texas bankruptcy attorney : Only For The Inevitable

2008-04-23 16:17:17

( Insurance )



Do you live in texas and need an attorney? Maybe a houston lawyer or even a houston criminal defense attorney. On the other hand you might need a texas bankruptcy attorney.

But before settling for a texas bankruptcy attorney what measures can you take to avoid what may seem the inevitable – maybe it really isn't inevitable and you don’t have to seek a texas bankruptcy attorney after all.

Maybe you could get out of debt by refinancing your mortgage.

With mortgage rates so low, what better time to refinance your home at a lower rate. This can save you a significant amount of money during the life period of your mortgage loan. But be sure to refinance correctly or you could end up losing money and might need that texas bankruptcy attorney after all.

Pros and Cons for Mortgage Refinancing

Pros:
- combine the high interest of your credit card debt to the lower monthly payment and interest rate
- make one monthly payment which amortizes over a 30 year period
- tax deductible interest
- make improvements (buy a car etc) by removing equity from your house. Probably the interest is tax deductible.

Cons:
- the cost of refinancing can be included in the new loan
- the interest rate could be more than the existing rate.

Other debt management programs
Do your bills overwhelm you? Are you behind on your monthly payments? Only just getting by? How can you not only reduce your debt but also return to a better quality of life – avoiding filing for bankruptcy. Bankruptcy is not always a solution if you earn too much to qualify. So your alternative might be a debt management plan.

There is an online company which can help you start saving today
- eliminate over-limit charges
- reduce your bills by as much as half
- restore your good credit
- stop penalties and late fees
- stop collection calls.

In a couple of words – debt management.

Their specialists in debt relief will negotiate on your behalf for better interest rates with your creditors and calculate what you will save each month. While still paying back the full amount you owe – your late fees and penalties and interest rates are held in check.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.