Wednesday 19th of December 2018

You Don’t Have To Do It All Yourself

Whether or not you should retain a credit repair attorney really boils down to a couple of key issues. The decision depends on the urgency for you to take action, the time you have available to research and repair your own financial situation. Given the demands of clock and calendar and the complexity of your portfolio, you may want to get online quotes to find out what options you have available.

Factors To Consider

Authoritative sources on the Internet say that anyone with debt or credit problems can resolve their own issues for free. Articles on both the Federal Trade Commission, FTC, site and on credit reporting agency Websites cite the same current Federal law. They point out that only the consumer has the right to challenge the accuracy of data appearing on credit bureau reports. To that extent, only the consumer can correct his or her own record.

Even if the actual change action must be taken by the consumer, you may want to mull over several factors that may justify hiring the services of a credit repair attorney.

Time-saving and expertise seem to be the most compelling reasons. A competent Internet user could certainly navigate his or her way to relevant Web sites to learn about local, state, and Federal statutes that apply. But, an experienced attorney should be able to tap relevant and significant information much more quickly.

An attorney can initiate necessary communication with interested parties and draw from a storehouse of applicable legal strategies. And, the power and authority of an attorney’s letterhead and standing in the community should not be underestimated.

If your debt situation is sufficiently complex that you don’t want to commit the time necessary to sort out the details, you may want to get online quotes to obtain the services you need for a price you can afford. An attorney could be expected to know the ropes and offer good advice to keep you from making costly or damaging mistakes.

Important Questions to Ask Yourself

Crucial to the process of resolving credit issues, too, is your decision about the best strategy to relieve your financial suffering. Is debt management, debt consolidation, debt negotiation, financial counseling, or bankruptcy the best choice for your situation and budget? What are the possible consequences of going forward with one plan or another? Will it cost more time, energy, and money to do it myself or to hire a professional?

A Certified Credit Counselor can advise you about options, but you may want to have an attorney do necessary analysis and research, working on your behalf. When you get online quotes, you have a better chance of making the best decision for your situation.