Traditional Debt Settlement vs. Bankruptcy

If you are struggling with debt, bankruptcy is not your only option.

In some cases, it is possible to arrange a debt settlement with your creditors. For people who cannot file bankruptcy or for whom bankruptcy is not in their best interest, debt settlement is a sound and viable alternative. A settlement offer coming from a bankruptcy attorney might provide you with more leverage for a better settlement than a settlement offer from you or a debt consolidation organization. As with any financial decision, we urge you to use caution before settling your debts. There may be significant tax consequences and other hidden risks that could leave you in worse financial shape than when you started. The attorneys at Harbour Law, PLC, can help you explore all of your debt relief options. We offer you sound legal guidance, so you can make informed decisions about how you wish to resolve your debt problems. Call (757) 622-1621 or contact us online for a free consultation with a Norfolk bankruptcy lawyer. It could be your first step on the path to debt relief and financial freedom.