Alternatives to Bankruptcy
Obtain Debt Relief Counsel from Merritt, Hagen & Sharf, LLP
Bankruptcy is not right for everyone. Just because you are struggling with
seemingly insurmountable debt does not mean that filing for Chapter 7
or Chapter 13 bankruptcy is the only option left for you. When you meet
with an experienced and dedicated Woodland Hills bankruptcy lawyer at
Merritt, Hagen & Sharf, LLP, we can help you determine whether or
not another debt relief option is a better choice for your particular
If you are receiving foreclosure notices, you may not have to file for
bankruptcy. A mortgage refinance, for example, could help you save your
home by replacing your mortgage with a new mortgage that you can repay.
You could also take out a home equity loan that acts as a second mortgage,
open a home equity line of credit, or offer a deed in lieu of foreclosure.
An attorney with experience in the field of bankruptcy law can help you
assess your options. In addition, if your main goal is to end harassing
creditor contact, you can do so without filing for bankruptcy. The Fair
Debt Collection Practices Act is a federal law that asserts your rights
as a consumer, and creditors are required to observe those rights. You
can learn more about consumer protections in the act by consulting our firm.
In some cases, debt reorganization, debt consolidation, or debt settlement
may be able to help you reach an agreement on your loans directly with
your creditors. In today's tough economy, many debt collection agencies
are willing to settle for a lesser amount or a manageable repayment schedule
rather than risk losing the entirety of the loan altogether. Talk to a
bankruptcy lawyer who is a skilled negotiator and has the ability to help
you settle your loans. A variety of bankruptcy alternatives are available
to you, so it is important to retain a legal representative with the skill
and familiarity necessary to help you select the option that is right for you.
Trustworthy Legal Representation in Southern California
If you are facing overwhelming debt and are unsure of what to do, then
set up an in-person consultation with one of our experienced bankruptcy
lawyers today. We have helped more than 9,000 people and businesses file
for bankruptcy since our firm opened in 1988 and we are confident that
we have the legal skill to help you.
Call Merritt, Hagen & Sharf, LLP today to discuss your debt relief options.