What should I do if I cannot make the payments required by debt relief law?

If you cannot make the payments required by debt relief law in New York, you should contact the creditor or lender to discuss your situation. Explain why you are having difficulty making the payments, and explain how you plan to repay the debt in the future. Be sure to mention any steps that you have already taken to make payments. Your creditor may be willing to work out a new payment plan that is more manageable for you. This could involve reducing the amount of each payment, making payments more often, extending the amount of time for repayment, or allowing more time between payments. If you are unable to work out a payment plan with the creditor, you may want to consider seeking professional legal advice. A lawyer experienced in debt relief law can help you evaluate your options and determine if filing for bankruptcy is necessary. Filing for bankruptcy is a serious decision, so it is important to have all the facts and information before making a decision. Bankruptcy is a legal process that provides debtors with a fresh start by having some or all of their debt forgiven. A lawyer can provide you with more information on the bankruptcy process. No matter which option you choose, be sure to reach out for help so that you can get back on track financially.

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What should I do if I cannot make the payments required by debt relief law?

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