Debt Relief in Phoenix: Bankruptcy and Alternatives
Phoenix Debt Relief Attorney
When you’re mired in debt, often it seems like there is no hope or light at the end of the tunnel. You feel like you’re stuck in a never-ending cycle of debt problems and stress, and that you will never be able to free yourself from the situation you’re in. Fortunately, this isn’t true and there are multiple legal tools you can use to help reduce the financial pressure you’re under because of crushing debt, including declaring bankruptcy. If you are currently dealing with a large amount of debt and aren’t able to pay it off, immediately contact a Phoenix bankruptcy attorney in order to review the specifics of your particular situation and learn about the best course of legal action. We have helped many of our clients reduce the amount of debt they owe and ease the financial stress they were under. We will work tirelessly on your behalf in order to help you obtain the best possible improvement to your debt situation and will provide you with ongoing counsel and legal direction throughout the process.
Debt Relief Options
Regardless of how your debt grew, there are multiple legal tools that you can use to help reduce it. Far from being an admission of failure or shame, these tools were created specifically to assist people like you and are recognized as being valuable assets.
Debt settlement enables you to provide the organization you owe money to with one lump payment for a portion of the overall debt amount, in exchange for them agreeing to forgive the remaining amount.
There are different types of bankruptcy, primarily Chapter 7 and Chapter 13, which can be used to eliminate most of your debt, or reduce the total amount owed.
Contact a Phoenix debt relief lawyer to discuss the circumstances you are dealing with and learn the best course of legal action for you to pursue.