We are all facing uncertain times during this global pandemic. Some people may have had their hours reduced or perhaps have lost their jobs entirely. As it stands, there are plenty of companies out there that people who are struggling financially can reach out to in order to file for bankruptcy or help get their debt settled. But with these legitimate companies, there are also some companies aiming to take advantage of those seeking debt relief. Heed the following tips to avoid debt settlement scams and the like, so you can get the fresh, legitimate financial start you deserve.
Never Pay First
One of the biggest ways to know someone is trying to scam you is if they make you pay upfront. A legitimate debt relief or settlement company will never require payment upfront because it is illegal to do so. Debt settlement scams also tend to guarantee that your creditors will forgive your debts. This is simply not the case. No one can guarantee that your debts will be forgiven. Basically, a good rule of thumb to keep in mind is that if what is promised to you sounds too good to be true, it very well might be. That is why it is in your best interest to work with a knowledgable bankruptcy attorney if you are dealing with debt.
If you are dealing with debt — secured or unsecured — bankruptcy is an option available to you. There is Chapter 7 bankruptcy and Chapter 13 bankruptcy, both of which can help you tackle your debt head-on.
An experienced bankruptcy lawyer can help figure out which type of bankruptcy will best meet your needs. But that is not all. The right bankruptcy attorney can also provide information on bankruptcy alternatives.
NJ Bankruptcy Attorney Does It All
If you are in need of an experienced bankruptcy attorney that can provide you with all available options, then you need Joel R. Spivack, Esq. The New Jersey bankruptcy lawyer has been successfully servicing clients for more than 25 years. He understands the bankruptcy process and what it takes to get you through it. Don’t wait for your fresh financial start, contact us today by filling out the online form.
The articles on this blog are for informative purposes only and are no substitute for legal advice or an attorney-client relationship. If you are seeking legal advice, please contact our law firm directly.