Alternatives to Bankruptcy in Southfield

Innovative Strategies for Overcoming Financial Challenges

When financial problems arise, many people's first thought is to suggest filing for bankruptcy. While bankruptcy is often an excellent solution for individuals and families in debt, it is not the only one. At Goldstein Bershad and Fried, PC, we havemore than 100 years of combined experience and we are highly knowledgeable about the alternatives to bankruptcy. If you are seeking relief from debt, we can help you understand and explore your options.

Learn About the Alternatives to Bankruptcy

Before we can begin any type of legal procedure to help you seek a new financial start, we must go over your personal circumstances. Every financial situation is different and we work on a case by case basis. We are extremely focused on our clients and ensuring you understand not only what your options are but able to make an informed decision on your own behalf. Our priority is to understand exactly what you hope to achieve and take your goals into consideration.

A few examples of the alternatives to bankruptcy include:

• Out-of-court settlements
• Litigation
• Payment plans

Whether or not you qualify for bankruptcy, we are here to assess your situation in full. We will not push you to file for bankruptcy if you do not feel that this is the best option. Instead, we will make a recommendation as to what type of financial plan may allow you to eliminate or reduce your debt, depending on the details of your exact situation.