Bankruptcy Alternatives Are not Always in Your Best Interests
You have likely seen the commercials. People in financial distress pay more attention when information on debt consolidation is presented to them on radio, television or the Internet. They make grandiose promises of getting collection agencies off your back. They vow to give you the peace of mind through their protection from creditors.
At Novak, Robenalt & Pavlik, L.L.P., we will educate you on your options and the benefits of a Chapter 7 or Chapter 13 bankruptcy. We will also give you the facts on so-called debt consolidation companies and the pitfalls of hiring them to resolve your debt problems.
For personalized legal services and individualized solutions to your debt problems, contact our northeast Ohio law firm at 216-592-8758 or toll free at 866-400-6637.
What Our Cleveland Bankruptcy Attorneys Can Do for You
A bankruptcy filing in court is your best option to shield you from creditors and stop foreclosure and repossession actions. Lawsuits are dismissed and collection agencies must cease any contact with you. Simply put, you are protected by law.
Conversely, debt consolidation companies may contact creditors on your behalf and attempt to work out a payment plan. However, your telephone may continue to ring with collection agencies wanting money from you. Any past-due amounts owed that are forgiven may lead to income tax liability.
While we are a bankruptcy law firm, we also provide workout services for our clients. Bankruptcy is a solution, but not a solution for everyone. In the end, you have nothing to lose by scheduling a no-obligation consultation with one of our experienced bankruptcy lawyers.
Contact Us
For more information or to schedule an appointment with an experienced lawyer regarding the legal protection that bankruptcy provides, please contact us.
