Alternatives to Bankruptcy
Bankruptcy Lawyer in Boston
Bankruptcy is one of the most effective forms of debt relief, but it may not be the proper course of action for you. If you are struggling with debt, it is recommended that you consult with an experienced Boston bankruptcy lawyer who will be able to fully inform you of your options. My name is Roushi Sahagen, and I am a bankruptcy attorney at Infinity Law Group who has helped many individuals seek relief from debt. Having worked in the financial industry for five years, I am intimately familiar with bankruptcy and its alternatives, and I can assist you in choosing a debt relief method that is intended to be of the greatest benefit to you.
There are several workable alternatives to the bankruptcy process, such as:
- Creditor negotiation/settlement - Your creditors may be willing to negotiate favorable payment terms with you, such as a reduced interest rate or the dismissal of any penalties or fees that you have accrued. They may also be willing to "settle" your debts for a fraction of the original amount owed, provided that you pay this settlement in a timely fashion. I can help you understand this option.
- Debt consolidation - This involves securing a loan (preferably from a bank) at a reasonable interest rate that allows you to pay off most or all of your debts. This leaves you with one monthly payment (for the loan) that will save you from having to make payments towards multiple debts with high interest rates.
Solutions to Your Debt Problems
If you are trying to rid yourself of debt, it is vital that you get trusted legal advice. Bankruptcy and the alternatives to bankruptcy should be evaluated against your current financial situation, with help from a skilled professional that can help you avoid the pitfalls. If you move forward with the wrong course of action, your financ es may significantly worsen. Call me for a financial evaluation that you can trust.
Contact a Boston bankruptcy attorney who will review your financial situation and discuss bankruptcy alternatives.