In some situations, a bankruptcy debt settlement plan is preferable to bankruptcy. If you are struggling with debt but do not wish to pursue bankruptcy as an option, a debt settlement plan may be right for you. Wilson-Goodman Law Group, PLLC, is a debt relief agency that helps clients explore various bankruptcy alternatives as well as file for consumer bankruptcy. Contact us online or call our law offices in Gilbert at (480) 503-9217 or Queen Creek at (480) 686-9400.
Situations Where A Debt Settlement Plan Is Preferable To Bankruptcy
If an individual has enough discretionary income (money left over after paying bills and taxes), a debt settlement plan may be a better option than bankruptcy. A debt settlement plan may be preferred in situations where a debtor has only one or two debts they need to get rid of, such as credit card debt. Negotiating is much easier when debts are isolated and only one or two creditors are involved.
Helping You Explore Your Options
At Wilson-Goodman Law Group, PLLC, we can help you determine if bankruptcy or a debt settlement plan is right for you. Working with an attorney in negotiations with creditors can be beneficial from a legal standpoint. Additionally, debtors can get the breathing room they need knowing a lawyer is considering the best debt relief option for them. Our firm’s attorneys will help you explore your options and come up with a plan that meets your specific needs.