Which Credit Problem Solution Is Best for You?

Everyday on television, we see ads targeted to consumers with credit problems. It might be a bankruptcy lawyer touting his ability to "save" your home.  Maybe its Paul Michael Glaser, of Starsky & Hutch fame, promoting credit counseling services.  Or you may have been watching cable late at night when a debt settlement company's ad comes on.

Bankruptcy, credit counseling and debt settlement are three main services directed toward people with credit problems.  Bankruptcy, credit counseling and debt settlement are what I refer to as the "Big Three" of consumer credit services.  But there is a fourth option -- consumer protection lawyers.  You probably will not see a TV ad from a consumer protection lawyers. Most consumer protection lawyers do not engage in mass marketing.  Yet every year, consumer protection lawyers help thousands of consumers solve their credit problems without using bankruptcy, credit counseling or debt settlement.

Bankruptcy, credit counseling and debt settlement can all provide value to consumers with credit problems. But before you decide to se one of these services, you should probably call a consumer protection lawyer first.  Many consumer lawyers are willing to provide you with an initial phone or e-mail consultation for free.  A knowledgeable and experienced consumer protection lawyer will be able to tell your about your consumer rights and whether you may have a claim for money damages against a predatory lender, debt collector or consumer reporting agency. A good consumer protection lawyer may also be able to provide you with foreclosure defense or defend you against a credit card company lawsuit.

If you have a credit problem or struggle with debt. Share your story with me.  If I can help you I will. If I cannot help you then I will refer you to a fellow consumer lawyer or consumer agency who can.  Take action today.  Learn about your consumer rights and options from a consumer protection lawyer before you decide to spend your hard earned money on bankruptcy, credit counseling or a debt settlement program.

Mark T. Lavery