Ann Arbor Debt Negotiation Attorneys

If you are overwhelmed with debt, understandably, you want to know all of the options available to help you regain your financial footing. At the law office of Marrs & Terry, PLLC, we are available to help clients make informed decisions about their financial future. Pursuing debt relief through Chapter 7 or Chapter 13 bankruptcy is not for everyone.

Our firm's Ann Arbor debt negotiation lawyers are committed to helping you alleviate your financial concerns. One way we can make this happen is through negotiating with your creditor to reorganize or reduce your debts outside of personal bankruptcy. This option can be particularly valuable if your debts are relatively manageable, yet you may have limited income and possibly too many assets to file Chapter 7 bankruptcy.

To learn more about debt negotiation, contact our law firm today to schedule a consultation at one of our six office locations in Ann Arbor and Jackson.

Michigan Credit Card Debt Settlement Attorneys Negotiate With Creditors

If you are feeling consumed by your debts, you may be tempted to negotiate directly with your creditor to reorganize your debts. However, you will likely find yourself trapped with no real solution. Without a legally binding written agreement, your creditor could ultimately sell off your debts, leaving you with the responsibility to pay back another lender. Creditors are also much more willing to strike a deal when attorneys are at the negotiation table.

At Marrs & Terry, PLLC, our law firm includes skilled negotiators with extensive experience handling debt negotiations and reorganizations for clients throughout Michigan. We know how to work with creditors in securing a favorable written agreement for you and your family.

If debt negotiation is the right solution for you, we will pursue relief through a permanent reduction or a negotiated debt consolidation solution. Creditors are more likely to agree to a permanent reduction if you are able to remove the debt completely through Chapter 7 bankruptcy. As an alternative, some creditors allow debtors to reorganize their debts through extended payment plans. Enlist our law firm to help you determine the best way to help you obtain debt relief.

Filing Consumer Bankruptcy Can Be an Effective Debt Relief Option

Debt reorganization can be a promising solution for some individuals. On the flip side, debt reorganization can have negative implications, including higher taxes. Creditors may also be unwilling to reorganize or consolidate debts. We are committed to helping you understand all of the debt relief options available to you, including filing for Chapter 7 or Chapter 13 bankruptcy.

Contact Us to Learn How You Can Obtain Debt Relief

Marrs & Terry, PLLC, has extensive experience helping clients throughout Michigan obtain a fresh financial start. Contact us online or call 866-665-8095 to learn if pursuing debt negotiation or consumer bankruptcy would be the best solution based on your individual situation.