyer and why not others. There are many companies who don’t have a lawyer but they claim that they can reduce your debt just within few steps. Ariano & Reppucci, PLLC is a legal firm with experienced debt settlement attorneys who have been helping people for a long period of time.

Contact Info:
Ariano & Reppucci, PLLC
Phoenix Law Office
1430 E. Missouri Ave, Suite B150
Phoenix AZ 85014
Phone: (623) 777-2989  
Email: [email protected]