Gwinnett County Debt Settlement Attorney

An Alternative to Bankruptcy

Bankruptcy is not for everyone. For certain individuals, negotiating with creditors may be a better alternative to dealing with overwhelming amounts of debt.

At the law office of George R. Belche, we help clients explore all of their debt relief options — which may or may not include bankruptcy. To find out more about your individual options — and to determine if a debt settlement plan is an appropriate option for you — contact our law office in Lawrenceville today.

Negotiating With Creditors

A debt settlement plan involves negotiations between a creditor and an attorney to determine a mutually agreed-upon repayment plan. People with an excessive amount of debt may find that a debt settlement plan is preferable to Chapter 7 or Chapter 13 bankruptcy. It may be an appropriate option for people:

  • Who have filed Chapter 7 bankruptcy once in the past eight years
  • Who have filed Chapter 13 bankruptcy once in the past two years
  • Who could afford to pay bills if interest rates were reduced or if slight modifications were made.
  • Who wish to avoid bankruptcy altogether.

Many people are surprised to find out how willing creditors are to negotiate. When it comes to down to the option between losing money and getting a portion of it back, creditors are often willing to cooperate.

It is important for any individual considering negotiating with a creditor to seek legal advice. An attorney may be able to negotiate a better payment plan. George R. Belche, Attorney at Law has more than 15 years of experience counseling individuals dealing with overwhelming amounts of debt.


To find out how a debt settlement plan may help to make monthly payments more affordable, discharge debt, and help you avoid bankruptcy, contact us.

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