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Most Debt Settlement Attempts Fail

While NACBA states that only 1 in 10 debt settlement company plans are successful, my experience is that far less than ten percent of debt settlements succeed. Most clients report that their plans fail. Some of the most common reasons debt settlement plans fail include: unreasonably large monthly settlement costs, inability to service the settlement plan, failure to get all creditors to accept the plan, debt settlement company going out of business. Well-designed Chapter 13 plans that provide a true fresh start and provide federal protections for my clients are a far superior alternative.

Schedule Your Free Consultation Today
If you have questions about filing for Chapter 13 bankruptcy, we are here for you. Contact us today online or by telephone at (888) 910-6652 to schedule your free initial consultation with a bankruptcy lawyer. We are open on Saturdays and are available before or after regular business hours by appointment. For your convenience, we accept checks and debit cards as forms of payment.

Categories: Chapter 13
  • Our Guarantee to Our Clients

    We promise to represent your best interests and keep you fully informed.

    Read Our Guarantee
  • Bankruptcy eBook

    Get a FREE eBook to become more familiar with the bankruptcy process.

    Download It Here
  • Our Video Center

    Click here to access a list of our firm's videos.

    Get More Information
  • When You're Ready To Talk

    We're ready to listen. Contact us to receive a free initial consultation.

    Request a Consultation

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"The Law Offices of James C. Shields is located in Torrance and proudly serves clients all throughout the South Bay including:

  • Long Beach
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  • Playa Del Rey and Culver City
Law Offices of James C. Shields - Torrance Bankruptcy & Estate Planning Attorney
Located at 21707 Hawthorne Blvd, Suite 204
Torrance, CA 90503.
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Phone: (888) 910-6652
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