Debt Settlement Scams

Anaheim Bankruptcy Lawyer – Anaheim Chapter 13 Bankruptcy Attorney

Debt settlement scams are a close relative to the debt consolidation scam. As an Anaheim bankruptcy lawyer, I can tell you that a large percentage of our clients seek advice about a Chapter 7 or Chapter 13 after they have been dissatisfied with a debt settlement company.

Generally, a debt settlement service is run by an attorney or non-attorney. The service then contacts your creditors and tries to get them to accept less on the debt than what you owe. Doesn’t sound so complicated, does it? Exactly. No matter what they tell you, a debt settlement company cannot do anything that you cannot. You have just as much power to pick up the phone, call your credit card company and get your debt reduced. Further, you don’t have to pay for it.

But, before you go out calling your creditors, there are a few things you need to know. First, when you settle a debt or a debt is written off it will negatively effect your creditor score. The effect is as large as a Anaheim bankruptcy filing. Second, the money you save on the debt write-off is a taxable event. In other words, if your credit card company agrees to take $10,000 on a $40,000 debt, you will owe taxes on the $30,000 saved. In an Anaheim Chapter 7 or Chapter 13, you do not have to pay any taxes on discharged debts. Third, what happens if you have multiple credit card debts but only one of your credit card companies will work with you? In a Chapter 7 or Chapter 13, all of your debts will be wiped out.

We want you to consult with an Anaheim bankruptcy lawyer before you succumb to one of these debt settlement scams. For 35 years, the Law Office of Harold D. Thompson has been helping people all over Southern California get back on their financial feet. Don’t wait until your creditors have taken all your hard earned money. All it takes is one quick phone call to get the fresh start you deserve. Call our office TODAY at 1.888.665.8330 for a free confidential consultation or find out how your can become a client right now!

We are proud to provide Chapter 7 & Chapter 13 bankruptcy services to all of Orange County, including: Anaheim, Santa Ana, Irvine, Fullerton, Huntington Beach, Newport Beach & Laguna Niguel.

What Our Clients Say

I used Harold D. Thompson's law firm on a personal, extremely complex, real estate transaction I was doing in Los Angeles. Through their wisdom and experience of RE law in California, I was successfully able to navigate the land mines that I faced. I would highly recommend them, especially in the current landscape of Foreclosures and Short-sales. Bravo!

-P.C.

I had such a hard time deciding how I was going to get out of my financial hole. Mr Thompson helped. He walked me through the different options of which bankruptcy option was right for me, and after deciding on chapter 13, I can say that was definitely the right choice for me. Thanks Mr. T! You are the best!

-M.B.

I wanted the best representation I could find to help me with my bankruptcy case. This was no doubt the Law Office of Harold D. Thompson.

-W.B.

Everyone at the office is very friendly and they treat you like family. The bankruptcy process is quicker than you think.

-S.W.

I wanted to write and thank Mr. Thompson for his help with my Chapter 7 bankruptcy. It was a difficult time but he worked hard to make sure I got through. I can honestly say it is like a weight lifted off my shoulders now that I am debt free. I would recommend this firm to anyone that needs a bankruptcy attorney.

-E.R.

When you first meet with Mr. Thompson you will know you are in good hands. He has a wealth of experience and can answer all your questions without hesitation. If you need a bankruptcy attorney you won’t find better than this office. Thanks!

-K.S.

I consulted with several lawyers before deciding who was going to file my bankruptcy. Mr. Thompson was by far the most knowledgeable and reasonably priced. He guided me through the process and had my case completed in one day. Once it was filed all the harassment (calls & letters) stopped. Thanks again to Mr. Thompson for all his help.

-M.H.

I got into some trouble in the down housing market. My property was worth much less than I owed. Mr. Thompson was able to strip off my $85,000.00 2nd mortgage in my Chapter 13 plan. Now I am able to keep my home and I owe much closer to what the property is worth. Thanks again for all your help!

-M.M.

I could be happier with the service that Mr. Thompson provided. Bankruptcy is never an easy decision but I felt confident I was making the right one. Once we filed the case all the harassing phone calls stopped. Do yourself a favor, call this office if you are financial trouble.

-D.A.

Throughout my life I have been responsible with money, but an accident left me with some pretty large medical bills and, of course, I didn’t have insurance. Even though this was my only real debt, there was no way I could afford to pay it off. Mr. Thompson was kind through the whole process and made the situation very easy.

-B.G.
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Welcome to the Law Office Of. Harold D. Thompson Orange County Bankruptcy Website. Call us today for your FREE BANKRUPTCY EVALUATION at 888.665.8330 and ask for Harold Thompson.
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