UNSECURED DEBTS

Some debts are not secured by a piece of collateral that can be foreclosed or repossessed in order to satisfy the debt if the borrower fails to pay.  These types of personal or business loans typically still have a personal guarantee to protect the lender from non-payment.  When the person or business defaults on the debt the lender will attempt to collect.  This can lead to harassing phone calls or other unwanted communications, damage to your credit, bankruptcy, and additional fees for the cost of collection activity.  If you have one or more personal or business accounts that are currently in default and you are interested in getting them settled then please call Brian M. Rokaw, P.A. to schedule a free no obligation consultation – (305) 722-5888.