Bill Consolidation Attorney in Queens

We Can Help Our Clients Manage & Reduce Their Debt

When people are experiencing problems with debt, it’s rarely just one kind of debt they’re struggling with. Difficulty with paying a mortgage or paying off a credit card balance only makes it harder to find a way to afford unexpected medical debt. If it doesn’t seem like there’s an end to the debt consuming your life, an attorney can help you consolidate your debt into more manageable payments.

At the Law Office of Seni Popat, P.C., we have helped clients consolidate various types of debt into more manageable payments – sometimes even helping them reduce the principal debt owed to their creditors! This is possible by verifying our clients’ debts, advising them during a loan consolidation, or representing their interests in Chapter 7 or Chapter 13 bankruptcy. It’s possible to deal with your debt problems, and our bill consolidation attorney in Queens can help!

For more information and a free consultation, please reach out to the Law Office of Seni Popat, P.C. online or by calling (718) 340-3385.

What Is Debt Consolidation?

Debt consolidation is much of what it sounds like. Put simply, it’s a way to reduce the number of creditors you owe money to – sometimes it’s even possible to reduce the principal you owe as well.

By reducing the number of creditors you have, you don’t have to have to pick and choose which payments you’ll make that month. That can mean avoiding late payment penalties and interest rates from multiple creditors, which can keep you in debt for longer than you ever intended. Reach out to our bill consolidation attorney in Queens if you have more questions about how this debt relief too can work for you!

Which Debts Can Be Consolidated?

You can consolidate most types of consumer debt. Some of these include the following:

• Credit card bills
• Student loans
• Medical bills
• Missed mortgage payments
• Personal loans
• Utility bills

How Do I Consolidate My Bills?

There are many different ways people accumulate debt. Sometimes it happens when they accidentally overextend their budgets, but it often happens when the unexpected comes to pass. Job loss, unforeseen medical bills, divorce, and failed investments are just a few of the ways people who were once doing well financially can find themselves deep in debt.

If this is your first time considering debt consolidation, you’re probably not sure how it works. Rest assured that our debt consolidation lawyers in Queens can guide you through this process by creating a legal strategy unique to your situation.

The following debt consolidation solutions could work for you:

• Debt Verification: We’ll investigate the debt your creditors say you owe and look for any clerical errors that might have caused you to owe debt that doesn’t belong to you. If something doesn’t look right to us, we’ll help you fight to get it removed so you can focus on the debt you actually owe.
• Loan Consolidation: Sometimes your problem isn’t necessarily how much you owe, but how many people you owe money to. By consolidating debts from various creditors under a single loan, you don’t have to worry about making payments to each creditor or the penalties you could face from each for a late or missing payment.
• Bankruptcy: People generally tend to avoid bankruptcy, but it’s a legitimate way to consolidate and even eliminate debt. Depending upon how much debt you owe, you can file for Chapter 7 to discharge your debts or Chapter 13 to reorganize it into a payment plan.

Get Legal Assistance Today!

Whatever you do, don’t attempt to pursue any debt consolidation strategy on your own! The stakes are high and having an attorney guide you through this process can help you avoid many pitfalls along the way.

For more information about how the Law Office of Seni Popat, P.C. can help, request your free initial consultation when you get in touch with us today!

Reach out for help with debt consolidation by submitting an online contact form today!