FAQ

Question 1

What is SPENT Law Group, and what is their primary focus?

Accepted Answer

SPENT Law Group is a family-owned debt settlement firm with a primary focus on helping consumers facing various debt-related challenges. Our mission is to provide aggressive representation to individuals dealing with debt collection lawsuits, judgments, and creditor issues. We understand the financial difficulties our clients are facing and are dedicated to finding effective solutions to reduce their debt burdens and help them regain control of their finances.

Question 2

How does SPENT Law Group differentiate itself from other law firms in terms of fees?

Accepted Answer

SPENT Law Group stands out by offering a unique Low-Fee Guarantee. Unlike many other law firms that charge high upfront fees or substantial percentages of the debt, we operate on a client-first approach. We don't charge any fees until we have successfully settled your debts. Our fee is just 18% of the settled debt amount, which is significantly lower than the industry standard of 25% or more. We are committed to ensuring that our clients do not have to spend excessively to get the debt relief they need.

Question 3

What can I do if I'm being sued by a credit card company?

Accepted Answer

If you find yourself facing a lawsuit from a creditor or credit card company, it's crucial to take immediate action. Ignoring legal papers from creditors can lead to a default judgment, making you legally responsible for the debt. At SPENT Law Group, our experienced debt defense attorneys will respond to the lawsuit on your behalf. We will also initiate contact with your creditors to negotiate debt settlements for amounts less than what you owe. Additionally, we will ensure that your rights are protected, as there are state and federal laws in place to safeguard individuals from aggressive debt collectors.

Question 4

What is the SPENT Debt Relief Program, and how does it work?

Accepted Answer

The SPENT Debt Relief Program is a comprehensive, step-by-step approach designed to help individuals tackle their debt problems effectively. It involves five key stages:
Step One: Enroll in our Program - Contact us for a free consultation to determine your eligibility. Once approved, we will proceed with your enrollment, and you will stop making payments to your creditors.
Step Two: Build Your Savings - You will work with a debt specialist to create a monthly payment plan that fits your budget. These payments will be deposited into an FDIC insured savings account, giving you control over your funds.
Step Three: Credit Communications - After enrolling, our legal team will contact your creditors, instructing them to stop contacting you directly. All future communications will be handled by SPENT Law Group.
Step Four: Debt Reduction - Once your savings have accumulated, we will negotiate with your creditors to reduce your debt balances. We will keep you informed each time a settlement agreement is reached.
Step Five: Graduation - When you approve a settlement offer, we will transfer funds from your trust account to your creditors to satisfy the debt. This process continues until all your enrolled debt has been reduced and paid off, allowing you to graduate from the program debt-free.

Question 5

How do I enroll in the SPENT Debt Relief Program?

Accepted Answer

Enrolling in the SPENT Debt Relief Program is a straightforward process. Simply reach out to us for a free consultation. During this consultation, a dedicated debt specialist will assess your financial situation and credit history to determine your eligibility for the program. Once you are approved, we will guide you through the enrollment process.

Question 6

How are monthly payments handled in the SPENT Debt Relief Program?

Accepted Answer

Your monthly payments will be tailored to your specific financial circumstances. You will work closely with your assigned debt specialist to design a payment plan that aligns with your budget and is sustainable for you. These payments will be deposited into an FDIC-insured savings account that will be opened in your name during the enrollment process. This ensures that you maintain complete control over your funds at all times.

Question 7

How does SPENT Law Group handle communication with creditors?

Accepted Answer

SPENT Law Group takes on the responsibility of managing all communication with your creditors once you are enrolled in the SPENT Debt Relief Program. Our legal team will reach out to your creditors individually, instructing them to cease direct communication with you. Going forward, any communication or negotiations will be handled exclusively by our experienced team, allowing you peace of mind.

Question 8

What percentage of debt reduction can I expect from SPENT Law Group's negotiations?

Accepted Answer

While we cannot guarantee specific percentages, it is common for SPENT Law Group to achieve substantial reductions in debt balances through our negotiation efforts. On average, our clients experience reductions ranging from 40% to 60% of their original debt amounts. The exact amount of reduction will depend on various factors, including the creditor, the specific debt, and your individual circumstances.

Question 9

How can SPENT Law Group help individuals facing overwhelming debt or creditor lawsuits?

Accepted Answer

At SPENT Law Group, we understand the challenges that come with overwhelming debt and creditor lawsuits. Our experienced team of debt specialists and attorneys is dedicated to helping you navigate these difficult situations. We provide aggressive representation to defend against creditor lawsuits and ensure that your rights are protected throughout the process. Our primary goal is to work with your creditors to reach fair debt settlement agreements, as creditors often prefer to receive some payment rather than nothing at all. We offer personalized solutions to help you regain control of your finances and move towards financial freedom.

Question 10

How can I contact SPENT Law Group to discuss my debt relief needs?

Accepted Answer

To discuss your debt relief needs and get started on your journey toward financial freedom, you can contact SPENT Law Group by calling our toll-free number at (855) 332-8457. Alternatively, you can fill out our contact form on our website to request a free consultation. Our team of experienced debt specialists and attorneys is ready to assist you and provide the guidance you need to address your debt challenges effectively.

Debt Settlement

We Lower Your Debt

Our Low-Fee Guarantee for your Debt Settlement Plan

We Offer Debt Collection Lawsuit Defense

The SPENT Debt Relief Program

SPENT Law Group has helped clients reduce their debt with numerous creditors, including:

Contact Our Experienced Consumer Protection and Debt Settlement Lawyers