Are You an Attorney? Grow Your Practice

Debt Lawyers for
Debt Collection and Debt Settlement

Choose the Issues Involved in Your Case:
Find a category or issue not listed
  • No fee to present your case
  • Choose from lawyers in your area
  • A 100% confidential service
  • 150+ practice areas covered

When Do You Need a Debt Lawyer?

In the following circumstances, you might need to hire a debt lawyer if:

  1. Your case is expected to be heard in court: A debt attorney should be retained if you’ve been pursuing your debt for so long that you anticipate needing a court order to recover your money. Although you are technically allowed to represent yourself in court, your chances of success are much higher if you hire a qualified debt collection attorney.
  2. Demand letters must be sent: Consider a scenario in which you anticipate taking your case to court but would much rather not file a lawsuit. Demand letters are useful in this situation. Using these legal documents, you may explain your side of the story and assure the customer that, in exchange for a set sum of money, legal action won’t be taken against them. When unpaid clients receive this paperwork, the threat of legal action may prompt them to pay upfront. You can get assistance from a debt settlement attorney in creating strong, compliant demand letters.
  3. You are owed at least $5,000 by your client: Several debt collection professionals advise employing a debt collection attorney whenever a nonpaying client owes you $5,000 or more. Hiring a debt recovery lawyer is often a smart decision if the debt is significant enough that it would be worthwhile to proceed to court despite the cost of legal representation.
  4. Your customer is a sizable business: Larger companies typically have greater resources to combat efforts to force them to pay their debts. Debt recovery lawyers might be useful if you’re looking for corporate debts because they frequently have a good understanding of how big businesses might employ these tools.

Only a lawyer can offer legal counsel or bring legal action; a debt collection lawyer will be well-versed in all the laws and able to assist you.

How Much Does It Cost to Hire a Debt Lawyer in the U.S.?

A debt settlement lawyer should cost between $150 and $350 per hour. Where you live, how many loans you have to pay off, and the categories of debt you have will all affect your hourly rate.

What to Look For in a Debt Lawyer

The following are signs you should look for in a debt lawyer:

  1. They’ve dealt with debt collectors before: Your lawyer has presumably dealt with lenders, creditors, and anyone else trying to recover debt for several years. With this information, they can account for all the factors. This aids them in determining which debt relief strategy suits your unique circumstance.
  2. They are capable of conducting talks: Debt reduction discussions with lenders still have a human element and some wiggle room, even though debt collection involves real concepts and data. In tense situations, a lawyer can assist in presenting stronger cases.
  3. If necessary, they can represent you in court: Thankfully, most debt collection efforts don’t result in legal action. However, if yours does, you’ll already have a lawyer prepared to defend you in court or lay out your legal alternatives, should you want to represent yourself or work with another attorney instead.
  4. They’ve handled paperwork processing before: It will be easier to understand the paperwork and less likely that an error will be made if a professional handles it.

 

How to Prepare for Your Consultation With a Debt Lawyer

You should bring some fundamental financial records and information to your appointment, such as:

  • Evidence of income, such as pay stubs and bank statements;
  • Two years’ worth of tax returns;
  • A list of your bills, including statements for your house and auto loans;
  • A projection of your household’s costs

 

Where to Find the Best Debt Lawyers in the U.S.

You can find the best debt lawyers in the U.S. on LegalMatch. The American Bar Association can also help you search for lawyers.

Other Helpful Resources:

Over 6 million people and business have posted cases on LegalMatch

Here are some testimonials from our satisfied clients.

  • Very good service quickly. They continuously follow up with you to make sure your legal issues are handled. I wouldn't trust any other site for all legal needs. Thank you LegalMatch !!!

    Elena Torres, United States
  • After going with my first Lawyer I found searching Google and costing me and my family over $30,000.00 for joint custody of my child that never went any where intge end, I was lost and at my ends. Was told by a friend going through the same to give Legal Match a try. Best thing I could have done. Ms. Webster who was the second Lawyer to contact me that morning went to fight for me right away and now I have my rights to the best blessing God could have given me,( my 2 year old son)!

    John D., United States
  • I needed assistance with some legal matters and didn't know where to go. I found LegalMatch and decided to give it a try. Instantly after filling out their questionnaire, I started receiving calls from the exact lawyers I needed for my need.

    Diana, United States
  • I did not get too many replies but the ones I did get were so very helpful, and I am grateful for this avenue to be able to reach out and find the appropriate attorney for me. When you never had to seek any attorney services before it can get pretty overwhelming and this website made everything so much better.

    Danielle, United States

Highly Rated Lawyers at LegalMatch

View attorney profiles and see how other LegalMatch users rate attorneys that may respond to your case.
  • LegalMatch Employment and Labor Lawyer Tate Y.
    Tate Y San Francisco, CA
  • LegalMatch Family Attorney Mitchell M.
    Mitchell M Cherry Hill, NJ
  • LegalMatch Family Law Attorney Brigida R.
    Brigida R Dallas, TX
  • LegalMatch Criminal Lawyer Shazam K.
    Shazam K Denver, CO
Find a Debt Lawyer Now

Find Lawyers