Debt Settlement and Other Bankruptcy Alternatives in Alabama
We understand that while bankruptcy is a powerful tool for protection against creditors and debt collection lawsuits, it is not appropriate for everyone. Depending on your particular financial situation, it may be advantageous for you to attempt to settle your debts instead. At Gina H. McDonald & Associates, we have helped Alabama debtors settle their debts for a small portion of what was originally owed.
At the Birmingham law firm of Gina H. McDonald & Associates, we can help you understand the alternatives to bankruptcy, the options that you have and what the best options are for your unique situation. We will be honest with you about what is in your best interests and will not advise you to file for bankruptcy unless it will help you in the short term and the long term.
Avoid Debt Settlement Scams
There are literally hundreds of credit counseling services and debt consolidation programs out there offering struggling people help with their debt burdens. Unfortunately, most of these programs are scams that keep more of your money to themselves than they actually pay to your creditors. They promise great results, but once you are signed into their program, they lock you in with hidden fees and penalties for canceling their service. The experienced Alabama attorneys of Gina H. McDonald & Associates can give you honest and realistic solutions to settling your debts. We do not promise what we cannot deliver and we charge no hidden fees.
If you have already enrolled in a debt settlement program that has taken more of your money than it deserves, we may be able to help you recover part or all of it. Debt settlement programs are regulated by the Credit Repair Organizations Act (CROA). If they violate the law, they may be liable to you for the amount of money you paid them, the damages they have caused, or you may be able to completely rescind your contract with them for a full refund.
Schedule an appointment and talk with one of our experienced attorneys about debt settlement in Alabama. We have offices in Birmingham and Oneonta. Contact our firm by e-mail or by calling us toll free at 888-412-9047.