Bankruptcy Attorney
Bankruptcy Lawyer Attorney Profiles Common Questions Bankruptcy Evaluation Office Locations

No Money Down on Chapter 13 Cases
For Qualified Wage Earners!
Chapter 7 Bankruptcy from $850

Phone and Video Consultations
Available Today!

Information Center
Asset Protection
Bankruptcy Overview
Business Bankruptcy
Chapter 13
Chapter 11
Chapter 7
Creditor Harassment & Abuse
Debt Relief Options
Eliminating 2nd Mortgages
Fighting Foreclosure
Means Test
Rebuild Credit
Taxes & Bankruptcy
Bankruptcy Alternatives
Bankruptcy Exemptions
Bankruptcy Myths
Bankruptcy Process
Bankruptcy Time Line
Benefits of Bankruptcy
Chapter 7 vs. Chapter 13
Filing for Bankruptcy
Is Bankruptcy Right for Me?
Life After Bankruptcy
Why Hire a Bankruptcy Attorney
Will I Lose Anything?
Read our blog

Debt Consolidation Can Address Late Payments

Do you have piles of bills and late payments? If so, you should consider debt consolidation. It is a valid way to work on paying off your debts, on a schedule that you can afford.

When you decide to consolidate your debts, the company that you use will essentially take off one loan against your debts to pay them all off. Depending on what company you work with, you can even get your loan reduced, making your overall debts smaller and more manageable. This happens when the consolidator is able to buy your debt at a reduced price, after which you would make all your payments to that company instead of the original company.

Those that have credit card debts find debt consolidation a reliable way to manage all of your debts through one company. Debtors who are behind on their mortgage or car payments may be able to get a secured loan through which they can pay off their debts over a longer period of time.

Have questions about debt consolidation? Contact us to meet with a Chicago bankruptcy lawyer.

Categories: Debt Relief


No Comments Posted
Free Bankruptcy Evaluation
Eliminate Debt & Bills
123 W. Madison Street, Suite 205; Chicago, IL 60602
Attorney Web Design
The information on this website is for general information purposes only. Nothing on should be taken as legal advice for any individual case or situation.

Main Office: 123 W. Madison Street, Suite 205 Chicago, IL 60602
Phone Number: (312) 427-3100