If you are exploring your debt relief options, you have another option available to you, and that is bankruptcy. It is not for everyone, but it may be right for you. The attorneys at Resnik Hayes Moradi LLP , can help you explore all your debt relief options, so you can make sound decisions and avoid the scams that are prevalent in the debt relief industry.
Call (213) 344-0043 or contact us online for a free consultation with a California bankruptcy lawyer. It could be your first step on the road to debt relief.
Be Careful About Debt Relief Services
Aside from bankruptcy, the two most common debt relief services are:
- Debt consolidation companies: These companies offer to work with your creditors to get your debts consolidated and lower monthly payments. This is a largely unregulated industry, so there is often no guarantee that they will actually do anything for you after you pay them.
- Debt settlement companies: These companies offer to work with your creditors to settle your debts for less than you actually owe. The problem is that your creditors have to agree to the plan. In the event they do and you settle your debt, you may face significant tax consequences.
Bankruptcy is not the only option for debt relief, but it is the most powerful. When you file for bankruptcy, you are protected from creditor actions by federal law. A debt relief service may offer benefits in some circumstances but cannot offer that level of protection. We strongly advise you to thoroughly research any debt relief service before handing any money over to them.
For a free initial consultation about filing for bankruptcy with Resnik Hayes Moradi LLP , call (213) 344-0043 or contact us online.
Our offices are open weekdays from 7:00 a.m. to 7:00 p.m., and we serve clients in the Los Angeles area and San Fernando Valley through offices in Sherman Oaks and Los Angeles.
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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.