Top 5 Reasons to Avoid Bankruptcy in Illinois and Opt for Debt Settlement Using Benveniste Law Offices
The services of a real estate agent are invaluable. Real estate agents do much more than list and show houses. They serve as a potential homeowner’s ally during the home hunting and purchasing process. The most successful agents are those who can identify their clients’ desires and do everything in their power to make it a reality.
The Role of a Real Estate Agent in Debt Settlement
One primary function of a real estate agent is helping clients secure the funds necessary to get the home of their dreams, which is not always easy. According to a study conducted by the Corporation for Enterprise Development, a vast majority of Americans have unfavorable credit scores, disallowing them from obtaining the significant loans needed to afford a home. This is where a real estate agent steps in.
In this day and age, there is no reason why a potential homeowner should be surprised to get a credit turn-down when applying for a mortgage. There are numerous services available that allow people to take a look at their credit report and spot any troublesome accounts that can be an issue. A quality real estate agent will:
- Check their client’s credit score.
- Review credit report with the client.
- Identify any late payments and old debts.
- Instruct client to pay off old debts and to pay down existing balances.
In many cases debt payment is not an option, and the only way to improve the situation is to enlist the services of a debt settlement attorney. Rather than prolonging the process by having a client search for the right attorney, a real estate agent can suggest one who he or she has already established a relationship with.
How an Illinois Debt Settlement Attorney Can Help
Consumer debt is one of the most common forms of debt that Americans suffer from; these can come in the form of credit card debts, student loans, cell phone bills, utility bills, and much more. Many debtors tend to have multiple streams of consumer debt which makes them difficult to keep track of and easy to forget about.
An Illinois debt settlement attorney can negotiate with creditors on behalf of debtors to reduce payment amounts and even the total amount owed. If the debtor is facing legal action from a creditor or debt collector, the attorney can provide legal representation in court and settle the debt on the most favorable terms for the client. At the conclusion of the process, the individual has an improved credit report and is in a better position to secure a loan to buy their home.
Attorney Heather Benveniste of Benveniste Law Offices is the debt settlement attorney to know. She is well versed on both sides of debt collection law and can help best position your client for getting the home they desire. Contact us today for a free consultation and discover how you can benefit from having an Illinois debt settlement attorney on your side.
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