Valencia Debt Relief Lawyer
Debt Relief Methods
Many methods of debt relief are available to those who are no longer able
to meet their financial responsibilities, due to loss of a job, reduction
in income, serious illness, or other unfortunate circumstance. While
bankruptcy is the primary method of releasing one from substantial debt, there are
other options for individuals who would like to avoid the credit impact that
bankruptcy can have. These include:
Debt negotiation - In the event that one is unable to afford the payments attendant to
a certain debt, they can negotiate with their creditor for more favorable
terms, including a lowered interest rate, waiving of penalties and fees,
or a longer period of time in which to pay off the debt, thereby lowering
Debt settlement - Many creditors are willing to settle a debt for pennies on the dollar,
as an alternative to legal action or receiving no payment at all. In some
cases, debtors can settle a debt for as low as 25% of the original amount.
Debt consolidation - Debt consolidation companies work on behalf of debtors by accepting
a monthly payment from them, and then splitting up the payment to their
various creditors. In theory, this provides the debtor with a more easily
manageable way to pay their debts.
RJB Law Offices is available to provide individuals throughout the Valencia area with
a multitude of debt relief services, including
debt settlement and
loan modification. We have helped thousands of individuals in our years of practice, with
service that is customized to each client's specific financial situation.
Contact a Valencia bankruptcy attorney at our firm today, and we will
find a debt relief method that is optimized to help you achieve your goal
of a debt free life.
The Importance of Hiring an Attorney
Many companies offering debt relief or debt consolidation services are
only interested in making money, and do not operate in the best interests
of their clients. In some cases, they can even make things worse. If you
are seeking an effective means for ridding yourself of debt, it is advised
that you hire a qualified attorney who will work for you with your financial
goals in mind.
If you are in possession of substantial debt and are unable to make ends meet,
contact a Valencia Debt Relief Attorney
who may be able to help you improve your financial situation.