If the company cannot provide satisfactory answers, or you are uncomfortable with the answers given, you should seek the advice of an experienced lawyer.
Many companies ask for an initial payment up front and do not start dealing with your debt until all payments have been received, which could take months or even years. In the meantime, your late charges and interest rates continue to grow, which could lead creditors to seek judgment against you.
There is no harm in seeking a second opinion. By taking time to not only research your debt settlement options — including bankruptcy — but also understand the implications of each one, you take control of your financial situation.
How Bankruptcy Can Help
Bankruptcy is the legal and responsible way to handle unmanageable debts. While bankruptcy might not be the right option for you, our attorney can give you the information needed to make an informed decision. We provide honest, straightforward answers to your questions about debt settlement and bankruptcy. If we don’t think bankruptcy is the right option for you at this time, we will tell you.