Queens Debt Consolidation Lawyer
Bankruptcy Alternatives: Debt Consolidation
If you have accumulated debt and are unable to pay your bills, you can be subject to calls from creditors and attempts to garnish your wages, freeze your bank account, or repossess your property. Consolidating your debt into a single loan may be a good financial decision for you and your family.
Debt Consolidation Advantages
- Alternative to filing for bankruptcy
- One loan to pay off multiple debts
- Lower and/or fixed interest rate
- Creditors won’t contact you while you’re making payments
Be sure to understand the potential risks of debt consolidation before committing to this course of action.
Debt Consolidation Mortgage
A debt consolidation mortgage gives homeowners a way to use the equity in their home to deal with creditors and get financial leverage. Individuals can refinance their house and restructure the terms of their mortgage for a lower interest rate.
Debt Consolidation can offer relief from financial stress and help you manage your payments. You should consider whether consolidation is the best option for you based on your current financial situation, your ability to pay, and the types of debt you have. Working with a Queens bankruptcy attorney can help you make the right decision – they will take you through the debt consolidation process, weigh it’s costs and benefits over filing for bankruptcy, and discuss all your debt relief options with you.
Queens Bankruptcy Attorney
When you are overwhelmed by rising debt, creditor calls, and threats to your home or income, it is important to have a knowledgeable attorney to help you get your life back on track. The Law Offices of Bruce Feinstein, Esq. have spent years working with hundreds of clients and their individual financial needs. The firm offers an effective balance of legal representation and personal care, making sure to answer clients’ questions and support them through their debt relief process. Whether you choose to file for bankruptcy or use an alternative method like debt consolidation, Bruce Feinstein and his legal team will guide you through every step of the process.