Cherry Hill Alternatives to Bankruptcy Lawyer
Creative and Skilled Debt Lawyer Helps Clients in New Jersey and Philadelphia 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 letters 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 overwhelming 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. Contact Joel R. Spivack, Esq. today for a free consultation about your overwhelming debt.
Bankruptcy Attorney Explains Your Options When You are Struggling with Debt
An experienced lawyer like attorney Joel R. Spivack can find alternatives to bankruptcy that work better for you than bankruptcy protection.
There are a number of possible plans and alternatives to bankruptcy. Attorney Spivack will explain all the options that may address your immediate and long-term financial concerns. He will provide honest, sound legal advice.
- 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, we will help you look at a complete range of options.
Why a Debt Repayment Company You See on TV or Online Could Be the Wrong Choice
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 have their debt lumped in with your new repayment plan. How does that actually help you in the end?
Further, there are 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 Debt Lawyer Joel Spivack, Esq. Today
If debt has you are feeling overwhelmed, we know you want solutions to your financial crisis. At the Law Office 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, Attorney 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 us today to explore alternatives to bankruptcy. If a plan cannot be reached with your creditors, we can help you through the Chapter 7 or Chapter 13 bankruptcy process. We will help you find solutions, not just give you the information you want to hear. We won’t judge you. Debt happens. Allow Attorney 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. The office offers free parking, flexible payment plans and custom fee arrangements. Contact us today for your consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.