Alternative Solutions

Customized Options for Your Unique Situation

Depending on your financial situation, there are a host of alternatives to bankruptcy that can help rectify your financial difficulties.

Negotiating with Creditors

When bankruptcy is filed, creditors lose money. Therefore, many creditors are willing to negotiate a settlement in order to receive a portion of their money. Negotiating with creditors is a viable alternative for a debtor who has sufficient income or assets that can be liquidated, and particularly if those assets would be liquidated in a bankruptcy.

A company or small business under financial distress could also potentially negotiate with creditors to reduce and renegotiate delinquent debts in order to improve or restore liquidity and continue operating. This type of solution is often a less expensive alternative to bankruptcy, and often reduces debt and extends payment terms.

Debt Consolidation

In cases where the interest payments alone are more than the debtor can afford, debt consolidation allows the debtor to borrow sufficient funds from a single lender at a low interest rate that allow repayment of several other higher interest rate debts. Commonly used to pay off high interest credit cards, debt consolidation simplifies payments to one monthly creditor. Additionally, the lower interest rate allows more of the principal to be paid, resulting in faster debt repayment.

Whether you’re looking for alternatives to bankruptcy, or searching for the right type of bankruptcy, we can help! At Kelley & Clements, our experienced attorneys can help you identify the pros and cons of bankruptcy.

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Unique Problems Require Unique Solutions

As the old saying goes, there’s more than one way to skin a cat. Sometimes bankruptcy is right for you or for your business. In those times when it isn’t the right move, we can help there as well. Click the topics below to learn more.

Asset Protection & Planning

Despite what you might have heard, filing for bankruptcy is not simply a matter of hiring an attorney and filling out some forms. In most cases, you will have property and assets that are important to you and to your family. This is where having an experienced asset planning attorney is so important. Our lawyers understand the obscure rules and cases that could potentially have long-term effects on your financial well-being, and we have the knowledge you need to see your case successfully through. Before you file a bankruptcy case, understand your options and how the law can protect your assets. If you are looking for an experienced Gainesville, GA asset planning and protection lawyer that understands the complexity of protecting your assets, Make an appointment with one of our experienced bankruptcy attorneys today for more information on our asset planning services.

Post-Judgment Planning

At Kelley and Clements, our lawyers specialize in bankruptcy cases, and can provide much needed assistance with creditor judgments and post-judgment planning. In some cases a creditor might have a judgment entered in their favor against you but for one reason or another, you are unable to file for bankruptcy. Due to the complexity of creditor judgments, it is extremely important to prepare. We can guide you through the entire post-judgment planning process, and help you understand you rights. Contact us for an appointment to meet with one of our Gainesville bankruptcy attorneys today.

Debt Settlements

In situations where bankruptcy may be out of the question, creditors are often willing to settle debts for a percentage of what they are owed. In order to be successful, you need an experienced advocate on your side. We make sure that you get the best result and that the debt is paid for good. Contact us for an appointment to see if debt settlements might be a viable option.

Creditor Negotiation

In some cases, filing for bankruptcy might not be the best option. However, your creditors want to get paid, and they want to get paid now. In these cases, you need an advocate that can negotiate on your behalf and get you the best possible results. At Cummings and Kelley, our debt negotiation attorneys can help you find the right solution to your credit problems. If you are afraid of the effects filing for bankruptcy might have on your property or business, or if you’ve met with an attorney who told you that you had no options, contact us for an appointment. Our debt negotiation attorneys are ready to take on creditors, and resolve your financial disputes.

No Matter the Issue You’re Facing, We Can Help

We’ve helped many people facing problems just like yours. That doesn’t mean we treat it as just another day at the office. Your legal issues are very important to you, so they’re very important to us. Contact us today to see how we can help.