AW Law Group

Good News: Legal Services for Pakistani Community about Pakistani Law in California HAVE LEGAL ISSUES IN PAKISTAN? HARD TO DEAL WITH UNTRUSTWORTHY LAW FIRMS REMOTLEY IN PAKISTAN? Hire a California Bar Certified Pakistani Lawyer here in California. No need to travel back home, resolve your legal issues here in California, save your time and money. Call us at 510-932-8211 and get the FREE Consultation. Your Trusted Partner in Law, AW LAW GROUP www.awlagroup.com

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Frequently Asked Question# 3:Am I a good candidate for Debt Settlement? There are some basic guidelines for eligibility. However, an experienced debt specialist can go over the specific factors with you in more detail. If you owe more than $10,000 on your credit cards, then you are eligible for Debt Settlement. Technically, you can choose to enter settlement with a lesser amount of credit card debt, but it is not recommended unless you are experiencing overwhelming financial ...hardship. If your total unsecured debt balances are less than $10,000, then consumer credit counseling is an excellent option. In this scenario, your debts are consolidated into one payment and typically your account interest rates are reduced. However, beware many counseling programs can last up to 7 years, and you are still obligated to pay back 100% of your debt, plus any new interest. Generally, if you can afford to pay back your debt by paying more than the minimum on your accounts every month, without causing you hardship, then this is the best option. This approach will not impact your credit score. www.awlawgroup.com

Frequently Asked Questions: Q1. What is Debt Settlement? Debt Settlement is also known as debt negotiation or negotiated debt settlement. It is the process by which your debt is negotiated to a reduced amount and then paid off in a lump sum. In rare cases, multiple payments are arranged to pay off the debt, settling the account in full. Debt consolidation is not the same as Debt Settlement. Consolidation involves compiling all your debts into one amount. This simply means th...at all your debts become one bill but you are still required to pay off the full amount that you owe, plus interest and fees. In contrast, during settlement, the amount of money that you are obligated to pay back is reduced. Settlement is a great choice if you have more debt than you can realistically pay off in 2-3 years. It is also a favorable option if you are experiencing a financial hardship which has prevented you from making your monthly payments, or if you expect to default on your payments in the very near future www.awlawgroup.com

Question # 4 About Wills & Trust

Question # 3, Wills & Trusts

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Q5. Why do I need an attorney for Debt Settlement? An attorney can send legal notice to your creditors on your behalf, under the Fair Debt Collection Practices Act, demanding that they cease all communication with you regarding your debt. This means no more unpleasant letters or phone calls. Instead, all communication will be diverted to the attorney’s office. A good attorney will help you explore all your options and determine which course of action is best for you and yo...ur specific situation. He or she will help you navigate your financial hardship whether this means settling your debt or filing for bankruptcy. Additionally, a creditor or collection agency could decide to sue you. In this situation, your attorney can defend you in the lawsuit. www.awlawgroup.com