Alternatives to Bankruptcy
Some individuals do not wish to file bankruptcy or are not eligible for this legal solution to debt problems. In these cases, with the assistance of a Florida bankruptcy attorney, alternatives to a bankruptcy are possible. For example, there are cases in which a debt settlement can be worked out with creditors that give great relief to the individual or corporation who has been dealing with threatening calls, letters, possible judgments and lawsuits.
Corporations also have several non bankruptcy alternatives, including work out , assignment for benefit of creditors or dissolution without bankruptcy .
With the assistance of Thomas L. Abrams P.A., the alternatives that best suit your situation can be quickly discovered and implemented.
Many responsible individuals and corporations have gotten themselves into serious financial difficulty in the recent past especially due to the carona virus , and need help in resolving debt related matters. It is an interesting fact that creditors often are more likely to listen to a lawyer than to a customer who they feel that they can intimidate. When we begin actions to fight for you, it can result in a reduced principal amount on certain debts as well as lower, more affordable payments.
Debt consolidation is a possible solution for those who do not wish to file bankruptcy or have too many assets that they do not want to risk losing. With the understanding and dedication of Thomas L. Abrams P.A., a solution that suits your circumstances can be worked out. Each case is unique, and each client is important to us.
To discuss your unique situation, contact the Law Office of Thomas L. Abrams today for a free evaluation.