Bankrupcty Lawyer in San Jose

What Are My Alternatives to Bankruptcy?

If you are not sure that bankruptcy is right for you, we suggest that you contact Arnold Law Group to discuss your case. We can provide you with information about the available options that you may have.

Bankruptcy may be the best and most appropriate route you can choose to resolve your financial issue. Before filing for a Chapter 7 or Chapter 13 bankruptcy, however, you should find out more about the bankruptcy alternatives offered to debtors.

Alternatives to bankruptcy include:

Home Loan Modifications
If you are faced with foreclosure proceedings, you may be able to modify your mortgage payments. Home loan modification is a process in which the terms of a mortgage are modified from the original terms of the contract that were agreed upon by the lender and borrower.

Credit Counseling Programs
Credit counseling programs are for individuals who are struggling to pay their debts or have other financial questions. They offer financial counseling and other money management services, but these financial counselors are not attorneys. If you need legal representation, retain assistance from a knowledgeable San Jose bankruptcy attorney.

Credit Card Modifications of the Interest Rate and / or Principal Balance
In some cases, you can modify your credit card's interest rate or principal balance. Modification is accomplished through negotiation. Our firm can handle the negotiations to help you pay less on your account balance.

Voluntary Repossession of Your Residence
You may want to consider a voluntary house repossession if you are unable to afford your mortgage payments.

Short Sale of Your Residence
If you are having financial troubles associated with your home, you may choose a short sale of your residence. A short sale occurs when you sell your property for less than the amount due on the mortgage. We can help provide you with a certified Realtor.

Experienced Legal Help from Arnold Law Group

During a free case evaluation, we can provide you with knowledgeable legal counsel on each of the available forms of debt relief. When it comes to selecting a bankruptcy option, some companies will try to prey upon debtors who have issues with their credit. We want you to be fully prepared before you choose a debt relief option so that you can have confidence in the outcome.

With more than 30 years of combined experience, our bankruptcy lawyers in San Jose have the resources and proven ability that you need! You can trust in the legal guidance we provide through each step of your case, beginning with the decision-making process. Call us at once!