Debt Litigation
Bankruptcy Attorney in California
Debt litigation generally refers to a lawsuit brought against a person in debt by his or her creditors. A creditor usually begins debt litigation as a legal means to recover delinquent payments or funds. For example, if you owe your credit card company are large amount of money and are unable to pay your monthly bills, they may send you a summons requiring you to appear in court. At this point, you need a strong collections defense team to represent you in court, but you can also utilize the help of a bankruptcy lawyer to negotiate with your creditors out of court to reduce your debt or to develop a payment plan that works for you. If you have reached the point of debt litigation, you will want to contact a California bankruptcy attorney right away to offer to strong legal advice and guidance.
If you cannot work with your creditor to set up a feasible repayment schedule or a debt settlement plan in which a creditor agrees to reduce your principal balance in exchange for regular monthly payments and an upfront fee, your debt litigation may result in you filing for a legal bankruptcy. Though filing bankruptcy may seem daunting, it can sometimes prove to be the best method of setting you back on course with respect to your finances.
California Bankruptcy Lawyer
If you want to know more about the debt litigation process and your legal options, you will need an experienced group of bankruptcy lawyers to offer you the assistance you require. At Price Law group, our skilled and determined team of legal professionals has a sophisticated understanding of California and federal bankruptcy law. We want to put that knowledge to use for you so you can reclaim a prosperous financial future and get out of debt for good. We think everyone deserves a fresh start sometimes. Let us help you today.
Act now to find out how a skilled legal team can help you in your debt litigation suit.
Contact a California Bankruptcy Attorney
to get help with regaining your financial freedom after facing debt litigation from your creditors.
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