Nevada Debt Consolidation Attorney

Are You Considering Debt Consolidation?

Many people today are facing mounting debt and shrinking income. Dealing with these situations requires creative thinking and sound advice from knowledgeable and trustworthy professionals. Debt counseling with a Nevada bankruptcy attorney is a good place to start. This will give you a firm understanding of possible solutions to your situation. You can get your question answered regarding bankruptcy and other methods of debt resolution.

Debt Consolidation Lawyer in Nevada

Debt Consolidation means all debts are combined into a prearranged monthly debt repayment plan. The consumer takes out a loan which will pay off the debts leaving the consumer with only the one monthly payment to the new lender. Some people elect to use a home equity line of credit for this purpose. It may be combined with debt settlement where the firms, through negotiation with your creditors, work out an agreement to have them accept less than the full amount as payment. A debt consolidation attorney at the firm does both of these for clients as well as other debt resolution actions. Before committing yourself to a new monthly payment please consider the following:

Chapter 13 Bankruptcy includes a debt consolidation plan wherein you make monthly payment over three to five years without any interest charges.
If the interest charge on your new loan is variable could the payment increase beyond what you can afford?
If you are switching unsecured debt to secured debt and cannot in the future make the payments you could lose your property. Unsecured debt can be discharged in bankruptcy.

The legal team at the firm is committed to helping Nevada consumers to regain control of their financial situation again. A bankruptcy lawyer at the firm will offer advice as to which option would be sound in your circumstances. Call Price Law Group to discuss debt relief.

Contact a Nevada Debt Consolidation Attorney at the firm is dedicated to assisting clients to get a fresh start.