Why Bankruptcy is a Better Option to Eliminate Credit Card Debt Than Credit Counseling
If you are considering filing for Bankruptcy, you may have also looked into credit counseling. For most people and most situations, credit counseling alone will not solve all financial problems. But credit counseling is now a small, but nonetheless mandatory part of the Bankruptcy process. Our firm provides comprehensive legal help to individuals who are interested in filing for Bankruptcy. We can answer your questions about credit counseling and advise you on your decision.
Do you need to speak with an Orlando Bankruptcy attorney regarding credit counseling and Bankruptcy? Contact the Law Offices of K. Hunter Goff, P.A. today to arrange your consultation.
Bankruptcy or credit counseling?
If you are looking for help with credit card debt, you may think that credit counseling can solve your problems. However, for most people credit counseling only serves to lower their credit score, and the negotiated payments are still too high for their budget. For most people, Chapter 7 or Chapter 13 Bankruptcy is the preferred option. If you would like to discuss your Bankruptcy options with a Florida Bankruptcy lawyer, please contact us.
Mandatory credit counseling
An individual who is filing Bankruptcy will need to complete two mandatory credit counseling courses. The first course is completed prior to filing; the second must be completed before the person receives the discharge of his or her debt. Our firm includes the cost of both credit counseling sessions in our fees. These courses are not as difficult or as time consuming as some people think. In fact, the courses can be completed online. We will show you how to complete this mandatory requirement simply and easily.
Our firm can calm many of the fears you have about credit counseling and the Bankruptcy process. Contact us today to arrange your consultation.