To Get Debt Relief Fast – Consult A Competent Bankruptcy Lawyer
by John Fostar Media ReleationWith a conveniently located office in Largo, the Law
Office of Rowena N Nelson has helped scores of people in and around Maryland
and Washington D.C. areas with a variety of legal issues.
According to a Rowena N Nelson review, “This
well-known attorney firm has been in the forefront in assisting financially
distressed people reorganize their finances.”
It is not uncommon
for individuals from various walks of life to experience financially tough
times.
For such persons,
filing for bankruptcy relief is the only way out to clear debts and make a new
start in life.
But whether or not filing for bankruptcy is the best
approach depends on several factors.
A professional attorney specializing in bankruptcy
cases can advise you on the various factors you must consider.
For most individuals,
the choice boils down to two types of bankruptcies.
- Chapter
7 – this allows you to cancel most of your debts outright within a short
period, say 3 to 6 months.
- Chapter
13 – Here you can make use of your income to pay off debts over a period
of 3 to 5 years.
It is not a bad idea
to consider other alternatives to manage financial distress.
According to a
Maryland resident, non-bankruptcy courses can provide good solutions. The
strategies you adopt can address some key issues; the chief among them being
harassment from creditors.
A bankruptcy lawyer
will tell you that if bill collectors exceed their limits of harassing you, you
can take recourse to The Fair Debt Collection Practices Act, which prohibits
lenders from engaging in vicious behavior.
Remember, as per law,
a debt collector cannot call you repeatedly, use profane language, contact you
at odd hours without your permission, threaten you with imprisonment, or send
you papers that resemble legal documents.
As a last recourse,
you can even sue the debt collector.
According to one of
the Rowena N Nelson reviews , “This
legal firm has helped many individuals deal firmly with debt collectors’
harassment”.
Negotiating with
creditors is another good option.
If you are continuing
to earn some income and have property to sell, negotiating with your creditors
is not a bad idea.
“There are good
chances your creditors will favorable settle your debts and allow you time to
get back on your feet”, says a Maryland based bankruptcy lawyer.
Getting assistance
from a counseling agency is another alternative that can work.
Many individuals are
not at ease dealing with creditors. Creditors are tough negotiators and, more
often than not, inflexible.
There are several
nonprofit debt counseling agencies that can work with you to improve your
financial stature.
In case you want to
know more about such agencies in your area refer to the website of the United
States Trustee. Here you can get state wise list of approved agencies that
provide credit counseling.
The entire idea of managing your debt is it must not negatively affect you personal life. Choose a decision wisely, if necessary by consulting a bankruptcy lawyer nearest to you.
The law Office of
Rowena N. Nelson is among the top lawyer firms in Maryland. This Law Firm
provides a wide range of legal services including bankruptcy law, criminal law,
and family law.
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Created on Oct 11th 2017 05:34. Viewed 450 times.