Filing Bankruptcy Is Always The Last Resort

But It's only one of the tools in our tool box

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We are available on weekends and after hours upon request. We do what is best for the client, not the firm.
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Four Reasons To Choose Us
01

a True Full Service Bankruptcy Law Firm

One of the few true full service bankruptcy firms in Los Angeles specializing in all chapters of the Bankruptcy Code and out of bankruptcy solutions.

02

OUR LAWYERS HAVE BIG FIRM TRAINING

Our lawyers have big firm training and expertise offered to clients in a cost effective, boutique firm environment.

03

we offer cost effective expertise

Flexible fee arrangements enable small and mid sized businesses to obtain the type of relief usually reserved only for large companies.

04

SUCCESSFULLY handled OVER 1,000 CASES

We are dedicated to our client’s success and tailor custom solutions for each case.

High Failure Level in Debt Consolidation

Debt Consolidation May Not Be the Right Solution

Debt consolidation plans may sound extremely attractive especially if you fear filing bankruptcy. However, there are many debt consolidation scammers who may target you for their unethical and, often, illegal practices. These disreputable companies promise to reduce your debt by an enormous percentage and put you on an affordable payment plan. They agree to collect your payments and then distribute those funds to your creditors. They often ask for a substantial down payment and charge fees each month without delivering on their promises. Don’t be a victim of a scam. Instead, contact a licensed and insured attorney for a realistic discussion of your debt situation and a solution that will lead to long-term relief.

Unfortunately, even well-intentioned debt consolidation plans fail. The debtor may plan to repay their creditors but the initial plan may not have been feasible. In many instances, making the consolidated debt payment will not reduce the debt at all. This leads to an unbreakable cycle that makes long-term financial health, including access to credit, impossible. If a dishonest debt consolidation company collects your fees but does not pay your creditors, you may face a collection lawsuit, foreclosure, repossession and wage garnishment. Your financial challenges will be exacerbated and your credit may be devastated. If you lose your job or suffer some other setback, you may have no recourse.

With the attorneys of Weintraub & Selth, APC, on your side, you will enjoy peace of mind knowing you have insured, licensed and reputable attorneys on your side. If you want straightforward, candid and practical legal advice for handling your debt and avoiding a debt relief scam, contact Weintraub & Selth, APC.

Debt Consolidation, Negotiation, Settlement or Bankruptcy

Our attorneys will explore all of your options and clearly explain the benefits and drawbacks of each. If you are facing overwhelming debt, we may be able to identify alternatives but we may also be able to show you the benefits of filing bankruptcy:

  • Automatic stay puts an end to creditor harassment immediately
  • A feasible repayment plan can be devised
  • Your debts may be reorganized and significantly reduced
  • Your credit may be much easier to repair through bankruptcy than simply paying minimum payments
  • Your rights will be protected and your responsibilities explained by experienced attorneys

While many people believe bankruptcy is devastating, it actually can be the most attractive and realistic solution to your financial struggles. For an honest discussion of your challenges and to determine if debt negotiation and consolidation are the right path for you, call our law firm now.