Creditor Workout
Some people may not be eligible to file bankruptcy due to having filed bankruptcy within the last eight (8) years, or because the expense is prohibitive. We often help people avoid bankruptcy by proposing settlement plans for individual creditors. We begin by paying off the smaller debts in full, while continuing with monthly payments on the larger ones. When the small debt has been fully paid, then the monthly payment once applied to it now can be combined with the other payments on the larger debts. By tackling your credit one debt at a time you can steadily get rid of it. Remember to bring in to our office any complaint or other legal process served upon you by a creditor while we are in the debt pro ration process. Often there are defenses to the complaint, and we can assert them by responding to the complaint and preventing a legal judgment.
Some people may not be eligible to file bankruptcy due to having filed bankruptcy within the last eight (8) years, or because the expense is prohibitive. We often help people avoid bankruptcy by proposing settlement plans for individual creditors. We begin by paying off the smaller debts in full, while continuing with monthly payments on the larger ones. When the small debt has been fully paid, then the monthly payment once applied to it now can be combined with the other payments on the larger debts. By tackling your credit one debt at a time you can steadily get rid of it. Remember to bring in to our office any complaint or other legal process served upon you by a creditor while we are in the debt pro ration process. Often there are defenses to the complaint, and we can assert them by responding to the complaint and preventing a legal judgment.