Consolidation of Debt
Consolidating Debts in New York
It is easy to get into financial trouble by spending more than you make, losing your job or getting hit with unexpected expenses. A debt consolidation program can be an effective way to get your finances under control. With debt consolidation, a large secured or unsecured loan is acquired and used to pay off the money owed to other creditors. All of the smaller debts are essentially combined into one single monthly payment at a lower interest rate. Other benefits to debt consolidation can include a longer period of time to pay your debts, no late charges, no over limit fees. You will also stop receiving harassing calls and letters from creditors.
Many people chose debt consolidation as an alternative to other options such as filing bankruptcy because it is less harmful to their credit rating. Over time, a debt consolidation program will stabilize declining credit scores, it can eventually increase them.
If you are experiencing financial hardships and are unable to pay your bills, contact a New York bankruptcy lawyer to find out about debt consolidation and other possible solutions to your money problems. An attorney knowledgeable in debt relief solutions can review your situation and help you find the best way to get your finances back on track.
New York Debt Consolidation Attorney
Attorneys at Price Law Group have helped thousands of individuals and families get out of debt. We know the stress overwhelming financial obligations can create, and will use every available resource to resolve your crisis as soon as possible. This includes taking advantage of programs like debt consolidation, which can ease the burden of:
- Credit card debts
- Utility bills
- Medical expenses
- Student loans
- Other types of personal loans
Our firm is committed to your financial well-being and will provide the personal care and service you need to successfully address your debt problems.
Contact a New York Debt Consolidation Lawyer
today to get vital information on debt consolidation and other solutions to your financial problems.