Bankruptcy can be a great option for those struggling with large lumps of debt, but this is not always the best solution for each person. In fact, some people are not even eligible to file for bankruptcy. Often, these individuals are left with high levels of stress. Thankfully, there are other options.
At Wadhwani & Shanfeld, we help many individuals achieve financial freedom using a strategy called debt settlement. This approach is customizable, and because our attorneys understand that no two cases are identical, we strive to personalize the strategy based on your specific needs and desires.
If you are facing unwanted stresses due to serious debt, call Wadhwani & Shanfeld. Our Ontario debt settlement lawyers can create a plan to help you overcome this difficult time.
How Do I Know Debt Settlement is Right for Me?
Negotiation with creditors is key to this approach. To do so, our legal team speaks with each creditor in order to resolve your debts. A majority of the time, we are able to reach settlements that are lower than the amount you actually owe to each creditor. Because the economy is ever-changing and often difficult to navigate, most debt collectors are often willing to reach a fair settlement rather than increasing the chances of you filing for bankruptcy instead.
Many of our clients have chosen debt settlement over bankruptcy for one or more of the following reasons:
- They are ineligible to file for bankruptcy due to a previous filing
- They have a high income
- They possess too many assets under their name
- They are opposed to bankruptcy for moral or religious reasons
Getting the Most Out of a Debt Settlement Plan
Proactivity is the greatest quality to possess in order for a debt settlement plan to be successful. If you have already weighed your options and believe that bankruptcy is not an option for you, do not wait a second longer to take immediate action. Failure to act quickly can result in additional charges, which can decrease your chances of pursuing the best debt settlement plan based on your needs and goals. The more time you allow for our legal team to act on your behalf, the greater your chances will be at recovering control over your finances. Because we understand this is a difficult time, our Los Angeles debt settlement attorneys will provide you with a free case evaluation.
We Work Hard So that Your Life Can Be Easier
In the midst of a difficult time, you need the help of an experienced and aggressive lawyer. At Wadhwani & Shanfeld, our Ontario debt settlement lawyers are backed by more than 65 years of experience handling these types of cases. In every case we take, we put our front foot forward so that you can rest easier. Through every step of the process, we will stand by you.
Ready to regain control of your life and your finances? Call Wadhwani & Shanfeld today!