Alternatives to Bankruptcy

Debt Settlement v Debt Consolidation

In addition to representing our clients in bankruptcy, Milby Law Offices P.A. also represents clients who prefer to settle their debts.  We do not do debt consolidation.  Debt Consolidation is an agreement between you and your creditors to reduce or stop the interest rate on your debt and accept monthly payments until the debts are paid off.  There are plenty of companies out there who offer debt consolidation services, but these arrangements are rarely successful for a variety of reasons.  If you choose a Debt Settlement plan, an attorney will negotiate one-time payments to settle your debts with each individual creditor. In order to do debt settlement, you must have cash available to use to make the one-time payments.

First Step Toward Debt Settlement

If you are interested in the possibility of Debt Settlement as an alternative to filing for bankruptcy, we would be happy to meet with you to discuss this option.  Call to schedule your free consultation with an attorney at 316-262-7696.