Ever wondered if debt settlement really works? In 2025, amid FTC’s crackdowns on bogus schemes, real New Yorkers are slashing debts by 30-50% through legitimate programs. These anonymized stories from similar cases show triumphs over credit card woes, proving relief is achievable with the right help—without bankruptcy or endless payments.
Debt settlement success hinges on negotiation, often reducing unsecured debts significantly. FTC and CFPB data show average savings of 30-50%, though results vary by creditor and situation.
For consolidation, merging debts lowers rates, easing burdens. But stories illustrate best: Clients build escrow funds or pay the creditor directly, attorneys negotiate, and debts vanish faster than minimum payments.
Georgiou Law, PLLC, led by Efstathios Georgiou, can mirror these outcomes for NYC clients. His former banking role ensures strategic wins, anonymizing details for privacy.
- Persistence: Negotiations take 6-12 months.
- Avoid Scams: No upfront fees.
- Tax Awareness: Forgiven amounts may be income.
Tips for Your Success:
- Document hardships.
- Save consistently.
- Monitor credit.
Georgiou Law delivers results ethically.
Call (917) 764-3072 for your result.
