Should I Go Bankrupt?
If you qualify for a fresh start bankruptcy, our advice is to bankrupt assuming your debts are significant. Because one can only go bankrupt once every ten years, we don’t recommend going bankrupt (absent extraordinary circumstances) with less than $35,000 in debt because BK costs 2-3,000 and workout costs $21,000. The right to bankrupt down the road is worth more than $18,000.
Why Do You Charge Fees?
We do all of our work based on a flat fee as a percentage of the debt so to eliminate arguments and surprises. Our fees are reasonable. We are not aware of any law firm in the state focused as we are on assisting folks with high unsecured debt outside bankruptcy. Some firms charge by the hour instead of a flat fee, but we are not aware of anyone who offers a better quality of service for less money.
Debt Relief FAQ
Looking for answers about debt relief? Give us a call or review the answers to our most common questions.
How much does it cost?
Why shouldn’t I just do this myself?
Can they sue me?
Can I just send a check each month instead of ACH from my account?
Are your fees negotiable?
What about debt consolidation?
Who is your biggest competitor?
Can I keep some of my credit cards?
How do you get the creditors to take less money (How do you do it … so I can do it without you?)
What if the creditor doesn't work with you?
Will you get better than 40 cents on the dollar?
What is your motivation to get me better than 40 cents on the dollar?
What if I get sued?
Can I tell the creditors to contact you?
Do you do bankruptcy?
How long have you been doing this?
What if I cannot make the monthly payment?
Can the creditor call my work?
How many points will defaulting on my cards bring down my credit?
The McCarthy Law Difference
Better settlements. Less Expensive. We won't abandon you if you have a lawsuit.
McCarthy Law PLC has expanded its footprint to have more than 90 locations nationwide. We believe that finances are a very personal matter and should be discussed in person with a qualified debt attorney.
You can set up a free consultation in an office most convenient to you, by contacting us now and be immediately connected to a qualified McCarthy Law representative who will schedule your free consultation and financial review, with a McCarthy Law PLC attorney closest to you.
The team at McCarthy Law PLC have met many people who are in seemingly insurmountable debt. We help our clients by offering a free debt consultation.
Get Our FREE Newly Released 16-Page Guide to Credit Reports
Credit Repair FAQ’S
Looking for answers about Credit Repair? Give us a call or review the answers to our most common questions.
How long have you been doing this?
Kevin McCarthy has been a practicing lawyer since 1986. He has worked in all phases of
What is the Fair Credit Reporting Act?
The FCRA is a federal law that regulates the use of consumer credit information. The purpose of the law is to protect consumers against inaccurate information on their credit reports.
How do I know if my credit report is bad?
The FCRA requires you to monitor your own credit. When you notice that anything is incorrect on your credit report, you must send a dispute letter to the credit-reporting agency before taking
Can I sue my creditors?
Creditors are required to conduct a reasonable investigation into your dispute. If they do not, you may sue them.
What’s the catch? Why do you offer representation for free?
Under the Fair Credit Reporting Act law, the defendants have to pay our fees and costs. So this litigation won’t cost you anything. Our representation is absolutely FREE to you.
What does McCarthy Law need to get going?
If you believe that items are incorrect on your credit report, give us a call and let’s talk. If you aren’t sure if your credit report is correct, many websites allow you to pull your credit report at no charge. If you need help reading this report to understand what it means, we can help.
How can I fix something that is not reporting correctly?
You would need to dispute the error with the credit reporting agencies. You can either dispute the error by mail, online or you can let McCarthy Law dispute the error for you for free. As a law
I paid the bill but the creditor is still reporting a balance.
Let McCarthy Law dispute the error for you.
How long does an inquiry remain on my report?
Legitimate inquiries remain on your credit report for two years. If you did not authorize the inquiry that would be something that you should dispute.
How long does a delinquent account report?
Delinquent accounts report for 7 years from the date of first delinquency.
What do I need to dispute an error?
o dispute an error, you need proof that the error is a valid error. Contact McCarthy Law to find out more.
Student Loan FAQ’S
Looking for answers about Student Loans? Give us a call or review the answers to our most common questions.
How much does it cost?
Can they sue me?
Yes. Less than 10% of our current accounts in
What if the creditor doesn't work with you?
It is a very rare circumstance that a creditor will not eventually work with us to resolve an outstanding debt. Even if they decide “not to work with us”, they have no quick way to get money from you. With us as your lawyer, there will still need to be a lawsuit, extensive discovery, a trial that they need to win, and then they will have to try to collect the money. Most creditors realize that the best way to cut their losses is to negotiate a payment.
What if I get sued?
Less than 10% of our current accounts in
Can I tell the creditors to contact you?
Each time you receive a call, tell the person calling politely, but firmly: “This is not a good time for me to talk to you. I am now represented by a law firm. You can reach them at XXXXXXXXXXXXXX. Please contact them from now on. Do NOT contact me at home or at my work.” Unless they say, thank you and hang up, say this: “As I told you, this is not a good time for me to talk to you. Please contact my lawyer. Have a good day.” Then hang up. Do not wait for them to respond. If they call again, handle it exactly the same way. Better yet, don’t take their calls, don’t return their voicemails, and hang up on yourself as soon as you know it’s a creditor calling you.