Southeast Iowa Debt Relief Attorneys
Many of our clients come to us feeling the strain of unmanageable debt – whether from high medical bills, disability, long-term unemployment, rocky business investments, and so on – and are simply trying to find a way to restart their financial lives but are unsure what strategies are available. They may think filing bankruptcy is the only option, and while we have helped many Iowans regain their financial freedom through the bankruptcy process, there are numerous other strategies we regularly employ to help our clients get back on their feet again. At the Noyes Law Office in Fairfield, our Southeast Iowa debt relief attorneys are dedicated to finding the best debt relief option for you and your family, and we have the experience, skills, and dedication to get you back on the road to freedom from your financial burdens.
Do I Have to Go to Court to Obtain Relief for my Debts?
The simple answer is no. Filing a bankruptcy petition in court may indeed be your best option – whether in a Chapter 7 action discharging your debts or a Chapter 13 action reorganizing and reducing your debts – but for some clients, settling their debts outside of court may be preferable. At the Noyes Law Office, we can contact your creditors directly and discuss payment plans and settlements of past debts. We have 20 years of experience in dealing with creditors and will work to put an end to collection efforts and wage garnishments and find positive resolutions without going to court.
Can I Renegotiate or Refinance My Bank Loans Outside of Bankruptcy?
Definitely. Banks are interested in keeping their clients and in avoiding the costs of litigation or having their loans extinguished through bankruptcy, so they are generally open to renegotiating or refinancing their loan agreements with you if it appears you will follow through with an adjusted payment plan. We have years of experience of working with loan officers and workout specialists at lending institutions, and we have the know-how to get favorable debt relief for you and your family outside of the bankruptcy process.
My House is Being Foreclosed On – Is there Anything I Can Do?
If you are facing a foreclosure in Iowa, you have a number of options to prevent the loss of your home. You may be able to redeem the home by working out an alternative payment plan on your mortgage with your lender. You may also be able to reinstate the mortgage prior to the foreclosure and negotiate new payment terms. You may also be able to negotiate alternative arrangements for any deficiency judgment you might owe after a foreclosure, and thus potentially extinguish your liability without bankruptcy. We can walk you through the various options available to you, but in most cases, you are under strict time constraints due to the swift nature of the foreclosure process, and thus you are advised to contact us immediately to begin examining your options.
Will Undertaking a Debt Relief Option Hurt My Credit Score?
Many factors affect your credit score, and your credit score constantly fluctuates over time. It is possible that some debt relief options will have a temporary effect on your credit score, but we are committed to helping you rehabilitate your credit score regardless of what debt relief options you undertake. Through our associated program “7 Steps to 720,” we will provide you tools that will assist in hopefully getting your credit score back up to 720 or higher.
Contact the Noyes Law Office Today to Get Back on the Road to Freedom
To begin the process of discussing your debt relief options, call the Noyes Law Office today at 641-472-3236 or 800-875-7148 to schedule a free consultation. Contact our experienced Southeast Iowa debt relief attorneys today.