Raxter Law / Menifee Lawyer / Menifee Attorney / Menifee Bankruptcy Lawyer / Menifee
Are there alternatives to bankruptcy?
Sure. The most common alternative is “debt settlement.” Using leverage, my office
can, on average, settle your outstanding debt for 50-70% of what is owed. Sometimes,
even I can settle debt in the 20-30% range. The percentage would depend on numerous
factors, which can be discussed in your free initial appointment.
Why doesn’t everyone just do debt settlement?
Most people would prefer to “settle”
their debts, but lack the financial reserves to do so. In order to settle your debts
for less than you currently owe, you would need a “cash settlement” offer that I
can present to the creditor.
Before, you decide to file for bankruptcy, why not sit
down with an attorney who can give you options and alternatives to bankruptcy.