Alternatives to Bankruptcy
Chicago Bankruptcy Lawyer
When individuals and families are facing overwhelming debt, they do not always choose bankruptcy as the solution for the problem. They may not want to use this action to solve the situation, and there are other options that can result in a relief from the constant
creditor harassment, phone calls and letters. In many cases, debts, whether mortgages,
credit cards,
medical bills or other loans or liabilities can be renegotiated on behalf of the client. The result of this action is often a reduction of the debt, a lowered payment and interest rate, and also a cessation of any contact, as this will occur only through the
Chicago bankruptcy attorney working on your case. At the Law Office of Marc Wagman, the legal team is experienced in dealing with creditors who are often more flexible when they are dealing with an attorney than with the individual who owes them money.
About Alternatives to Bankruptcy in Chicago
When dealing with wage garnishment, foreclosure, repossession or other serious debt-related matters, you could use the legal assistance of one of the
qualified attorneys at the firm. There are federal laws that protect consumers from harassment, and when an attorney takes over your case, the creditors are no longer allowed to contact your about the debt. The relief from this situation can give you the breathing room to do your job and move forward while your outstanding obligations are negotiated by the attorney. This can be a great opportunity for those who wish to handle their financial problems without
filing for bankruptcy.
In some cases, after a review of the financial situation, the client may opt to file Chapter 13 bankruptcy and reorganize the debt, or were only lacking information about how bankruptcy works that leads to a decision to file a petition. In either case, the attorney from the Law Office of Marc Wagman will be there to assist in the decision making process and to provide the information that is so badly needed when an individual is trying to deal with the problem of crushing debt.
Contact a Chicago Bankruptcy Lawyer from the Law Office of Marc Wagman if you are looking for an alternative to bankruptcy. |