Although bankruptcy serves as an extremely useful tool for some people, it is not always an option for every person. In fact, many people are not eligible to file for any form of bankruptcy or have other conditions that disallow them from doing so. For people in these situations, debt settlement can be a great choice.
If you have found yourself struggling to pay your bills or other living expenses, it is time to get in touch with our Long Beach debt settlement lawyers today! We understand every case is unique, so we create a different approach based on each client’s needs and desired outcomes.
If you are ready to discuss your case with a member of our team, call us today! We will provide you with a free consultation.
Why Debt Settlement?
The first step in a debt settlement plan is to speak with each individual creditor in order to reach a settlement that will, eventually, resolve your debt. In most cases, our team is able to reach settlements that are significantly lower than the amount originally owed. Due to the complex and ever-changing economy, collectors are more prone to helping us reach a settlement amount in order to prevent the debtor from filing for bankruptcy instead.
In many cases, people facing the following issues choose debt settlement over bankruptcy:
- People who have an income that is considered too high to file for bankruptcy
- People who own many assets
- People who have religious or moral reasons that do not allow them to file for bankruptcy
- People who are ineligible to file for bankruptcy due to a recent filing
Maximize the Debt Settlement Plan
Should you choose debt settlement as opposed to bankruptcy, contact an attorney from our team right away. The key to a successful debt settlement plan is proactivity. If you have weighed numerous options and find that debt settlement is right for you, act quickly by contacting Wadhwani & Shanfeld. Failure to obtain legal help right away can result in financial penalties and a decreased chance for a lower settlement.
We Are Backed By the Skills to Obtain a Positive Outcome for You
Back by more than 40 years of experience, our team of Long Beach debt settlement attorneys has the skills, resources, and knowledge to help you recover control of your life and finances. No matter what your situation may be, we can help craft a solution for you.
Don’t wait to get the help you need. Call our Long Beach debt settlement team now! We are ready to provide you with a free consult.