Fort Worth, TX Bankruptcy Alternatives Exist!
Our Fort Worth Attorneys Are Experts in Debt Settlement.
When in over your head in debt, there are alternatives to Chapter 7 or Chapter 13 or Chapter 11 bankruptcy although if the debt is extreme, or there are special circumstances, this sometimes cannot be avoided. Chapter 7 and 13 deal mainly with personal debt problems. Chapter 11 is really a process that needs civil litigation as creditors have filed lawsuits. This many times leads to the dissolution of a business and only a good legal firm like Shuster Law PLLC can assist in averting dissolution or is dissolution is necessary then assisting in making the process less painful.
Individual debts or smaller business debts can oftentimes simply benefit from debt settlement which does not involve any type of court filings, or appearance, but rather negotiations on behalf of you and the creditor. A good Fort Worth attorney can make the process of debt settlement a smooth and easy transitional process and take off the pressure of being hounded by debt collectors.
Shuster Law PLLC Creates a Plan of Action for Your Particular Circumstances.
This is where debt settlement makes the most sense, especially when dealing with unsecured debt such as credit cards, etc. Shuster Law PLLC will negotiate on your part with your creditors and strive to lower the amounts owed, and reduce or eliminate too high interest, and perhaps even adjust the timeframe over which the payments are spread, all of which will save YOU money overall.
Debt Settlement Misconceptions are Rife!
Many individuals and businesses in debt panic and seek out debt consolidation solutions. These are services which are entirely different from debt settlement. Debt consolidation is the consolidation (or conglomeration) of debts by a company, that in essence buys your debts and makes them all one big debt which is then owed to the consolidation company.
These sound like a great solution, but you pay for a longer time, and there are fees tacked on. In fact, the debt consolidation companies are not about helping you but helping themselves make money. Debt consolidation stops the harassment, but you pay the price ultimately to them, and many who are in debt do not even seek out these services, as they will tele-market YOU, based on your name appearing in list brokering databases. Simply put, debt consolidation is a loan plain and simple. Student debt is oftentimes targeted by these companies as is credit card debt.
Debt settlement is significantly different. and reduces the amounts that you must pay after agreements outside a courtroom with your creditors. It can be a way to avoid bankruptcy and of course, steer clear of consolidation. Shuster Law PLLC should be consulted and retained if debt settlement this successful negotiation is the basic premise.
To discuss bankruptcy alternatives, including debt settlement, schedule a free, remote consultation at the law offices of Shuster Law PLLC, in Fort Worth, Texas. Call (972) 315-6222 or fill out our free, confidential online debt review form.
We notify your creditors during debt settlement of our representation, just as if you were filing bankruptcy. According to the Texas Fair Debt Collection Practices Act (FDCPA), once you retain an attorney and the creditors are notified of that fact, they are not allowed to contact you directly. All communications go through us, and we know just how to efficiently deal with creditors. You can stop the harassment immediately simply by retaining Shuster Law PLLC.
Shuster Law Firm
David Shuster is a native Texan, born and raised in Arlington, studied Economics at UNT, then law in Fort Worth at Texas A & M University School of Law, and has been a member in good standing with State Bar of Texas since November of 2002.
If You Need Assistance with Debt in Fort Worth, We Are Here!
At Shuster Law PLLC, we are committed to helping Texas families reclaim their financial independence through debt settlement and bankruptcy. Experienced debt relief attorney David Shuster devotes most of his practice to bankruptcy and debt settlement law, as does his seasoned staff in Fort Worth. Shuster Law PLLC has the representation you need when you need it.