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Difficult to obtain a settlement when there are a lot of equity in the house

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  • Difficult to obtain a settlement when there are a lot of equity in the house

    Many will call us and ask to obtain the same good settlement we obtained for their friends' second mortgage. Unfortunately due the nature of debt settlement, it is not always possible to obtain similar outcome on similar cases. Factors which determine the settlement are among other things:
    • Nature of the debt - who is the investor
    • The finance company we are dealing with
    • The collection agency which is handling the debt
    • The client's hardship - whether it is temporary, permanent, medically related, etc.
    • The equity on the house. If the finance company sees that there is a potential to recover more than they are being offered, chances of obtaining a settlement is diminished
    • Ability to negotiate promptly and adequately.
    • Etc.

    There are many other factors which determine the outcome. It is only when we assess your case or start negotiations that we know whether a debt settlement is adequate for you or even a possibility. As such we recommend you call us at 510.742.5887 for a free assessment on
    Shah Peerally is an attorney licensed in California practicing immigration law and debt settlement. He has featured as an expert legal ****yst for many TV networks such as NDTV, Times Now and Sitarree TV. Articles about Shah Peerally and his work have appeared on newspapers such as San Jose Mercury News, Oakland Tribune, US Fiji Times, Mauritius Le Quotidien, Movers & Shakers and other prominent international newspapers. His work has been commended by Congress women Nancy Pelosi and Barbara Lee. He has a weekly radio show on KLOK 1170AM and frequently participates in legal clinics in churches, temples and mosques.

    For updates follow us onYoutube, Radio, Facebook, Twitter and LinkedIn. Shah Peerally Law Group PC deals in immigration law - and
    Attorney Shah Peerally also deals in debt settlement. For more information call us on 510.742.5887 and visit us on
    Information provided above is for educational purposes only. One should not act or refrain to act solely based on the information provided. You should consult an attorney to assess your case before proceeding.

  • #2
    Yes, I agree with your point.


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