Debt Settlement vs. Bankruptcy

Tucson Debt Debt Relief Attorney Services

Avoiding Debt Relief Scams

As the economy lags and consumers look for economic relief, many scammers try to take advantage of the situation. In the past few years there have been a growing number of illegitimate cottage industries who dare to call themselves “debt consolidators” or “credit counselors.”

In reality, these companies prolong consumer suffering by charging enormous upfront payments and by dragging out the debts over many years. This bilks the consumer out of his hard earned money and pushes him further into debt. It also ruins his credit score.

FTC to the Rescue

To prevent fraud, the Federal Trace Commission passed strict rules in the autumn of 2010 that forbids for-profit debt relief companies from charging advance fees over the telephone or from making false promises to any consumer.

Chapter 7 Bankruptcy Protection

If you are unable to pay your bills and need real solutions to eliminate your unsecured debt, a Tucson debt relief lawyer at Vidrine Law Firm, PLC, can review your situation, and give you solid solutions to help you begin a new financial future.

A Chapter 7 bankruptcy filing can legally and quickly:

  • Eliminate credit card debt
  • Eradicate unsecured personal and business loans
  • Wipe out older, delinquent rent payments
  • Get rid of doctor and hospital bills

Spiraling credit card debt is often the motivator that sends many people to seek refuge in so-called debt relief agencies and debt consolidators.

A qualified debt relief attorney at Vidrine Law Firm, PLC, can review your bills and provide you with a plan to eliminate debt and regain control of your finances.

Debt Settlement

You may have serious debts because of divorce, illness, or long-term unemployment.
If you have exhausted all your financial resources and are nearing the point where you may become delinquent in paying your mortgage or car payments, come to us as soon as possible.

We can find debt solutions for you, either by filing Chapter 7 or Chapter 13 bankruptcy, or by calling your creditors to settle your debts for a reduced amount. Although your creditor has the legal right to decline your offer to settle, having a powerful legal negotiator from our firm may bring the creditor around.

Finding the Right Legal Advocate

Don’t wait too long to seek legal advice. A debt relief lawyer can help you get out of debt quickly and efficiently. Avoid the threat of auto repossession and home foreclosure.

Call us today to receive a free consultation from a responsible and dedicated legal advocate. Our telephone number is 520.885.1106.

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