Help For Reducing Debt

Arizona debt settlement attorney Ronald V. Thomas is adept at negotiating advantageous settlements for clients who either wish to avoid or do not qualify for bankruptcy protection. Mr. Thomas has various strategies he may employ to minimize the amount of money you ultimately need to pay back to your creditors. It is important to contact Thomas Law Office immediately if you are delinquent or about to be delinquent on your debt payments. The sooner you contact our office, the sooner we can devise an effective debt reduction strategy.

The laws related to debts are complex, and Ronald Thomas knows how best to use them to your advantage. Negotiation skills are important, and the attorney’s negotiating skills have been used to secure numerous reductions in debts for Arizona clients. Often, a key strategy is preparing a mock bankruptcy case and showing the creditor how the client qualifies for bankruptcy protection and how that creditor will receive far less than the settlement offer if a bankruptcy is filed. Over more than two decades, Thomas Law Office has eliminated millions of dollars in debt for clients.

However, we do not negotiate tax debt settlements with the Internal Revenue Service or Arizona Department of Revenue. We can refer you to an attorney who does negotiate with those governmental agencies. We also caution you that you may have tax consequences if you settle any kind of debt. Often the forgiven debt is considered taxable income. Mr. Thomas is not a tax attorney and does not give tax advice. However, you will be advised to obtain a consultation with a tax attorney or CPA before agreeing to a debt settlement so that you can determine whether you wish to finalize a settlement with the creditor.

Contact Our Phoenix Debt Settlement Attorneys

Call us today if you need help with a creditor who is pursuing you for collection of a debt, suing you to obtain a judgment, or seeking to enforce a judgment against you.