Debt Relief vs. Bankruptcy
Bankruptcy Attorneys in Charlotte – Call Us at (704) 710-8182
While filing for
bankruptcy can be the best choice for some, it is not necessarily for everyone.
If you have so much debt that you will either
never be able to repay it or will
take years to repay, then bankruptcy may be the quickest and cheapest way for you to get a
This is because the cost of filing for bankruptcy is relatively inexpensive
compared to how much you would end up paying over the next few years trying
to repay your creditors. Plus, your creditors will often continue charging
you excessive interest rates on your balances and your credit rating will
continue to suffer.
On the other hand, if you only owe 1-2 creditors (but still cannot afford
to pay them off entirely), our attorneys offer
debt relief services wherein we
negotiate with your creditors on your behalf to either
reduce the amount you owe, or set up a
repayment plan you can afford.
Can I try and negotiate with my creditors on my own?
While you can certainly attempt to negotiate with your creditors directly,
the creditors are more likely to negotiate with a bankruptcy attorney
fearing that if they refuse to negotiate, we'll simply file a bankruptcy
case for you and wipe out their debt entirely!
You may have various debt relief options available to you. The credit counseling
industry does not always present a "magic" solution to debt.
Consider this when making your decision, as well as the negotiation methods
and debt relief options with lenders and creditors. This requires their
full cooperation, which sometimes they are not willing to give. When handled,
instead, by a serious bankruptcy attorney, there is a far greater chance
for success. We put to work our well-honed skills in trial litigation,
effective negotiation abilities, and invaluable courtroom experience.
Our attorneys have first-hand knowledge of how the policies and procedures
of lenders work. Contact Saffa Law Group to arrange your
free case evaluation with our experienced Charlotte bankruptcy lawyers.
Decide Which is Right For You: Debt Relief or Bankruptcy
When you are experiencing delays in being able to make monthly payments
on your bills or are in default of your loans, expect contact from collection
agents by phone and by mail. Oftentimes, these agencies may threaten you
with lawsuits in writing. Doing nothing about this situation is not recommended.
Taking no action on your behalf will only lengthen the time you have to
feel the stress and anxiety of such a situation, which can negatively
impact your health and your family. Neglecting to give urgent attention
to your financial matters can lead to collections, repossessions, garnishment
of wages, and foreclosure, and our firm can help you avoid this.
Let the skilled attorneys at our firm assist you with your financial troubles;
contact Saffa Law Group
for the skilled representation you need!
We serve clients throughout the City of Charlotte, Town of Cornelius, Town
of Davidson, Town of Huntersville, Town of Matthews, Town of Mint Hill,
Town of Pineville, Town of Stallings, Buford, Charlotte, Goose Creek,
Hembry Bridge, Indian Trail, JAARS, Jackson, Lake Park, Lanes Creek, Marshville,
Marvin, Matthews, Mineral Springs, Mint Hill, Monroe, New Salem, Sandy
Ridge, Stallings, Unionville, Vance, Waxhaw, Weddington, Wesley Chapel,
Wingate, Concord, Harrisburg, Kannapolis, Midland, and Mt. Pleasant.