WSHC+B partner Jessika Graham recently spoke to CBS News MoneyWatch about the strategies debt collectors use when settling debts and how individuals can navigate these negotiations.
“Every creditor is different. Some creditors will accept pennies on the dollar, others will not settle for less than 80% in a lump sum payment,” Jessika explains in the article.
Jessika represents bankruptcy trustees, creditors, and debtors in all aspects of Chapter 7, Chapter 11, and Chapter 13 bankruptcy proceedings and related adversary proceedings. Jessika also represents plaintiffs and defendants in complex commercial litigation and creditors’ rights in state and federal courts and advises clients on asset protection issues.
