Do I Need To Hire An Attorney for Collections?

[judgediatl]

What is the name of your state (only U.S. law)? Ohio

I've decided to clean up my credit. I have one judgment against me and about 20 or so bad splotches reporting on my credit history from various retailers. I know that most of these will work out some type of payout arrangement to get you taken care out at a smaller percentage of what you owe. My question is should I do this myself or would an attorney be able to represent me better in these matters and get me a better deal. I also want these issues off my credit once done, so I want to make sure their isn't' something an attorney can get done that I wouldn't be able to accomplish on my own. However, I'm willing to tackle it myself if an attorney is not really needed.

Any thoughts? Thanks!

 

[Zigner]

I thought you were going to file for bankruptcy protection

https://forum.freeadvice.com/banking-credit-cards-18/how-remove-negative-bank-account-603132.html

 

[judgediatl]

I thought you were going to file for bankruptcy protection

https://forum.freeadvice.com/banking-credit-cards-18/how-remove-negative-bank-account-603132.html

I've gotten some thing under control since then. I'm also going to be attempting a home loan soon, and bankruptcy is basically the kiss of death for that sort of thing. So that option is off the table and I'm going this route instead. So, my earlier question still stands.

 

[quincy]

What is the name of your state (only U.S. law)? Ohio

I've decided to clean up my credit. I have one judgment against me and about 20 or so bad splotches reporting on my credit history from various retailers. I know that most of these will work out some type of payout arrangement to get you taken care out at a smaller percentage of what you owe. My question is should I do this myself or would an attorney be able to represent me better in these matters and get me a better deal. I also want these issues off my credit once done, so I want to make sure their isn't' something an attorney can get done that I wouldn't be able to accomplish on my own. However, I'm willing to tackle it myself if an attorney is not really needed.

Any thoughts? Thanks!

Although an attorney might be of some help to you in handling the judgment, you generally do not need an attorney when working with creditors to reduce your debt. What can be helpful to you, however, is a non-profit credit counselor. But you have to be VERY careful when selecting a credit counseling company because not all credit counselors are created equal.

Following is a link to the FTC on "Choosing a Credit Counselor" and another link to the Ohio Attorney General's "Consumer Tips on Credit Repair."

FTC: http://www.consumer.ftc.gov/articles/0153-choosing-credit-counselor

Ohio AG: http://www.ohioattorneygeneral.gov/...ers/Consumer-Tips/Consumer-Tips-Credit-Repair

Good luck.