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  • Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
    --Donna
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
    --David
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
    --Anonymous
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
    --Anonymous
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
    --Joanna
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.
    --Danielle

Debt Consolidation Vs. Bankruptcy

There is a lot of confusion out there about debt consolidation. Namely, a lot of people take what debt consolidation companies say at face value and get sucked into paying more than they would have if they had just paid back their original debt or filed bankruptcy.

What Is Debt Consolidation?

Debt consolidation refers to lumping all your unsecured debt into one combined loan. The simplicity of a single loan and the promise of lower interest rates can be very appealing when your drowning in a sea of dividends from a variety of creditors. Unfortunately, debt consolidation companies rarely live up to their sales pitch. Consolidation companies often use your financial history and credit score to determine you interest rate. So, you might get your interest peaked with an offer of a 10% interest rate, and then get hooked on a 12% plan. If you qualify for a good interest rate, it’s not uncommon for your rate to rise after a period of time. It gets even worse. Even if you end up getting a good interest rate and the company honors it in the long-term, you will still likely end up paying more than you would with your original loan. While the consolidated interest rate may be lower than your original loan, debt consolidation companies will drag out your payments. This means you’re paying less per month but are paying more in the long-run. It’s no surprise that debt consolidation companies rank as the top consumer complaint received by the Federal Trade Commission.

What Are My Alternatives?

Bankruptcy is a great alternative to debt consolidation. Bankruptcy is usually much less expensive than paying off debt. A Chapter 7 will completely eliminate your unsecure debt, and a Chapter 13 reduces the debt for which you’re liable to a percentage of your total debt and discharges any interest you owe. Feel free to contact our Modesto bankruptcy office if your interested in bankruptcy. We’ve helped hundreds of clients in the Modesto area.

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