In addition to the physical impact COVID-19, or the coronavirus has had on many Georgia residents, its impact on the economy has also been astronomical. If you have been affected by the pandemic, and you are worried about how you are going to meet your financial obligations, you need the judgment-free guidance Freeman Law Firm can provide. Our attorney, Cheryl Freeman, can review your financial situation with you, and together we can determine the best way forward.

Filing for Bankruptcy

One option for debt relief is to file Chapter 7 or Chapter 13 bankruptcy. Filing for bankruptcy will stop creditor calls, garnishments, foreclosures, and repossessions. After a complete assessment of your financial situation, we will determine if filing for bankruptcy is in your best interest.

Debt Settlement

Another option for debt relief is debt settlement. After a complete assessment of your assets and liabilities, our firm can contact your debtors and negotiate a settlement on your behalf. This may include lowering your monthly payment amount, decreasing the principle amount owed, or obtaining a lower interest rate.

Why You Need An Attorney

We’ve all seen and heard the advertisements for debt consolidation and relief companies. They promise to help you get out of debt fast for low monthly payments or to have your debt forgiven altogether. While these companies may be able to assist in some circumstances, what they fail to mention is that they are not attorneys and cannot provide the assistance that a licensed attorney can. The following are reasons why having a licensed attorney assist you is much more advantageous.

• Lawyers are held to a high code of ethics that non-lawyers are not
• Lawyers are trained negotiators
• Many creditors will not negotiate with debt consolidation and relief company
• You know where your lawyer is and can see them face-to-face; with debt consolidation and relief companies you often only have a phone number
• Debt consolidation and relief companies are required to reach a settlement before they can collect a fee from you, which encourages them to take any settlement offered so they can collect their fee as quickly and easily as possible

Let Us Help You Find Peace Of Mind

If you have taken a financial hit due to the pandemic, our firm can help you determine your best path to debt relief. Contact us today. The initial consultation is free.