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BANKRUPTCY ALTERNATIVES Riverside Bankruptcy Attorney
Bankruptcy is not always the best solution for a person in debt. Learn about Bankruptcy Alternatives.
If a creditor is suing you and you do not believe payment on the debt is justified then you may be able to defend yourself against the creditor’s action. There are situations where there may be a dispute on whether a debt is owed. For example, a contractor hired for home improvement arranges a mortgage loan to pay for the job but then does substandard work or does not complete the job. Similarly, falsified transactions to buying a car or some other major purchase.
In such cases, fighting the debt in court may be your best solution.
If a debt is not disputed then an alternative to bankruptcy may include entering an agreement for making payments to the creditor, refinancing your debt, or financial assistance under state law.
Contact ‘The Turoci Bankruptcy Firm’ for a free consultation.