The Dangers Of Debt Consolidation
With so much media attention being paid to our economy, it is no wonder that many organizations offer debt relief through methods other than bankruptcy. One of the most common methods involves debt consolidation.
At The Rollins Law Firm, we'd like to caution our prospective clients against rushing to a decision too quickly. Unfortunately, many people who advertise help through debt or credit consolidation can actually do little to help you. They will send letters to your creditors in an attempt to realign your payments. More often than not, the creditors will decline and you, the debtor, won't hear anything about it. We just ask that you do some research before turning your finances over to anyone.Jackson Debt Relief Attorney
While debt and credit consolidation scams have been around for decades, some people still find relief through them. It is crucial to remember, though, that the Bankruptcy Code was developed by the government as a way for honest hardworking Americans to get out from under crushing debt and start toward a bright financial future. Essentially, bankruptcy is a government-approved method of starting over. In fact, many people refer to Chapter 13 as the only true method of debt consolidation.
Whether you are seeking to eliminate medical debt, credit card debt or personal loans, it is wise to seek the counsel of a knowledgeable Mississippi bankruptcy lawyer. T.C. Rollins will thoroughly examine your unique situation and provide legal guidance as to your best course of action. Even if bankruptcy is not the right option for you, count on us to provide alternatives.
Call The Rollins Law Firm at 601-500-5533 or contact us online to learn more about our bankruptcy . We accept credit cards for payment of services. All prospective clients will meet with an attorney rather than a paralegal or legal assistant during the initial consultation. If the client cannot travel, we can do the interview over the telephone and mail any pertinent documents to the client.We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.