Spring Legal Group is headquartered in Atlanta, Georgia. They focus on various legal services intended to help their clients get back on their feet financially. Dealing with overwhelming debt can be difficult no matter what circumstances led to the problems. The team at the firm understands what you are going through, and they are committed to helping.

Visit Site: https://www.springlegalgroup.com/
Phone: 1-866-409-3177
Locations: Atlanta Georgia
Practice Areas: Bankruptcy Law, Debt Negotiation, Consumer Litigation, FDCPA Law

By the fourth quarter of 2019, household debt in America had reached an astounding $14 trillion. This increased $193 billion over the previous quarter and before the economic hardships caused by covid-19. Unsurprisingly, delinquencies and bankruptcies are now increasing, especially among younger consumers. Regardless of how you have come to be overwhelmed by your debt, options are available if you struggle to overcome them.

At Spring Legal Group, the entire team and their services are focused on finding the right debt management option for your unique situation. If bills are piling up, creditors are calling, or foreclosure is looming, they have a solution that can make a real difference in your financial and personal life.

The firm can help through services such as:

Fair Debt Collection Practices Act Protections

When debts start to become overdue, the stress of the situation is compounded by calls and letters demanding payment. There are precise rules and regulations about what third-party debt collectors can say and do to collect a payment, and harassment and abuse are not allowed. Spring Legal will ensure your rights under the FDCPA are respected.

Bankruptcy Protections

These can be very effective debt management tools if you are eligible. When you can no longer manage your debts, you have the legal right to file for bankruptcy protection through the courts. The two primary types for individuals include Chapter 7 and Chapter 13.

In Chapter 7 Bankruptcy, your assets will be liquidated to repay what they can from your debts, and the remainder will be discharged. In Chapter 13 bankruptcy, your debts will be reorganized into a more manageable format, allowing you to pay them off over 3 to 5 years.

Debt Negotiation

Alternatively to bankruptcy, this solution can be beneficial for both the consumer and the creditor. As the debtor, you could pay a smaller amount you can afford, and the creditor can get something instead of nothing. These negotiations are best handled by experts to ensure they are both legally binding and the best deal possible for you.

Consumer Litigation Defense

When all else fails, creditors may decide to take you to court, suing you for the outstanding debts. They hope you will ignore the summons and win a default judgment, but this does not have to happen in your case. You need to take this matter seriously. There are many defenses available that Spring Legal Group can present to the court on your behalf.

Spring Legal Group can help you manage your debt issues and achieve financial freedom. We recommend scheduling a free no-obligation consultation with the firm to learn more.

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