Alternatives to Bankruptcy
Seek Relief From Overwhelming Debt in Fishkill?
If you are drowning in debt and looking for a solution, you may have considered bankruptcy. Although bankruptcy is an effective and common answer for debt relief, it is not the only one out there.
At Michael A. Fakhoury, ESQ., PC, I am committed to ensuring my clients know about all of their options and guiding you towards the most effective form of debt relief. I can help you decide whether an alternative to bankruptcy is more appropriate for your unique situation.
Contact a skilled Fishkill debt relief lawyer. We help people file for relief under the bankruptcy code and other alternatives.
What Are the Alternatives to Bankruptcy?
If you have already decided that bankruptcy is not right for you, have no fear. Bankruptcy is not the only way to seek relief and there are other ways to solve your deep financial debt. Whatever you choose to do, I will be here to support and guide you through the process.
A few of the alternatives to bankruptcy I may recommend include:
- Creditor negotiation
- Debt consolidation
- Debt restructuring
- Home loan modifications
- Credit counseling
- Short sale
The bottom line of these solutions is to try to negotiate for lower principle owed, lower payments, lower interest rates, and an extended loan period.
Exploring Solutions to Your Financial Problems
Financial crises rarely happen overnight, but it can be difficult to come to terms with how serious your debt is. As a debt relief agency in Fishkill, I can help you look at your financial situation and determine what solution will be effective to provide you with relief from your debt. This will likely involve developing a strategy tailored to your debt-relief needs and ensuring you understand all methods involved in removing debt.
Reach out to me today at (845) 795-3326 to make an appointment for a free initial consultation.