Consolidation vs. Bankruptcy

Experienced Orlando Bankruptcy Attorneys

Poor economic conditions have led many people and families throughout Florida to become overwhelmed with debt. This has also given rise to numerous debt consolidation companies, which often promise to resolve consumer debt without going through the bankruptcy process. Unfortunately, trying consolidation can cost significant amounts of money without delivering the desired result, simply delaying a bankruptcy that can provide a fresh start.

By enlisting an experienced lawyer from the Price Law Firm in Orlando and Altamonte Springs, Florida, you will have both the knowledge and the strength of the law on your side. Our attorneys have more than 20 years of experience helping people climb out from underneath overwhelming debt.

Can bankruptcy help you more than debt consolidation? To speak to a lawyer about your options, call us today at 407-834-0090 for a free consultation. You can also contact us online.

Consolidation vs. Bankruptcy

In almost all cases, Chapter 7 or Chapter 13 bankruptcy is a more beneficial option for consumers than debt consolidation. Why? A debt consolidation company will collect your money while planning on working out a settlement with your creditors eventually, once it has collected a large enough sum.

Unlike bankruptcy, where the automatic stay puts a stop to harassment, garnishment, lawsuit judgments and other actions, debt consolidation does not protect you. Many people eventually file for bankruptcy after losing money waiting for consolidation. The sooner you file for bankruptcy, the sooner you can get a fresh start and begin rebuilding your credit.

Turn to Attorneys You Can Trust

When you turn to our law firm, you will work with an attorney who can help you achieve a fresh start. Contact us today for a free consultation.

We are a debt relief agency. We help people file for bankruptcy in Orlando under the Bankruptcy Code.