Alternatives to Bankruptcy
At the Campbell Law Firm, we offer a FREE consultation to discuss your specific financial situation. The consultation usually takes about an hour and a half. You will be provided with some basic worksheets prior to your appointment that will provide, in general terms, an overview of your finances.
Your financial situation may be resolved without the need for filing for bankruptcy protection. If this is the case, we will explain to you other options and advise you on what actions you need to take. Bankruptcy may not be the best course of action to obtain the debt relief you need. Depending on your situation, there may be other solutions that have less impact on your credit rating and take less time to implement.
Alternatives to Bankruptcy might include, but are not limited to, the following:
Debt workout/ settlement: We will work directly with your creditors to negotiate a settlement of your debts. Your attorney will discuss the pros and cons of debt settlement in your initial consultation.
Debt consolidation: In some cases, debt consolidation may be all you need to solve your financial problems. Your attorney will discuss the pros and cons of debt consolidation in your initial consultation.
Other Alternatives: We will also discuss the pros and cons of a loan modification, short sale, deed in lieu of foreclosure, and foreclosure in your initial consultation.
Contact our office to discuss alternatives to bankruptcy with a lawyer.