Bankruptcy Alternatives

Alternatives to Bankruptcy in Raleigh

Bring Your Financial Crisis to Our Dedicated Attorney

One thing is clear about our modern economy: we live in uncertain times. The COVID-19 pandemic has forced countless companies to shut down and lay off workers, and both state and federal governments are struggling to provide Americans with the support they need.

For many, bankruptcy is the only way forward. However, if you are struggling with debt, bankruptcy might not be your only option. At the Venters Law Offices, we want to help you assess all options at your disposal before carefully selecting the most appropriate path. Whether you are ineligible for bankruptcy or would prefer to avoid it, our Raleigh attorney can help you find the debt-relief solution you need.


Call us today at (919) 336-0200 to discover different options for resolving your debt issues. We offer free initial consultations, same-day services, and support in either English or Spanish.


Debt Negotiation and Workouts

One alternative to bankruptcy is negotiating directly with your creditors. The goal of negotiation may be to reduce your interest rate, lower your monthly payment by extending the terms, or even settle your debt for a lower amount and forgiving the rest. These are sometimes called debt workouts.

Debt collectors are often ready for negotiation and settlement because they stand to lose much less than if you were to file bankruptcy. If what you owe them is unsecured, Chapter 7 bankruptcy could completely eliminate your obligation to pay.

Through negotiation, you may be able to reduce or modify the following:

  • Credit card debt
  • Department store debt
  • Repossession deficiencies
  • Judgments that are several years old
  • Signature loans
  • Personal credit lines
  • Defaulted student loans from private sources

You might also be able to arrange a forbearance period, which allows you to skip a few monthly payments. The payments you skip, however, will need to be paid at a later time.

Tax Relief

If you owe tax debt, bankruptcy is not your only option. The IRS is perhaps the most intimidating creditor of all, but our attorney is certified to handle these cases, and he can help you find a solution to your tax crisis. We may be able to arrange a payment plan, submit an Offer in Compromise (the tax version of a debt settlement), and more.

Contact us online or call (919) 336-0200 so our Raleigh bankruptcy alternative lawyer can help you obtain financial freedom as soon as possible.

Our Clients Say it Best

Testimonials
  • “Quite a unique combination but Chris Venters offers this type of counsel. He was timely, efficient, and thorough with my inquiries. I HIGHLY recommend Chris and am confident that he will provide the ...”

    - Sherry Wright
  • “Throughout my case, he was always very quick to respond, made himself available, and always patient in explaining the status and details/developments of my case.”

    - Previous Client
  • “Chris Venters worked day and night on my case to get my wife and me a settlement.”

    - Karl
  • “Chris made sure I was fully prepared for my court date and the outcome was exactly what he predicted (and what I needed).”

    - Previous Client
  • “Chris has helped me with contractual concerns on financing loans. Rental contracts and landlord obligations. We have also touched Estate Planning and determining values for assets.”

    - Robert
/

What You Can Expect from Us

Financial hardship is one of the most stressful challenges we can experience. It weighs on us psychologically and prevents us from building the life we feel we deserve. When you are struggling to obtain freedom from debt, take your case to Venters Law Offices. Our attorney gives each of his clients 100% of his attention, developing fully customized solutions to seemingly insurmountable problems. When you come to our firm, you are putting your financial future in the best possible hands.

Dedicated to Serving Your Best Interests

What You Can Expect from Us
  • Compassionate & Responsive Service
  • Extensive Experience in Bankruptcy Law
  • Free Initial Consultations
  • Spanish Services Available
Ready to Discuss Your Case?

Schedule a free initial consultation today. We offer Spanish speaking services!