Use Debt Settlement to Avoid Bankruptcy
If you are seeking to avoid bankruptcy, a solution may be debt settlement. Lawyers at Weintraub & Selth have been assisting business owners and consumers with debt for nearly three decades. Call us at (310) 584-7702 or toll free at (866) 572-2423 for answers to your questions about debt settlement. Get the peace of mind that only experienced attorneys can provide.
Rather than turning to a debt consolidation agency or company, turn to experienced debt settlement lawyers who will be your guides and advocates through even the most complex financial challenges. Companies that promote debt consolidation programs make the strategy sound like an attractive solution and may not be upfront with all that debt consolidation entails. They may tell you that numerous monthly payments may be converted to one manageable payment. They may promise that their assistance will help you pay down out-of-control debt. They may collect your money and agree to pay your creditors for you. These agencies are often full of false promises.
Many of those debt consolidation and credit repair agencies are fraudsters. Many are unlicensed and uninsured and they prey on individuals and business owners who are under tremendous financial stress. They promise to help with debt consolidation but all they provide is more financial stress.
Beware of Debt Consolidation Scams
Some people believe centralized repayment through debt consolidation will make it easier for them to stick to a budget as they pay down debt. That might be the case if the debt consolidation plans were truly geared toward helping debtors. In fact, our debt settlement lawyers often work with clients who have learned the hard way: debt consolidation companies often do not have their clients’ best interests in mind. Only a qualified attorney can negotiate debt successfully.
Many of our clients turn to us after they realize debt consolidation was only a trap facilitated by an unscrupulous agency. High fees and bad advice only made their situations worse. These clients wished they had contacted us sooner.
Our debt settlement lawyers are prepared to help you weigh the advantages and disadvantages of various forms of debt relief. When you contact us, we will offer a thorough analysis of your situation and devise a plan to help you achieve your goals. If debt settlement is a realistic remedy to your challenges, we are ready to be your guides. If debt negotiation or bankruptcy are the best alternatives, we are equally prepared. Bankruptcy will always be a last resort. We may have a wide array of solutions to offer. To explore your options, including debt settlement, lawyers at Weintraub & Selth are prepared to assist you.