Cherry Hill Alternatives to Bankruptcy Lawyer
Creative and Skilled Debt Lawyer Helps Clients in Camden and Burlington Counties Manage Debt with Alternatives to Bankruptcy
Is your mortgage lender threatening foreclosure? Do you worry about how you’ll get to work if your car gets repossessed? Are the constant phones calls and letter from collection agencies keeping you awake at night? When you are struggling with debt, it impacts you 24 hours a day. You can’t sleep and you can’t focus at work. All you want is relief from your overwhelmingly pile of bills.
Bankruptcy can provide a fresh financial start. However, it’s not without its drawbacks and shouldn’t be entered into without careful consideration of your options. Before you decide to file for Chapter 7 or Chapter 13 personal bankruptcy, you owe it to yourself and your family to speak with an experienced debt negotiation lawyer who can explain the many alternatives to bankruptcy available to residents in New Jersey. Contact Joel R. Spivack, Esq. today for a free consultation about your overwhelming debt.
New Jersey Attorney Explains Your Options When You are Struggling with Debt
An experienced lawyer like Mr. Spivack may be able to find alternatives to bankruptcy that work better for you than bankruptcy protection. The minute you hire him, he will begin to contact your creditors. Mr. Spivack knows that collection agencies take debt negotiation lawyers seriously because they realize if you have contacted a lawyer you are considering bankruptcy. If you decide to file for Chapter 7 bankruptcy, your creditors will get nothing. So, collection agencies are authorized to negotiate with lawyers because a reduced payment is better than no payment at all.
There are a number of possible plans and alternatives to bankruptcy. Mr. Spivack will explain all the options that may addresses your immediate and long-term financial concerns. He will provide honest, sound legal advice about:
- Mortgage and Loan Modifications
- Payment Plans
- Interest Rate Reduction
- Debt Settlement
- Debt Negotiation
- Credit Counseling
- Debt Consolidation vs. Bankruptcy
While bankruptcy may be the right choice, Mr. Spivack will help you look at a complete range of options.
Don’t Hire a Debt Repayment Company
Many people are looking for a quick fix. They hear an ad on the radio or see a commercial on TV or online and think that they can solve their problems with one call to a for-profit company claiming they can solve your debt worries.
The company says it will group all your debt so you have one lower payment. Don’t be fooled. First of all, the solution you have to pay them for may lower your interest rates but not truly affect the total amount you owe. They don’t negotiate your debt down. So the money you save on interest you are actually paying to the repayment company. The only winner in that scenario is the company you hired. Your debt still looms large.
Secondly, not all creditors have to agree to agree to have their debt lumped in with your new repayment plan. How does that actually help you in the end?
Further, there are other at least two other major flaws with the plans offered by debt repayment companies:
- A creditor can opt out at any time
- Creditors can continue to pursue collections against you even though you are paying them back through the plan
Schedule a Free No Obligation Consultation with Knowledgeable Debt Lawyer Joel Spivack Today
If debt has you are feeling overwhelmed, we know you want solutions to your financial crisis. At the Law Firm of Joel R. Spivack, we understand. For more than 30 years, we have been helping good people, like you, in South Jersey manage their debt without bankruptcy. Unlike a credit counseling agency, Mr. Spivack will negotiate directly with your creditors. He knows that, often, creditors would prefer a reduced payment to nothing – which is what they will likely get if you file for bankruptcy.
Contact Mr. Spivack today to explore alternatives to bankruptcy. If a plan cannot be reached with your creditors, he can help you through the Chapter 7 or Chapter 13 bankruptcy process. He will help you find solutions, not just give you the information you want to hear. And, he won’t judge you. Debt happens. We know that. Now, allow Mr. Spivack to help your family get back on a healthy financial path.
Our office is open weekdays from 8 a.m. to 5 p.m. and Mr. Spivack is happy to meet with clients outside of office hours when necessary. The office is located near the Cherry Hill Mall and offers free parking. Clients are offered payment plans and flexible fee arrangements. Contact us today for a consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.