How to Hire the Right Credit Attorney
How to Hire the Right Credit Repair Attorney
If you are looking into hiring a credit attorney and expect to pay an arm and leg, think again!
By doing just a bit of research and using common sense, you can find an expert credit repair attorney at a very affordable rate.
You Don't Need to Lose All Your Money to a Credit Attorney
Attorneys typically demand very high fees for their services. It may be for good reason. Lawyers are often saddled with huge responsibility, and have the ability to help you achieve remarkable results by way of legal intervention. Plus, when you add the cost of law school loans, office expenses, secretaries, paralegals, etc., it is not all that surprising to pay thousands of dollars to secure good legal representation.
However, when it comes to credit correction - also known as "credit repair" or "credit report repair", - you don't have to lose your shirt! There are many affordable credit repair attorney options. However, we want to provide you with two cautionary tips to remember when searching for a credit repair attorney.
Remember:
- Although you can expect to pay a retainer fee, avoid any credit repair attorney who demands thousands of dollars up front! (a retainer fee is a fee you pay up front to secure future representation)
- Watch out for attorneys who demand an hourly rate for credit correction. Often, rates can range from $200-500 an hour. Although it may be worth it, you can expect to get a bill for phone calls, email, letters, which all add up to a very large bill!
Again, it may be worth it, but don't you prefer to know exactly how much your monthly fee is?
While the above options seem scary, there is another alternative. Some credit repair law firms, such as Lexington Law, charge you a low monthly rate and allow you to cancel any time you see fit.
Why Do I Need an Attorney for Credit Repair - Can I Just Hire a Lay Person?
You probably already discovered that a credit repair attorney can involve the same level of investment - if not less! - than a credit repair non-lawyer company. The benefits of having an attorney who specializes in credit correction over a lay person may be obvious. However, below we list just a few of the major reasons why you need a REAL lawyer in your corner:
- Credit repair attorneys actually carry out the process of removing questionable negative marks from all three credit reports. Once negative items are deleted you can expect to see an increase in your creidt score. By working with a firm that has experience, who knows credit laws inside and out, you can expect to see optimal results with a minimum time investment.
- Credit repair attorneys know the ins-and-outs of credit repair, and often have networking relationships with credit agencies and bureau employees. A credit attorney is familiar with how to employ an arsenal credit laws (FDCPA, FCRA, FCBA, etc.) and how best to dispute a mistake or bad mark on your credit report.
- Credit repair law firms have access to knowledge such as legal databases, specialized training, and case law. Non-lawyer credit repair companies often focus entirely on getting more customers and are completely ignorant to the ever so important developing legal precedent.
- Can a non-lawyer represent you in a court of law? Nope. What will happen if, God forbid, your case escalates and requires legal intervention? A credit repair attorney is prepared to represent you in a court of law if the need arises.
- Who would win a writing/negotiating contest? Just like a professional athlete, an attorney trains himself each day by developing his writing and negotating skills. These skills are absolutely essential when it comes to resolving disputes with credit bureaus and creditors in your favor.
Deleting bad credit items such as charge offs, repossession, or even late payments from your credit report can often be a frustrating process. You may want to consider hiring an affordable credit repair attorney who can take care of the whole process on your behalf. The Lexington Law Firm has helped over 1 million clients delete bad credit. Improve your financial future today!
You can learn more with a Free Credit Repair Consultation by clicking here. (Don't worry - the consultation is free :)
