Forensic mitigation
Forensic Mitigation is a form of debt relief provided by a licensed attorney. It is similar to debt settlement, debt counseling and other services except that it is provided by a law firm.
The Process
The attorney will contact all creditors on behalf of the debtor and attempt to negotiate a settlement. If successful the debtor will have to pay a reduced amount in monthly installments to the creditors. Part of these monthly payments will be fees that go to the Law firm, which may include a retaining fee and settlement fees.
This process is something that debtors can do themselves, though some prefer not to because of the drawn out process.
The Process
The attorney will contact all creditors on behalf of the debtor and attempt to negotiate a settlement. If successful the debtor will have to pay a reduced amount in monthly installments to the creditors. Part of these monthly payments will be fees that go to the Law firm, which may include a retaining fee and settlement fees.
This process is something that debtors can do themselves, though some prefer not to because of the drawn out process.
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