Ohio and Northern Kentucky Bankruptcy Lawyer Protecting Your Financial Future
When you are facing unmanageable debt, you might be tempted to consider turning to a debt consolidation company for help. While these businesses say they can help you become debt free in a short amount of time, they can cause significant problems.
My name is Patrick J. Conway. As a lawyer in Cincinnati, I give people solid legal advice about their debt reduction options. Whereas many debt consolidation companies promise everything and deliver nothing, I use my 29 years of bankruptcy law experience to help people make sound decisions that will lead them to a better financial future.
Be Wary of Debt Consolidation Promises
Debt consolidation companies advertise that they can negotiate with your creditors for lower payments and interest rates. They claim they can help you repay your debt quickly and improve your credit score immediately. If this sounds too good to be true, that's because it is. Problems with debt consolidation include:
- It is an unregulated industry under investigation by the federal and state authorities
- These companies are not forced to deliver what they promise
- People using these services can pay thousands of dollars in fees before any money goes to creditors
- Debt consolidation scams abound
While there are some legitimate debt consolidation companies, it is difficult to differentiate them from those that do not deliver on their promises. If you are saddled with debt, your best option is to speak with an experienced bankruptcy attorney as quickly as possible.
Bankruptcy Gives You the Protection of the Law. Debt Consolidation Does Not.
When you file for bankruptcy, the law protects you. Whether you file Chapter 7 bankruptcy or Chapter 13 bankruptcy, you are immediately protected from:
- Garnishments
- Foreclosure proceedings
- Vehicle repossessions
- Creditor harassment
The way you seek debt relief has a profound impact on your financial future. Avoid debt consolidation and seek the advice of a trusted bankruptcy attorney.
Rebuild Your Financial Future On Solid Ground
To discuss your debt relief options, contact me online or call my office at 513-924-4517 to schedule a free initial consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
