Millions of Americans around the country are plagued with overwhelming debt that does not seem to diminish, no matter how high their monthly payments seem to be. With high-interest rates and multiple creditors hindering your ability to pay your debt, you may be looking for options to relieve your financial situation immediately. Fortunately, there are avenues that you can pursue that can alleviate your financial bind and allow you to start brand new. The most popular debt relief options available include Chapter 7 bankruptcy, Chapter 13 bankruptcy, and debt settlements. Contact a Loveland bankruptcy attorney today to learn more about the debt relief options that can best work for you.

What Method of Debt Relief Can Help Me the Most?

Depending on your financial situation, the debt relief option that can help you the most may vary. If you are struggling with keeping up with payments and you simply do not have the means to pay your debts, Chapter 7 bankruptcy may be your best option. However, if you have a steady income and do not want to lose your assets, Chapter 13 bankruptcy or debt settlement can help you get back on track. Debt settlement revolves around negotiating your debts down, especially medical debts and credit card debts. If medical debt and credit card debt is afflicting your financial health, consider reaching out to a Loveland bankruptcy attorney today to help you negotiate a debt settlement with your creditors.

Do I Qualify for Every Type of Debt Relief?

While there are a wide variety of debt relief options available, you may not be eligible for each and every one of them. For example, Chapter 7 bankruptcy is only available to those who are under a certain income threshold dictated by the state. Chapter 13 bankruptcy requires you to make a certain amount of money to ensure you are able to successfully fulfill your repayment plan. Anyone may be eligible for debt settlements, although circumstances may vary. Contact our law firm today for more information on debt relief options that can give you a fresh start.

How Can a Lawyer Help Me Relieve My Financial Situation?

Finding the debt relief solution that is right for you can take a considerable amount of research and effort. Embarking on a specific solution requires even more attention. Let our law firm handle the stress involved in finding the right fit for you and then help you navigate through whichever debt relief solution that is right for you. Call Holland Law Office today at 970-232-3097 to schedule a free debt strategy consultation and be one step closer to financial freedom.