Your family may not be a good candidate for bankruptcy. A good rule of thumb is that if you owe less than about $10,000 in unsecured debt (credit cards, payday loans or medical bills) and are no more than about a month behind on your secured debts (house, car or truck), you may want to consider a bankruptcy alternative. Our bankruptcy alternatives lawyers can help you choose the solution that meets your needs.
With a bankruptcy alternative, your credit rating may not be as adversely affected by reaching a non-bankruptcy compromise. However, be aware that none of these alternatives provide legal protection or stop any pending or potential adverse action from the moneylenders.
Our attorneys can give more information about the following bankruptcy alternatives and help you and your family to decide if one is right for you:
These are just a few examples of some of the alternative solutions available to you as a consumer who wants to get your finances in order without taking the step of filing for bankruptcy. Our experienced attorneys are here to consult with you and help you come up with a plan that works for you and your family.
Many bankruptcy attorneys try to sell you a generic package deal without even really listening to your needs. At Wolff & Orenstein, LLC, our attorneys take the time to listen to you and perform an independent evaluation of your financial situation. Well known for our quality work, you can trust our Rockville bankruptcy law firm to recommend the right course of action for you and your family. For a complimentary initial consultation to discuss your case, contact us at 301.250.7232 or online. We serve Montgomery, Frederick and Prince George’s County and all of Maryland.