Legal Question in Credit and Debt Law in Florida

debt

my father resently passed away an left me some money nor nearly enough to settle my 80,00 credit card debt is there any way that i can get out of this with some savings we are disabled and on a fixed income also i dont have enough to even make a reasonale settle ment with 6 credit card companys


Asked on 8/30/07, 6:34 pm

1 Answer from Attorneys

Scott R. Jay Law Offices of Scott R. Jay

Re: debt

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

Depending on the amount you have, you might be able to negotiate a settlement with the companies incorporating all of them into one arrangement. Hiring an attorney who is familiar with creditor issues will be a major asset in trying to do so. Otherwise, you do not have many alternatives to resolve this matter other than filing bankruptcy.

Scott R. Jay, Esq.

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Answered on 8/30/07, 11:29 pm


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