Unsecured and Secured Debts

Do you feel inundated with unsecured and secured debts? You do not have to feel trapped dealing with unmanageable debts for the rest of your life. At The Law Offices of Kassab Arabo, PLLC, in West Bloomfield, Michigan , we have more than a decade of experience helping clients regain control of their financial situation. We can help you avoid bankruptcy and secure the fresh start you deserve without putting you at risk.

HELPING YOU GAIN A RELIEF FROM SECURED AND UNSECURED DEBTS

Our founding attorney Alivia Kassab Arabo has extensive experience working with clients facing similar financial constraints. Whether you are dealing with credit card debts, unmanageable medical expenses or debt from a failed business, options are available to help you get back on your feet. Contact Ms. Arabo to learn how you can make possible without filing for bankruptcy.

DIFFERENCE BETWEEN SECURED AND UNSECURED DEBTS

To you, there may be no difference between the types of debts you are dealing with — all of your debts may be just as burdening. However, creditors define debts as secured or unsecured debts. If you have secured debt, this means the debt is attached to something like a home or a car. The asset serves as collateral for the money you owe lenders and can be seized if you become delinquent in paying back the loan.

On the other hand, if you have unsecured debts, the money is not liked to a specific asset. Creditors often work with bill collectors or file lawsuits to try collecting money owed to them from unsecured debts. During a free initial consultation, our debt relief lawyer can help you understand the types of debts you have been inundated with, such as:

Secured debts

  • Mortgage debt
  • Car loan
  • Boat loan
  • Failed business debt

Unsecured debts

SELECT AN EXPERIENCED DEBT RELIEF LAWYER

If you are feeling overwhelmed from unmanageable levels of debt, options are available to help you get a fresh start. We can help you do this without filing for bankruptcy. Before focusing on debt relief, attorney Alivia Kassab Arabo provided in-house legal counsel to LaSalle Bank/Bank of America. She knows how to break through the bureaucratic walls in the banking industry so deals can be negotiated in her clients’ best interests.

Based on her experience, she effectively negotiates workable resolutions for clients inundated with secured and unsecured debts. She can help you get the remaining balance wiped away or negotiate for the principle to be reduced. Ms. Arabo has a strong background representing clients who initially worked with a debt settlement company that proved to be unsuccessful. She understands the pitfalls of relying on a debt settlement company without legal representation. With her help, she can negotiate a fair resolution without dealing with the negative ramifications of bankruptcy.

CONTACT AN OAKLAND COUNTY SECURED DEBT LAWYER WORKING FOR YOU

Whether you are feeling trapped from secured or unsecured debts, options are available to help you regain control of your financial situation. Contact The Law Offices of Kassab Arabo, PLLC, online or call 248-702-5956. We offer free initial office consultations to help you understand how you can climb out of debt without filing for Chapter 7 or Chapter 13 bankruptcy. Our office hours are 8 a.m. to 5 p.m. Monday through Friday. Evenings and weekend appointments are available.