Debt Relief Lawyer in Raleigh
Find Your Path to Financial Freedom
If you are struggling with debt, you aren’t alone. Millions of Americans are looking for relief from financial hardship, which is particularly challenging in today’s economy, thanks to COVID-19. Whether you have lost your job or been forced to shut down your business, our team at Venters Law Offices wants to reassure you that this is not your fault, and you may have more options than you believe.
Our debt relief attorney in Raleigh has the skills and experience needed to help you obtain freedom from these challenging circumstances. We can assess your situation, listen to your short-term and long-term goals, and devise a customized plan to address your needs.
Types of Debt Relief
Living with debt can take years from your life, especially when aggressive creditors are hounding you for payments. Fortunately, there may be several ways to escape your situation. Through one of our debt relief programs, you may be on your way toward true financial freedom.
Here are just a few examples of our debt relief services:
- Credit card debt—According to the Chamber of Commerce, credit card debt is one of the most commonly experienced types of debt. In 2019 alone, the average credit card debt for North Carolina was $8,062. Our attorney can help you negotiate with your creditor to lower your monthly payments, reduce your interest, or even settle for a lower principal. Alternatively, we may be able to discharge some or all your credit card debt through Chapter 7 or Chapter 13 bankruptcy.
- Medical bills—Countless Americans struggle under the weight of substantial medical bills, and bankruptcy is one of the best solutions to this type of debt. Like credit card debt, medical debts are unsecured, meaning they are unattached to physical pieces of property, like houses, cars, or land. Because creditors who own medical debt know what they might lose if you file bankruptcy, they may be particularly open to debt negotiation and settlement.
- Auto loan protection—Auto loans are a type of secured debt because they are attached to your vehicle. As such, your lender has the contractual right to repossess your car if you fail to make payments. Chapter 13 is a viable option for anyone who feels they may be on the brink of repossession. Bankruptcy triggers the automatic stay, which halts repossession and all other types of collection activities. You then have 3-5 years to catch up on payments, effectively eliminating the risk of losing your car.
- Foreclosure relief—Like auto loans, mortgages are a form of secured debt. You can use Chapter 13 to give yourself time to catch up on arrears while your lender is prohibited from foreclosing your home. Alternatively, we may be able to apply for a mortgage modification. If timed properly, this request could delay foreclosure, and an approval would give you modified terms that you could manage more easily.
At Venters Law Offices, we realize that every case comes with a unique set of circumstances and contexts. One type of debt relief might not work as well for you as another type, which is why we offer fully customizable plans. You can count on our debt relief lawyer in Raleigh to personalize your legal and financial solution to accomplish your goals as soon as possible.
Compassionate & Responsive Service
Extensive Experience in Bankruptcy Law
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