As this Q & A article states, a job loss is an unfortunate event that can send you into a financial tailspin. As a debt settlement attorney, I hear from people all the time that are in this precarious situation. In this article, a consumer is trying to weigh to pros and cons of loan modification vs. bankruptcy.
As the financial planner in this article advises, filing for bankruptcy is a very serious matter that can have financial implications for years to come. If you don’t qualify for bankruptcy or are looking for ways to avoid bankruptcy, consult with a debt settlement attorney in your area. Debt settlement can allow you to negotiate for a significant reduction in your debt without bankruptcy or court scrutiny.
Recent Job Loss Paired with Debt? was last modified: November 1st, 2014 by
The following two tabs change content below.
Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney.
Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.
Latest posts by Kevin Fallon McCarthy (see all)
- Public Servants’ Second Chance at Federal Student Loan Forgiveness - April 10, 2018
- CREDIT CARD LOSS FOR SMALL BANKS AT AN EIGHT YEAR HIGH - March 22, 2018
- Rise of the Jumbo Student Loans - March 17, 2018
