Debt Counseling

California Bankruptcy Attorney

Debt counseling, also referred to as credit counseling, is the process of working with a credit counseling agency to formulate a debt management plan (DMP) so that you and your family can work toward debt relief.  The agency works directly with your creditors to help define the terms of the DMP.  Debt counseling is often an effective alternative to bankruptcy that can help you establish a manageable repayment plan for your debts.  If you do decide to file bankruptcy, debt counseling is almost always required as part of the process, and those who file must choose from a list of federally or state-approved counseling agencies.  If you want to learn more about the benefits of debt counseling or about the requirements for debt counseling when filing for bankruptcy, you should contact a California bankruptcy lawyer as soon as possible. 

Unfortunately, not all debt counseling agencies are equal.  Many agencies have been criticized by consumer advocates for requiring consumers to pay too many hidden fees and for negotiating unfair plans for clients since agencies typically make most of their money from the credit companies.  For these reasons, it is important to research your credit counseling agency thoroughly and to choose an agency with care.

Bankruptcy Lawyer in California

If you are considering undergoing debt counseling or need to know more about debt counseling requirements for bankruptcy, you will require the assistance of an experienced and accessible group of bankruptcy lawyers.  At Price Law Group, we can make sure you are choose a reputable debt counseling agency with which to work and help you get the most out of the debt counseling process.  We want to see you succeed after struggling with debt, and we will use our exceptional legal skill and knowledge to make sure you do just that.  Let us help you today. 

Find out how credit and debt counseling can help you get back on your feet again.  Contact a California Bankruptcy Lawyer to learn more about debt counseling and finding a payment plan that works for you.