Lawyer Lublin has written a book that is highly informative on the subject of credit card debt. The book is called “The Credit Card Guide to Getting Out of Debt”. Lawyer Lublin has been in the legal field for a very long time and this book is well written and very informative.
Adwokat Lublin states that when it comes to credit card debt, there are two different types of debt: secured and unsecured. Secured debt is secured by the use of collateral such as a home or car and this type of debt tends to have lower interest rates and can be handled quickly, which is great if you need the money quickly.
Unsecured debt on the other hand is not backed up by collateral, but this does not mean that unsecured debt is without any benefits. This type of debt is often less expensive to handle than secured debt. However, unsecured debt is not typically tax deductible, so be sure to check with your accountant before you start this type of debt.
Lawyer Lublin states that if you owe more than ten thousand dollars in credit card debt, then you should consult with an accountant or a tax specialist to help you file your taxes correctly. The reason for this is that tax regulations have recently been tightened up and a large number of individuals have not properly accounted for their income tax deductions and could end up owing far more taxes than they originally thought.
The information that you will receive from an accountant can either be very useful or can cause you a headache and a law firm that is not experienced in these matters can often lead to errors, which could result in you owing more taxes than you anticipated and paying far more in taxes. If you are unsure of anything that is presented to you by an accountant, it is best to consult with a professional who is knowledgeable and experienced in these matters before deciding to work with a particular accountant.
The good thing about being able to get help from a professional lawyer who is experienced in handling these matters is that they can help you work out a payment plan that will help you keep the payments down and also keep the creditors from harassing you. This is a particularly important thing for people who work with large sums of money. because they could find themselves in a position where they may be unable to pay off their creditors if they have not established a payment plan.
Lawyer Lublin makes a point of saying that everyone has some type of debt, and it is important to understand that this debt is something that you must live with. rather than just deal with it.
The book does contain several suggestions on how you can use debt settlement to consolidate your debt and reduce your monthly payments and even eliminate the card altogether. Lawyer Lublin states that you do not have to become a slave to your debt forever. You can work with a financial planner or credit counselor to help you work out a plan that will work for you and make your monthly payments much easier to manage.
The good thing about a consolidation program is that you will no longer have to deal with harassing phone calls from your creditors and other collectors, or dealing with collection agencies or collection lawyers. Lawyer Lublin recommends that you make a list of what you currently owe, and then work with a financial adviser who can advise you on ways to get rid of the unsecured debts, and focus on the secured debts. which are the ones that you actually own and hold on to.
The book was written in partnership with law firm Levick and Associates, who specialise in debt relief. Although there may be differences in the methods that are used to help people get out of debt, it is important to note that the author’s experiences in the industry are similar to those of Levick and Associates’ clients. and so it is likely that they are able to offer relevant information and advice that will help you achieve a better result.
Law firm Levick and Associates, is a highly respected law firm based in New York. This is one of the most reputable and well-respected law firms in the US.