New York City Bankruptcy Attorneys Have the Facts You Need About Debt Consolidation Schemes
Loan workouts should be exactly that — resolutions to debt matters that are handled by an experienced attorney acting in your best interests — not the temptation of a heavily advertised debt consolidation scheme that could land you more deeply in debt than you are now.
You can trust the experienced lawyers of The Meyers Law Firm to work hard toward practical, lasting debt relief solutions for you — not quick fixes such as debt consolidation or 401(k) cash-outs. We always offer sound guidance, legal knowledge, comforting leadership and keen client focus to everyone we serve in Greater New York and surrounding counties.
Your free initial consultation with our skillful lawyers is just a phone call away, to 212-252-1212. If you need an evening appointment, please let us know.
The Meyers Law Firm — Generations of Successful Service to Greater New York
A debt consolidation and a consumer bankruptcy filing could not be more different. Debt consolidation programs favor creditors when "negotiating" resolutions to debt problems, typically to the debtor's detriment.
Debt consolidation provides no legal protection against creditors. Creditor harassment, foreclosure, car or truck repossession, and wage garnishment can continue to plague you as they always have. Even if a debt consolidation effort was successful, resulting in forgiveness of some of your debt, you may have to eventually deal with tax consequences, since forgiven debt can be treated as income.
Bankruptcy offers a much more solid, healthy, gradual solution, and allows you to make your financial comeback with a strategy that is comfortable for you. It allows you a "re-do," or "fresh start," and keeps you alert to debt problems and the need for credit repair in the future.
For those who seek an alternative to bankruptcy, The Meyers Law Firm uses its debt negotiation experience to lobby creditors for reductions in interest rates and extensions of terms. Even an alternative to bankruptcy is preferable to working with debt consolidation companies that advertise on TV, promising you the moon and never delivering.
For your own peace of mind, speak with the experienced attorneys at The Meyers Law Firm for the facts you need that can lead to sound decisions. We have provided those facts, and solid guidance, to people just like you throughout the Greater New York City metro for three generations. We see our clients as members of our own family — and we would never give our loved ones bad advice. Contact our Manhattan law offices today.
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The number to call for a free initial consultation is 212-252-1212. We give immediate attention to your e-mail or overnight message.
