Turoci Bankruptcy Firm

Our economy was already struggling in recent years, and with the onslaught of COVID-19, we are closer than ever on the brink of a recession. As a result, many individuals and businesses are struggling with paying debts for no fault of their own. If you are feeling overwhelmed by high mountains of debt, you need to know that you are not alone. Our reliable debt settlement attorneys in Los Angeles are here to help.

Now, you may have heard that one potential option for decreasing your debt is through debt consolidation and settlement. This can be a helpful option of relief for some people attempting to pay back pricy loans through working directly with their creditors to decrease the payments that are due. In certain cases, a creditor might be willing to limit the amounts of debts that are owed, potentially allowing a smaller lump sum of payment. They might even be willing to negotiate an extended plan for installment, rather than facing the fact that they could lose everything if you file for bankruptcy.