Understanding The Alternatives To Bankruptcy

Bankruptcy helps many people, but it is not the only option. The right solution for you will depend on your circumstances. At Miller & Miller Law, LLC, in Milwaukee, we help our clients explore all of their alternatives. We want you to understand the choices available to you so you can make a choice that is right for you.

What Is Debt Settlement?

Debt settlement simply refers to a workout between creditors and debtors to pay off debt within a specific amount of time.

One of the challenges of debt settlement is related to the number of creditors you owe. Debt settlement is an all-or-nothing undertaking: If you owe numerous creditors, you have to be able to settle with all of them. Being able to only settle with one or two creditors will not resolve your financial situation adequately.

Chapter 128 Reorganization

In Wisconsin, people have the option of entering into a court-protected repayment plan known as Chapter 128 reorganization. Chapter 128 is not bankruptcy, but it offers some of the same protections as bankruptcy. Learn more about how Chapter 128 reorganization can help you.

Mortgage Modification

If your primary debt is a mortgage, then a mortgage modification plan may be a strong alternative to bankruptcy. Find out how a mortgage modification can help you.

Speaking with the attorneys of Miller & Miller Law, LLC, can help you gain a clear picture of your alternatives to filing bankruptcy and even help stop collection actions.

Discover the difference having a local attorney can make in handling your bankruptcy and debt relief issues. Contact Miller & Miller Law, LLC, today to schedule a free initial consultation to discuss your alternatives to bankruptcy filing. Our family looks forward to helping your family. Call us at 414-326-9231.

Based in Milwaukee with offices in Madison and Kenosha, we proudly serve all of Wisconsin.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.