Los Angeles Bankruptcy Lawyer

Debt Settlement Negotiation

Often, The Law Offices of Peter M. Lively can help its clients avoid bankruptcy through negotiated settlements with creditors, also called workouts.

In these situations, our attorneys will analyze the situation, develop a workout plan for settling debts, and negotiate on the client’s behalf with the client’s creditors. Over the years, we have worked on thousands of workout cases, and have learned how to maximize the potential benefit to our clients.

We have convinced creditors to renegotiate leases, settle for less than the full amount of the debt, and extend payment periods.

In a workout, the business owner retains control over all or most of the business assets, and continues to operate the business. The workout agreement occurs out of court, saving the client legal costs, filing fees, and time in court.

If we determine that a debt workout arrangement would benefit a client, we then:

• analyze the situation
• devise the best strategy
• arrange a retainer/fee agreement with the client
• debt settlement negotiation/workouts with creditors
• coordinate settlement actions and paperwork

The Law Offices of Peter M. Lively have assisted businesses and individuals deal with financial difficulties since 1992. Our extensive knowledge and experience in dealing with complex financial matters has helped thousands of clients. We can help you make a new beginning.

Peter M. Lively has helped thousands of clients start new financial lives. Call us today at (310)899-0630 or contact us online to set up an initial consultation.

We can help you start a new financial life.

The Law Offices of Peter M. Lively provide assistance in bankruptcies to businesses and individuals in the Los Angeles area, including Santa Monica, Santa Barbara, Santa Ana, Pacific Palisades, Marina del Rey, San Fernando, Burbank, Glendale, and Inglewood.