Alternatives To Bankruptcy In Boca Raton
Bankruptcy is not always the best solution to a difficult financial situation. While bankruptcy offers a number of protections that can be advantageous to individuals and businesses, there are numerous reasons why people may choose to avoid bankruptcy even when they are facing an extremely difficult financial situation:
- The debt may be arising from only one account and the individual or business’s financial stability may be good apart from that account.
- People may wish to avoid the perceived social stigma of having filed for bankruptcy protection.
- People may view filing for bankruptcy as a lapse of responsibility.
Debt Settlement Negotiations
For those who are seeking to avoid bankruptcy, an alternative is direct negotiation with a creditor or creditors to reach a negotiated settlement. Creditors can be persuaded to consider accepting a lower amount as full payment on an account. This is especially the case when they understand that consumers are considering bankruptcy that could result in their debt being discharged completely or them receiving a drastically reduced amount.
Providing You With The Bankruptcy Information You Need
At FurrCohen, P.A., we offer our clients debt relief representation that is grounded in decades of experience. We understand the benefits of negotiating a debt settlement and how to secure a deal that benefits our client. The quality of the representation we provide to our clients has helped us earn a leadership position in the community of attorneys and law firms that work to secure debt relief for their clients. Let us put that same experience to work securing the negotiated debt settlement you need.
Contact The Boca Raton Debt Settlement Attorneys Of FurrCohen, P.A.
If you want to learn more about alternatives to bankruptcy, turn to the highly skilled and experienced attorneys of FurrCohen, P.A.. Our firm is committed to helping people improve the strength of their financial situations through the most effective means available.
Please contact our Boca Raton, Fl office to speak with our bankruptcy lawyers, call 561-395-0500 or contact us online.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.