Debt Negotiation Frequently Asked Questions
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What is debt negotiation?
Debt negotiation is the process of negotiating with creditors to reduce the amount owed or to establish a payment plan that is more manageable for the debtor.
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Is debt negotiation legal in New Jersey?
Yes, debt negotiation is legal in New Jersey.
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What types of debts can be negotiated?
Most unsecured debts can be negotiated, including credit card debt, medical bills, personal loans, and some tax debts.
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Can I negotiate my debts on my own?
Yes, you can negotiate your debts on your own, but it may be helpful to work with a debt negotiation company or a debt negotiation attorney to ensure that you are getting the best possible deal.
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How does debt negotiation affect my credit score?
Debt negotiation can have a negative impact on your credit score, but the impact is usually less severe than filing for bankruptcy or defaulting on your debts.
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How long does debt negotiation take?
The length of time it takes to negotiate your debts depends on various factors, including the amount of debt you owe, the number of creditors you have, and your ability to make payments.
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Can I be sued while negotiating my debts?
Yes, you can be sued while negotiating your debts, but working with a debt negotiation company or attorney can help minimize the risk of legal action.
Find out more about our comprehensive approach to resolving debt problems can benefit you, email us or call
(732) 695-3303. We have offices in Metuchen, Middlesex County, and Bordentown, Burlington County, by appointment only. Our Main office in Monmouth County is in Wall, NJ, and is open 9-5 Monday through Friday.
Main Address
1720 Highway 34
Suite 10,
Wall Township, NJ 07727
Bordentown Office
(By Appointment Only)
33 Third Street 2nd Floor Suite 3
Bordentown, NJ 08505
Metuchen Office
(By Appointment Only)
247 Main Street
Metuchen, NJ 08840
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George E. Veitengruber III and Nicole A. Suissa are New Jersey attorneys, practicing New Jersey law exclusively in New Jersey. None of the information contained herein should be deemed to apply in other states, nor may this page be construed in any way as an attempt by either Ms. Suissa or Mr. Veitengruber to practice law in any state other than New Jersey. This page is intended to provide general information about our firm and its areas of practice to our current and potential clientele. It is not intended to give legal advice to anyone on any subject. That can only be done through a complete consultation with one of our attorneys. Legal advice obtained through this site does not create an attorney-client relationship, and the reader should not rely on same. According to the Supreme Court of New Jersey, and pursuant to the New Jersey Rules of Professional Conduct, this may be considered an “advertisement.” Before making your choice of attorney, you should give this matter careful thought. The selection of an attorney is an important decision. If the representations made on this page are inaccurate or misleading, you may report this to the Committee on Attorney Advertising, Hughes Justice Complex, CN 037, Trenton, NJ 08625. We are a federally designated debt relief agency — we help people file for bankruptcy. Information provided regarding “legal questions” or “bankruptcy updates” is for informational purposes only. While we hope and believe the information will be helpful, we do not warrant that the information is accurate or complete. Information is provided only in accordance with New Jersey and/or Federal Law. We are not licensed to practice law in any states other than New Jersey. The information does not constitute legal advice and should not be relied on as such. If you want legal advice, please consult a local lawyer directly. While we would welcome the opportunity to be that lawyer, we do not accept clients or render advice until the completion of a client intake form and a signed retainer agreement.