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Financial Mediation and Debt Settlement

(591 Ratings)

Produced on: November 24, 2015

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 61 minutes
Difficulty Intermediate

Debt is widespread and if your client is going through a life transition such as an illness, injury, birth, loss of job, death in the family, or divorce, they may be too deep in debt to get out. If you are working with a client in debt, this may affect their ability to pay you, which is why it is so imperative to know how to a help a client in debt and how to help them choose a solution that is a best fit for their lifestyle.  

 

Between bankruptcy, debt consolidation, credit counseling and debt settlement, there are many options, though only two are generally used to wipe out the debt. Attorney Leslie Tayne discusses the objectives of debt settlement, the legal ramifications a client may encounter when settling debt, and the pros of advising towards debt settlement rather than bankruptcy. 

 

Learning Objectives: 

I.     Understand how to work with a client in debt including red flags and signs of a debt problem 

II.    Identify the differences between debt settlement, debt consolidation, bankruptcy and credit counseling

III.   Comprehend what debt settlement with a law firm entails

IV.   Appreciate the legal ramifications of the nonpayment of debt and how to combat it

V.    Weigh the pros and cons of debt settlement vs. bankruptcy and identify which is right for each situation

Faculty

Leslie H. Tayne

Tayne Law Group, P.C.

Leslie H. Tayne, Esq. has more than a decade of experience in the practice area of consumer and business financial debt-related services. Author of the Amazon best-seller nonfiction book, Life & Debt, Leslie launched her law firm, Tayne Law Group, P.C., in 2001, which is one of the few New York State law practices concentrating in debt management, debt resolution and bankruptcy alternatives for consumers, small business owners and professionals. Leslie and her firm deliver comprehensive consulting and support services for clients in all areas of debt including credit cards, unsecured loans, lines of credit and consumer based loans as well as business and student loan matters. Leslie is highly accomplished in negotiation and settlements with large national banks, credit unions, collection agencies and multiple creditor legal representatives. Her mission is to reshape debt relief by giving clients a supportive and reliable environment built on experience, trust and results that will not only relieve clients of the stress from debts but also the burden of the never-ending debt cycle. Leslie’s practice has grown since its establishment, with offices now in Manhattan, White Plains and Mount Kisco. 

 

In 2011, Leslie was selected for the Long Island Business News Leadership in Law Awards, which recognizes individuals who are dedicated to excellence and leadership both in the legal profession and community. The awardees were selected by a committee of business leaders and were chosen based on their career and professional accomplishments. Leslie was also honored as Touro Jacob D. Fuchsberg Law Center’s ‘Alumni of the Month’ in March 2012 and was selected among Long Island Business News’ Top 50 Most Influential Women in Business in 2012 2014, and most recently 2015, which resulted with her being placed in Long Island Business News’ Top 50 Most Influential Women in Business’ Hall of Fame. Leslie and her firm were named among of Best of Long Island recipients for 2014 and 2015. She has also been honored by many non-profit organizations including Long Island Center for Business & Professional Women, The Arthritis Foundation and will be honored in November 2015 by Long Island Coalition Against Domestic Violence.  

 

Eager to share her counsel and expertise, Leslie is frequently invited to participate in speaking engagements and is often a guest presenter at colleges, bar associations and not-for-profits. Continuing her commitment to public service, she is Chair of Nassau County Bar Association’s Attorneys and Accountants Committee, Vice Chair of Nassau/Suffolk Law Services Committee’s Advisory Council, and treasurer with the Jewish Lawyers Association of Nassau County.  Additionally, Leslie is actively involved with the Guide Dog Foundation of Smithtown as a volunteer who cares for and trains puppies that eventually become service dogs for individuals in need.

 

A highly respected consumer and business debt-related expert, Leslie is often called upon by the media to comment on vast related money and debt topics and issues. Among the various news outlets she has interviewed with are USA Weekend, US News and World Report, The New York Daily News, Forbes, Newsday, Huffington Post, 914 Inc. Magazine, The Journal News, CreditCards.com, Business News Daily, Daily Finance, CNBC, and Long Island Business News.  She has been featured on televised programs such as Fox 5 News, FiOS’ Money & Main$treet and News 12 Long Island. An expert blog contributor for Credit.com and author of Life & Debt, Leslie has also participated in articles that have been featured by such noted news outlets as FoxBusinessNews.com, Money Magazine and Yahoo! Finance. 

 

Twitter: @LeslieHTayneEsq

Personal Website: www.leslietayne.com

Reviews

JM
John M.

Very articulate speaker who kept my interest in the topic.

HR
Holly R.

excellent presentation and presenter. Thanks!

NK
Nazar K.

Very helpful course.

AS
Allan S.

This is one of the best LawLine video's I've seen. Very thorough and informative.

LL
Lorenzo L.

Excellent and informative presentation.

AP
ANDREW P.

Her viewpoint on the approach for certain situations was quite eye-opening.

MW
Merrick W.

A little like drinking from a fire hose, but very informative.

MP
Michael P.

Great presentation.

LB
Linda B.

Excellent speaker

MP
Michele P.

I applaud the energy and intelligence of this woman.

AM
Adam M.

Informative and enjoyable program

LC
Linda C.

This program presented a well rounded discussion of the dynamics invoked in a lawyer / debtor client relationship and the sensitivity necessary to effectively work with this type of individual client.

LG
Lawrence G.

Good presentation

JG
james g.

Obviously, Ms. Tayne is a highly competent professional, I thought the presentation was a general recap of her 17 years of experience.

CS
Christopher S.

Knowledgeable and smart presentation

SS
Stephen S.

well down

JB
john b.

Awesome program.

LK
Linda K.

Excellent information and presentation!

KS
Kim S.

Excellent

PJ
Panky J.

Very well done.

DG
D. Larry G.

Outstanding presentation providing valuable information and resources.

SB
Stephanie B.

Excellent presenter and topic.

AW
Alisha W.

Very informative. Would be interested in more of Ms. Tayne's courses.

CO
Chukwuka O.

Great Instructor!

RT
Rachel T.

Interesting and important subject

SD
Sheri D.

I thought the instructor was excellent.

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