Spokane Valley Debt Relief Lawyers
If you’ve been doing any research into Spokane Valley debt relief lawyers, you will have seen how confusing it can be to tell the difference between debt settlement and bankruptcy. At Spokane Bankruptcy Attorneys, we not only have bankruptcy lawyers on staff, but also debt relief lawyers in Spokane Valley WA. Here’s a brief look at the differences between the two, as well as information on how we can help.
How Spokane Valley Debt Relief Lawyers and Bankruptcy Lawyers Differ
Spokane Valley debt relief lawyers may be able to negotiate a lower payment plan, or a more reasonable payment plan, with your creditors.
There’s one major difference between debt relief lawyers in Spokane Valley WA and bankruptcy lawyers. Debt settlement involves direct negotiations with creditors. Chapter 7 and Chapter 13 bankruptcy typically involve paying creditors a certain amount of money, and then discharging the rest of the debt through the court system.
Spokane Valley debt relief lawyers can help eliminate creditor harassment, just like a bankruptcy lawyer can. Debt relief lawyers in Spokane Valley WA will send letters to creditors telling them they’re representing you. Once this happens, your creditors will no longer be able to contact you directly – they must go through your lawyer.
In many cases, hiring debt relief lawyers in Spokane Valley WA is a sign to creditors that you’re considering bankruptcy, but you’re not quite ready to go that route. Creditors will often times be willing to work with someone going through debt settlement, because they’d rather get something than nothing. There is a chance that your debt relief attorney can help reduce the amount you owe to pennies on the dollar.
Contact Us for More Information
If you would like to learn more about what makes Spokane Valley debt relief lawyers different from bankruptcy attorneys, we’ll be glad to tell you. Just give Spokane Bankruptcy Attorneys a call at 509-444-2600 or use our convenient online form. We’ll also show you the many ways to help protect your financial future.