Debt Negotiation Helping You Live a Debt Free Life 

Los Angeles Debt Negotiation Lawyers

Finding You a Way Out

In many situations, a bankruptcy may not be the right or only answer to handling financial debt. Some people may make too much money, have too much in assets, or have a prior bankruptcy within the last eight years. There are many more reasons why a person may choose not to file bankruptcy. For these individuals, SM Law Group, APC offers debt negotiations or settlements, where we can reduce the amount owed on each individual debt.

Call our Los Angeles debt negotiation lawyers to discuss your individual debts today at (818) 805-1758, or contact us online for a free consultation.

Getting You Out of Debt

There are several ways an individual can get themselves out of debt. Bankruptcy is just one option. There is also debt consolidation, debt settlement, debt negotiation, and always the option of just paying everyone in full. Depending on the situation, offers may range from 10 to 50% of what you owe.

In many cases, a person may not qualify for bankruptcy or may not have much of debt for a bankruptcy to be effective. They may have enough funds to pay just some of the debt but don’t want to see late fees and interest accruing every month on the remaining balance of their accounts. This is where a person can choose to negotiate and settle their debt for less. Our firm can contact your creditors and begin making offers that are affordable to you. We have experience in reducing balances and settling them so that creditors close out the accounts and debtors no longer owe them any more money.

Our team also values honest communication and transparency, which is why we’re also able to inform you on the risks involved with debt settlement. For instance, one major risk is that your credit may take a hit, as debt charged off by lenders will stay on your credit reports for seven years. Additionally, the IRS considers forgiven debt to be taxable income, which means you may need to pay tax costs. We can help you look at your situation from various angles so you understand what is at stake.

How Our Team Can Help

Our attorneys can establish a trust account for you to deposit funds, which will be used to pay the creditors we reach settlements with. Once we start negotiating with your creditors, we start at the lowest possible amount. As we negotiate, your funds will be ready should a settlement be reached. We don’t make a settlement for you above what’s been deposited in the trust account. As we continue negotiating, you may deposit funds into the account for a better likelihood of success. When we tell your creditors that funds are immediately available for a settlement, they are more likely to accept our settlement offers. Once you no longer owe them money, you can rest easy and begin rebuilding your credit.

Though it may be tempting to negotiate a settlement yourself, the legal system is complicated and requires a thorough understanding of bankruptcy laws. Our attorneys are able to educate you on your unique situation and walk you through each step of the debt negotiation process so nothing is missed and you’re not taken advantage of.

For knowledgeable, client-focused service, call our Los Angeles debt negotiation attorneys at (818) 805-1758. We take same-day appointments for client convenience.

Get a Fresh Start & Wipe Away All Your Debt

See Our Winning Case Results
  • Individual Chapter 7 Over $1 Million Debt Discharged
  • Individual v. Credit Card Company (harassing phone calls) $250K Settlement
  • Individual Chapter 13 $100,000 of Unsecured Debt Discharged
  • Individual v. Credit Card Company (harassing phone calls) $100K Settlement
  • Individual v. Credit Card Company (harassing phone calls) $300K Settlement
  • Individual v. Credit Card Company (harassing phone calls) $150K Settlement
  • Individual Chapter 13 Over $75k in Mortgage Arrears Reorganized
  • Individual v. Credit Card Company (harassing phone calls) $175K settlement
  • Individual v. Credit Card Company (harassing phone calls) $280K Settlement
  • Individual v. Credit Card Company (harassing phone calls) $100K Settlement
  • Small Business Chapter 7 Over $2 Million Debt Discharged
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Client Reviews

Hear From The People We've Helped
  • The absolute best when it comes to handling bankruptcy!

    “They do not pass any judgment upon you - they are simply there to help. I found them to be honest, reliable and timely. The support staff is extremely friendly and very informative. The lawyers have ...”

    - Anna G.
  • John and the representative who met me at the courthouse were very thorough and guided me every step of the process.

    “Thank you John Sarai and the rest of SM Law Group for helping me file my Bankruptcy Chapter 7 case. It was a smooth process. John and the representative who met me at the courthouse were very thorough ...”

    - Evitha B.
  • They made a very stressful situation much easier for me.

    “SM law group handled my bankruptcy case and I was very satisfied with their service. They made a very stressful situation much easier for me. They explained everything to me and it was fast and ...”

    - Lenny DcComics
  • I have never experienced more professional care. My phone calls and emails were answered within 5 minutes!

    “Absolutely outstanding experience! Kian Mottahedeh was my attorney. I have never experienced more professional care. My phone calls and emails were answered within 5 minutes every single time. Kian is ...”

    - Lenka Wallace
  • In the end he got me a settlement for the maximum policy limit which was triple what I expected!!!!! Thank you John!

    “I got into an accident and I called John at SM Law Group and I felt comfortable from the minute I talked to him. He was always available to talk, and didn't pass my case off to anyone else. He handled ...”

    - Negin B.
  • He allowed me time and opportunity to get my bankruptcy paid for and took care of the creditors - for that I am truly grateful.

    “I am truly thankful that I found Kian. He is a truly good person to work with. He allowed me time and opportunity to get my bankruptcy paid for and took care of the creditors - for that I am truly ...”

    - Kera Carter
  • Kian is an awesome lawyer. He helped me get through my bankruptcy.

    “Kian is an awesome lawyer. He helped me get through my bankruptcy. He is easy to talk to and patient in answering all the questions you might have. I would definitely recommend him to anyone that ...”

    - Gonzalo Ceja Canela
  • The attorneys were friendly and helpful and they responded to my emails within minutes.

    “My experience with SM Law Group was very positive. The attorneys were friendly and helpful and they responded to my emails within minutes. I would definitely recommend them to anyone who needs a ...”

    - DeEtta Copenhaver
  • Fantastic firm!!!! trustworthy, reliable, knowledgeable and always available to help.

    “Fantastic firm!!!! trustworthy, reliable, knowledgeable and always available to help. My sister and I were given the opportunity to meet this wonderful firm while they volunteered at one of the ...”

    - Teresa Aguilar Alcaraz
  • My experience with SM Law Group has been excellent.

    “My experience with SM Law Group has been excellent. My attorney was always helpful, friendly and honest with me about what I needed to do and how I needed to proceed through my bankruptcy. I just ...”

    - Wayne Roche
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In The News

Recent Feature in The Los Angeles Daily Journal

Learn more about the work that is captured in the news. Our team is recognized in our community and among our peers for our tireless devotion to clients facing bankruptcy and personal injury-related matters.

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