What We Do to Negotiate & Reduce Debt | McCarthy Law PLC

What We Do

What We Do

Our plan involves negotiating for large reductions in your student loan debt. It is based on the following:

  1. McCarthy Law begins negotiating a settlement of the outstanding amount of your student loans.
  2. The repayment process can be as long as your chosen payment plan (5, 7, or 10 years), but can be shorter depending on ability to pay.
  3. Settlements typically involve a lump sum payment or balloon payment; this can be paid from your own funds or from a loan.
  4. McCarthy Law can introduce you to a lender who may loan you the funds to pay the settlement, if you qualify, or you can secure your own source of funds.

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