Relief From Overwhelming Unsecured Debt
Creditors who hold unsecured debt, like most credit card debt or money owed for services performed, have two options in recouping their money. They can either convince you to pay voluntarily or seek a court order.
Creditors know that unsecured debt can be difficult and costly to recoup, which is why some may resort to threats and intimidation to convince you to pay. Creditors do have a right to call you, but if they resort to harassment they may be breaking the law. This however rarely stops them and the calls and letters become disruptive, upsetting and overwhelming.
One of the advantages of having an attorney at Weintraub & Selth on your side when you are overwhelmed by unsecured debt is that all calls and correspondence with your creditors can be routed through our office. Let us handle your creditors while you take steps to get back on track. Contact us today to discuss your situation with an experienced Los Angeles debt relief lawyer.
Debt Relief Options for California Clients
You have options in handling overwhelming unsecured credit card debt. Depending upon your circumstances, your interests may best be served by debt negotiation resulting in a payment plan that allows you to end harassment and mounting charges and fees while paying off your outstanding debt.
At a certain point, it may be impossible to repay unsecured debt in a negotiated arrangement with your creditors. If that happens, our lawyers can efficiently guide you through the process of seeking debt discharge under Chapter 7 or debt reduction for wage earners under Chapter 13 bankruptcy.
Determining which option is the best for you takes the guidance of an experienced and licensed California bankruptcy and debt relief lawyer. Someone who offers a full range of services and will recommend what is best for you and explain why this is the case. Debt negotiation companies are typically not interested in offering you any solution other than a debt negotiation plan under which you make monthly payments the first several of which (sometimes up to ten months or more) go towards their fees only. During this time, your creditors are not managed, receive no money and may sue. You need to know all of your options and understand what is best for you. Please call the L.A. offices of Weintraub & Selth at (310) 584-7702 or toll free at (866) 572-2423. You may also e-mail us now with any questions or to request an appointment.
