For certain individuals who are struggling to make ends meet, bankruptcy may be a viable option. But others may want to avoid filing because of the impact on credit, the potential loss of assets, and the existence of better alternatives.
At LSS Law, our debt relief lawyers in Miami have over seven decades of collective experience helping clients find solutions to their crippling debt. While many file bankruptcy and obtain the fresh starts they need, we have an assortment of methods we can use to help you get back on your feet. Generally, we recommend considering all possible alternatives before deciding bankruptcy is your only option.
When you contact our legal team, you may discover that the light at the end of the tunnel is closer than you once believed. Call (954) 516-2566 to get started with a free consultation.
While you may not know the right path for you until you meet with LSS Law, becoming familiar with your options is a great first step. No matter what kind of debt you have or relief option you choose, we can help you navigate the rights and obligations of both you and your creditors.
Contact our debt relief lawyers for assistance with the following:
A Composition Agreement is a type of negotiated settlement with multiple creditors. As a group, the creditors agree to accept less than what you owe in credit card debt, promissory notes, loans, or personal guarantees on business obligations. While filing bankruptcy includes a stipulation that prevents you from filing again within six years, Composition Agreements do not prevent future settlements or bankruptcies.
Many don’t know that creditors can be highly motivated to prevent their debtors from filing bankruptcy. Because a bankruptcy court may discharge your debt, a creditor may be more likely to negotiate a lower amount if they believe you have no other options. At LSS Law, our debt relief lawyers are highly skilled in developing effective negotiation tactics. Because we have represented both debtors and creditors, we understand what it takes to form an arrangement that benefits you and satisfies the individuals or companies you owe.
In our decades of combined experience, we have seen individuals achieve a level of success they never would have thought possible after we helped them recalibrate their finances. Debt carries a negative stereotype, but we have witnessed hard-working and diligent individuals fall on hard times through no fault of their own. We are deeply committed to helping every client who walks through our doors look toward the future with optimism and confidence.
Get started on your debt relief plan with our skilled legal team in Miami. Call or request your free consultation today!
The often times difficult Chapter 11 bankruptcy that traditionally favored larger companies is now available for small businesses through The Small Business Reorganization Act. Allows us to help you build a comprehensive strategy to navigate the process with the help our recognized team.
Contact us for a no-cost, no-obligation, bankruptcy strategy session.
