Kemp Bankruptcy Lawyer Counsel Distressed Debtors
It is way too easy to get buried in debt in today’s world. Stores are eager to offer you a new credit card every time you go shopping. Many of us were raised to believe that owning the “biggest” home we could find is the “American Dream”. Advertisers would love for us to buy or lease a new car every year or two.
Many people have the money to make monthly payments on these items when they purchase them. But sometimes life seems to get in the way. The loss of a job, unexpected hospital stays, or maybe even having another child you didn’t plan for happens. When you live paycheck to paycheck, one little unexpected event in your life can have a huge impact on your finances.
Suddenly, the bills you could afford before have become overbearing burdens.
You can have debt relief in Texas, and Jenny C. Parks can help! She has experience dealing with all forms of debt, including:
- Credit Card Debt
- Student Loans
- Unpaid Taxes
- Vehicle Loans
Jenny C. Parks will be able to evaluate each form of debt that you have incurred and will help determine the best course of action. Chapter 7 or Chapter 13 bankruptcy may be the best course of action, but you may also be able to have Ms. Parks negotiate with your creditors to remove damaging information and negotiate a payment plan.
3 Steps to Improving Your Credit Report
Trying to get your credit report back on track is difficult, but not impossible. There are 3 steps to follow. It is important to contact a debt relief attorney to handle this for you, because a lot of debt relief agencies are simply not qualified. Effective debt relief settlement may also require legal knowledge and experience and having an attorney gives you better odds of the outcome you are seeking.
Stronger credit management will require you to:
- Challenge inaccurate information. If there is information on your report that simply is not true, challenge it directly with the credit reporting agencies. It is their job to verify disputed information within a reasonable time, or delete it from your credit report.
- Negotiate remaining debt. Do not dodge your creditors. Speak to them and try to work out a plan to pay off part of your debt all at once, or over time with a payment plan. It is especially beneficial to have an attorney like Jenny C. Parks during the negotiation process in the event you are getting push-back from the creditors. An attorney may be able to uncover errors on the part of the creditor that could be used as leverage for you.
- Build good credit. Once your current debt has been negotiated, you need to begin to build good credit. You need to prove that you have the ability to pay your debts and any new obligations in a timely manner.
Remember that creditors actually want to lend you money. You just need to show them that you are willing and capable of paying them back.