Understandably, many people are reluctant to file for Bankruptcy. Sometimes bankruptcy is the best options while other times it’s simply not. Our firm is happy to discuss bankruptcy alternatives with you. Every individual and family has a different set of circumstances, so please contact our bankruptcy attorneys in Toledo, OH to schedule a free initial consultation to discuss your unique situation.

Here a few options depending on your situation:

  • Debt Collection and Lawsuit Defense:  Sometimes a client will come to us with one particular debt. Usually they have received a letter demanding payment or a lawsuit has already been filed.  If you have just one debt and a valid defense to the collection attempt, then you might not have to file for bankruptcy.  Under these circumstances our lawyers could represent you by responding to the letter you received and/or defend you in the lawsuit.
  • Payment Negotiations:  Another option is to negotiate with your creditors to settle the debt for a lesser amount than the balance due or get you on a payment plan of some sort.
  • Offers in Compromise:  If you owe back taxes, you may qualify for an Offer in Compromise to pay a lesser amount. We can help you with Offer in Compromise process for the IRS and State.
  • Debt Settlement Companies:  Instead of negotiating with your creditors yourself, you could hire a debt settlement company to persuade your creditors to settle for less than what you owe.  However, there are a lot of scams out there.  In our experience, most people waste time and money trying this option only to find out they would have been better off filing for bankruptcy.

Schedule a Free Consultation with our Toledo Bankruptcy Lawyers

For most people, the hardest thing to do is making the decision to come in to see us for a free consultation to find out what your options are. As bankruptcy attorneys, we are in the best position to advise you of both the benefits and risks of non-bankruptcy options. We’ve helped many people get a fresh financial start. Call us today 419-740-5935 for a free, no-obligation appointment or by using the contact form on this website.