Alternatives to Bankruptcy

Updated: Mar 31

Many people hesitate too long to to file for bankruptcy, often draining retirement savings or taking out new mortgages on their homes to pay off debt that could easily be treated in a bankruptcy case. Before you make any major decisions about your finances, it's always a good idea to speak to an attorney regarding your options.


Are there any alternatives to bankruptcy? There are many “alternatives” to bankruptcy that are advertised, such as debt consolidation, debt settlement, and credit counseling. The reality is that many of these companies are scams and even if they are legitimate, have very low success rates. I meet with many clients who have tried these options, only to lose more money and time than just filing a bankruptcy case in the first place. If you are considering using one of these companies, it’s always a good idea to do an internet Google search with the name of the company and the word “scam” to see what pops up. Also check with the Better Business Bureau for any complaints.


These companies also often neglect to tell you that they offer no real legal protection from creditors and often most of them don’t even have any actual attorneys on staff.


Bankruptcy is nothing to be afraid of and most people lose nothing by filing, meet with a bankruptcy attorney first to find out your bankruptcy options! Call us for a free bankruptcy consultation: 269-381-4471


Attorney Allison Greenlee Korr handles cases in Kalamazoo, Battle Creek and all surrounding counties, call today for a consultation.269-381-4471


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

269-381-4471

121 W Cedar Street

Kalamazoo, MI 49007

All information provided on this site should not be construed as legal advice.   Always meet with an attorney to find out your legal options.

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