Anaheim Debt Consolidation Attorney
Debt Consolidation Versus Bankruptcy in California
Are you stuck in mounting credit card debt or insurmountable medical bills? If so, you may be able to pursue debt consolidation as an alternative to bankruptcy. This option may allow you to regain control over your debt through a more affordable loan. Though not for everyone, debt consolidation can be a valuable path to financial freedom.
No matter the type or extent of financial struggle you are facing, it is critical to consult with an experienced debt relief attorney about the details of your situation.
I am attorney Christopher P. Walker, an experienced bankruptcy attorney in Anaheim, California. If you are buried in debt, it is important to know that you have options. I can walk you through all available debt relief options and provide tailored legal counsel to help you achieve financial stability. Contact me today for a free initial consultation.
What Is Debt Consolidation?
Debt consolidation is a type of loan typically provided by a consumer credit service. Instead of struggling to make payments to your credit card or original lender, when you pursue debt consolidation, the credit service will negotiate with your lenders and pay off the debt you owe. You, in turn, will make monthly payments to the credit service.
Generally, debt consolidation results in a more favorable interest rate and more affordable monthly payments. In some cases, you may even be able to obtain a reduction on the total amount you owe.
Benefits And Downsides Of Debt Consolidation
For some people, debt consolidation is a better option than consumer bankruptcy. It can allow you to regain control over your debt in a single, manageable monthly payment. Although debt consolidation can still affect your credit score, the impact will be far less detrimental than filing bankruptcy.
Debt consolidation can have downsides. As with debt settlement, you will owe taxes on the amount of any debt that is forgiven. For some, the tax burden alone can be prohibitive.
Contact An Anaheim Credit Card Debt Relief Lawyer For A Free Consultation
To learn more about debt consolidation versus bankruptcy, call the Law Office of Christopher P. Walker, P.C., at 714-639-1990. I offer affordable fees as well as evening appointments.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
From Our Clients
After years of putting off doing a will... we now can rest assured our family estate is legal and ready when we need it.
I found Mr. Walker on the net and am confident to recommend him for legal matters. Office staff was very attentive.
Hurray we finally did it!!!
- Tess
I've been through difficult times so I hired Mr. Christopher Walker to help me, I am very impressed the way he does business. He explains everything in a very professional way he did excellent job for me. I don't know many attorneys out there that answer they're office phone but he does and he returns calls quickly.
- Carlos C.
I have been working with Chris for at least 5 years. He helped us with our Trust. He is transparent and listens. I would recommend him highly.
- Octavio N.
I am not a man known for being a word smith so I am going to put it simply. The hardest year of my life has finally ended on a very high and happy note. Mr. Walker and Laurie are the best partners anyone could ask. They work tirelessly and made the difficult confusing process easy to understand and the clouds have now cleared! Thanks for everything.
- Justin C.
HOW TO REACH US
My law firm is a debt relief agency. I help people file for bankruptcy relief under the Bankruptcy Code.
Let’s Talk About Your Unique Situation, Goals And Needs
Your Initial Consultation Is Free.