Alternatives to Bankruptcy
Are There Alternatives to Bankruptcy?
If you are in dire financial distress, you may be analyzing every possible option to avoid bankruptcy. However, borrowing from a family member or being deceived by a “credit consolidation” company is not the answer.
There really are no good alternatives to bankruptcy. If you think you have several options, it is best to speak with a knowledgeable bankruptcy attorney before taking action. Contact McElroy & Associates in Memphis for a free consultation.
Debt Settlement & Credit Consolidation Companies
By the time some clients come to us, they have already sent money to companies that claim to provide credit card consolidation or debt management services. Many of these companies are scam artists who only have one thing in mind — making money off of unreasonable administrative fees.
At McElroy & Associates, our bankruptcy lawyers genuinely care about getting you out of debt in a fast and legal way.
There are no debt consolidation services in Tennessee or Mississippi that our law firm stands behind.
Bankruptcy is the Best Option
Bankruptcy is the most effective way to start over financially and the only method that is backed by the United States federal government. Other “debt settlement” options cannot keep creditors from calling or stop/prevent foreclosure.
* We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.