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Resolving Debts Outside Of Bankruptcy Court

When a personal or business debt is unmanageable, but you would prefer to avoid bankruptcy, the debt can be resolved through any of a number of other options. This may be referred to as “informal insolvency,” through a workout, negotiation or other arrangements.

Feinman Law Offices provides a number of debt relief services that fall within this category, including, but not limited to:

  • Debt workouts
  • State law insolvency in the form of assignments for the benefit of creditors or trust mortgages
  • Transaction planning
  • Asset protection planning

In informal insolvency, your attorney’s goal is always the protection of your interests where insolvency is in existence or anticipated.

Contact Feinman Law Offices Today To Discuss Alternatives To Bankruptcy

Contact a lawyer at Feinman Law Offices today to discuss informal insolvency and how it might apply to your situation. From offices in Andover, the firm serves clients in northeastern Massachusetts and southern New Hampshire, including areas such as Lawrence, Lowell and Haverhill.

If you are an individual with primarily household or consumer debts, pursuant to the provisions of 11 U.S.C. §528(a)(4) of the Bankruptcy Code, as amended, you should be advised that this office may be considered to be a “debt relief agency” in that this office provides assistance to individuals to file bankruptcy to seek relief pursuant to the provisions of the Bankruptcy Code.