Numerous elements impact the final terms of any debt settlement agreement. So past case results do not ensure a similar solution in your proceeding. Nonetheless, we have secured the following outcomes on behalf of prior clients:
January 2023
Commercial loan balance of $173,782.55 plus 5% interest. Case settled via installments of $2,893.56 per month, providing five (5) years to pay. In addition, the creditor agreed to waive all future interest subject to the debtor's compliance with those terms, resulting in a prospective savings of approximately $23,233.00 over the life of that plan. Creditor represented by Zwicker & Associates, P.C. Read On
January 2023
Credit card balance of $8,643.43. Case settled for a lump-sum payment $4,322.00, resulting in a savings of approximately $4,321.00, a 50% reduction. Creditor represented by Weltman, Weinberg & Reis Co., L.P.A. Read On
January 2023
Credit card balance of $5,033.29. Case settled for a lump-sum payment $2,950.00, resulting in a savings of approximately $2,083.00, a 41% reduction. Creditor represented by Weltman, Weinberg & Reis Co., L.P.A. Read On
January 2023
Credit card balance of $13,501.57. Case settled for a total of $8,250.00 via minimum installments of $125.00 per month over five-and-a-half (5 1/2) years. Resulting in a savings of approximately $5,251.00, a 39% reduction. Creditor represented by Staff Counsel. Read On
December 2022
Credit card balance of $5,612.66. Case settled for a total of $4,100.00 via minimum installments of $100.00 per month providing almost three-and-a-half (3 1/2) years to pay. A savings of approximately $1,512.00, a 27% reduction. Creditor represented by Stenger & Stenger, P.C. Read On
October 2022
Balance due on commercial account for building materials in the sum of $81,130.09, plus 18% interest. Case settled for a total of $57,500.00 satisfied via installments of $3,500.00 for five (5) months, followed by a $40,000.00 balloon payment. Resulting in a savings of approximately $23,630.00,... Read On
October 2022
Credit card balance of $7,059.62, resolved via lump-sum payment of $2,700.00. Resulting in a savings of approximately $4,359.00, a 61% reduction. Creditor represented by Weltman, Weinberg & Reis Co., L.P.A. Read On
September 2022
Credit card balance of $6,822.45. Case settled for a total of $1,944.00 satisfied via minimum installments of $108.00 over eighteen (18) months. A savings of approximately $4,878.00, a 71% reduction. Creditor represented by Javitch Block, LLC. Read On
August 2022
Credit card balance of $2,197.04. Case settled for reduced sum of $1,400.00 satisfied via minimum installments of $58.34 per month, providing two (2) years to pay. A savings of approximately $797.00, a 36% reduction. Creditor represented by Stenger & Stenger, P.C. Read On
July 2022
Credit card balance of $9,036.88. Case settled for reduced sum of $3,300.00 satisfied via minimum installments of $100.00 for six (6) months, and then $150.00 per month thereafter, providing two (2) years to pay. A savings of approximately $5,736.00, a 63% reduction. Creditor represented by L... Read On
July 2022
Credit card balance of $3,134.42. Case settled for reduced sum of $1,800.00 satisfied via minimum installments of $100.00 per month, providing eighteen (18) months to pay. A savings of approximately $1,334.00, a 42% reduction. Creditor represented by Stenger & Stenger, P.C. Read On
June 2022
An auto loan deficiency of $8,160.49, plus 22.9% interest. Case settled for a reduced pay-off of $6,726.01, with interest at 3%, satisfied via minimum installments of $100.00 for six (6) months and then $150.00 per month thereafter, providing almost four (4) full years to pay. Resulting in a sa... Read On
June 2022
Credit card balance of $3,131.35. Case settled via minimum installments of $40.00 for fifteen (15) months, $50.00 for fifteen (15) months and then $60.00 per month thereafter, providing five (5) full years to pay. Creditor represented by Slovin & Associates Co., L.P.A. Read On
May 2022
Credit card balance of $3,023.82. Case settled for reduced sum of $1,800.00 satisfied via minimum installments of $75.00 for twenty-four (24) months. A savings of approximately $1,223.00, a 40% reduction. Creditor represented by the Law Offices of Timothy M. Sullivan. Read On
April 2022
Credit card balance of $33,280.95. Case settled via minimum installments of $115.00 for twenty-four (24) months, $135.00 for twenty-four (24) months, $155.00 for twenty-four (24) months, and then $175.00 per month thereafter until the residual balance was satisfied, providing more than seventeen (17) years to pay. Creditor represented by Javitch Block, LLC. Read On
April 2022
Credit card balance of $1,712.41. Case settled for reduced sum of $1,200.00 satisfied via minimum installments of $60.00 per month, providing twenty (20) months to pay. A savings of approximately $512.00, a 30% reduction. Creditor represented by Lyons, Doughty & Veldhuis, P.C. Read On
February 2022
Credit card balance of $5,859.08. Case settled via minimum installments of $60.00 for eighteen (18) months, providing more than eight (8) full years to pay. Creditor represented by Lyons, Doughty & Veldhuis, P.C. Read On
February 2022
Credit card balance of $10,392.59. Case settled for reduced sum of $4,500.00 satisfied via minimum installments of $250.00 for eighteen (18) months. A savings of approximately $5,892.00, a 56% reduction. Creditor represented by Lloyd & McDaniel, PLC. Read On
November 2021
Credit card balance of $20,695.48. Case settled via minimum installments of $246.37 per month, providing seven (7) full years to pay. Creditor represented by Staff Counsel. Read On
November 2021
Credit card balance of $53,809.35. Case settled for reduced lump-sum of $23,000.00. Providing a savings of $30,809.00, a 57% reduction. Creditor represented by the Glennon Law Firm, LLC. Read On
Shamberg & Associates is committed to answering your questions about Bankruptcy, Foreclosure Defense, Breach of Contract Defense, and Debt Settlement. So contact us today for an Initial Free Consultation at (216) 691-7800.