Dothan, Alabama
111 Adris Place
Dothan, AL 36303
(334) 673-0100

The Gil Law Firm: Debt Consolidation And Its Many Benefits September 10, 2015

Dothan, Houston
The Gil Law Firm: Debt Consolidation And Its Many Benefits, Dothan, Alabama

Whether you're facing chapter 7 bankruptcy or chapter 13 bankruptcy, having some type of debt consolidation system in play is almost always the quickest and most efficient way to get all those stressful and oppressive “IOUs” organized—all the better to get out of debt as soon as possible. Having a great attorney on your side can really help to expedite the process, and that's where The Gil Law Firm enters the picture. For years, Rafael Gil III has been seeing to it that his clients get all their financial ducks in a row while allowing them to hold onto their valued assets.

What is debt consolidation? According to consolidatedcredit.org, it's a process by which numerous debts are combined into one. Instead of making payments on several individual accounts every month, you simply make one payment per month—and that payment is calculated at the lowest interest rate available. Because that interest rateisso low, your debt doesn't get any bigger as long as you make your payments.

Those with good credit qualify for “do it yourself” debt options, while those with not-so-great credit will probably need to work out their arrangements through a debt management program or credit counseling. When you go through the Gil Law Firm, you'll be able to rest assured that any financial option you choose is bound to be one that's going to get you out of the IOU labyrinth with plenty of light left at the end of the tunnel.

To find out more, contact The Gil Law Firm at (334) 673-0100 or visit the firm online. A debt-free future is on the horizon, so reach out today!

Other Announcements, Events and Deals from The Gil Law Firm
Should You File Taxes Before Filing for Bankruptcy?, Dothan, Alabama
When people have accumulated so much debt that they can no longer afford the required payments, bankruptcy is sometimes the best solution. In Chapter 7—or liquidation—bankruptcy...read more
The Differences Between Priority & Nonpriority Debts in Bankruptcy, Dothan, Alabama
While bankruptcy provides a viable way out of overwhelming debt, the courts don't recognize all debts as equal. This results in some balances receiving a priority status while o...read more
FAQ About Qualifying Your Autistic Child for SSI Benefits, Dothan, Alabama
Raising a child with autism is a challenge in many ways, such as getting the financial help you need to cover the costs of caring for them. Applying for Supplemental Security Income&...read more
When Should You File a Bankruptcy Petition?, Dothan, Alabama
For many debtors, making the decision to declare bankruptcy is the easy part. Determining precisely when to commence the proceedings, on the other hand, often poses a challenge. Natu...read more
3 Types of Possible Damages in a Personal Injury Claim, Dothan, Alabama
Personal injury law protects you from the repercussions of other people’s careless actions. If another individual acts negligently—for instance, by driving drunk—and you are hurt as ...read more