Can I Resolve My Debt Without Filing for Bankruptcy?

In certain cases, bankruptcy may not be the best fit for you. As a client of Prescott Pearson & Tande, PA, you can count on our lawyers to counsel you through your debt struggles and help you find the solution that works best for you.

In some cases that may mean our attorneys will be handling a debt settlement on your behalf. If you come to our Minneapolis area law office for a free consultation, we will learn all the details of your situation and help you plot a path utilizing alternatives to bankruptcy that can also help you achieve a fresh financial start.

How Can I Get Rid of My Debt Outside of Bankruptcy?

For some people who are struggling with debt, it is not a matter of owing several creditors. It may be a second mortgage on your house that is keeping you tens of thousands of dollars in debt. If that is the case, it may be to your benefit to look for debt relief alternatives to bankruptcy.

Our law firm may be able to help you do a cash settlement that allows you to put your debt behind you and move on with your life. For example, it could mean paying $5,000 up front to settle a $50,000 debt on a second mortgage. In some cases, your creditor may prefer this because they will be able to recover some money versus if you filed for bankruptcy.

Instead of putting your trust in so-called "credit management" companies that charge excessive fees, put your trust in lawyers who have been serving Minnesota consumers since 1951. They are experienced negotiators who can work with your creditors to find a solution that satisfies all parties.

"This Is All We Do, and We Do It Well."

Call for a Free Consultation Today

  • Minneapolis-St. Paul Area: 651-968-8096
  • Minnesota Toll Free: 888-366-0827

Instead of struggling with a debt for years that you may not be able to pay off, we can explore all options to help you get a clean slate. If you would like to talk with an attorney at Prescott Pearson & Tande, PA, you can contact us online or call us to schedule a free consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.