Alternatives To Bankruptcy In Northbrook, IL
Understanding Your Debt Management Options
While bankruptcy can provide people struggling with crippling debt with much-needed relief, it is not the perfect option for everybody. In fact, in numerous cases filing for bankruptcy can potentially harm your long-term goals for many years. When this is the case, our Northbrook credit counseling attorneys will likely suggest one of several alternatives to declaring bankruptcy to help you obtain relief without damaging your financial future.
At Bach Law Offices, Inc., our lawyers have extensive experience providing legal assistance to clients struggling under financial hardship for over 40 combined years. We understand that in many cases, bankruptcy is not the result of irresponsible behavior, but the compounding of several unfortunate events all compounding on top of each other. We strive to put the law to work for each of our clients, protecting their best interests and providing them with a way out.
Call Bach Law Offices, Inc. at (847) 440-5998 for assistance, starting with a free in-person consultation!
Bankruptcy Alternative Programs
Declaring bankruptcy can put a huge hit on your credit, which may prevent you from being able to secure things such as loans or leases. Our attorneys can advise you as to whether one of these alternatives would be the best choice.
We can help you with bankruptcy alternatives, including:
- Debt Settlement
- Debt Consolidation
- Credit Counseling
- Mortgage Restructuring
Debt settlement is a popular alternative option, as it allows you to settle your debt for less than what you owe, often times with a carefully-negotiated debt management plan proposed to your creditors.
Consolidating your debt is also popular, allowing you to bring all of your debts under control in one monthly payment, freeing up more of your budget and allowing you to keep up with your other living expenses.
Many people also opt to re-finance their home, reducing their monthly payment to help free up more cash and pay off more of their expenses.
Need assistance with any of these programs? Contact Bach Law Offices, Inc. for legal help now!