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!