Monmouth County Debt Negotiation Attorney
Sometimes bankruptcy is not the right solution to an individual’s financial problems. Certain individuals may not qualify for bankruptcy relief or may have assets which could potentially be lost in a bankruptcy filing. Some individuals simply prefer a non-bankruptcy option. Under circumstances where bankruptcy is not the solution, it may be possible to negotiate with creditors to settle for less than what is owed. Although creditors are not required to accept payment for less than the amount owed, they are sometimes willing to do so under certain circumstances.