What if my creditors refuse to negotiate with debt relief law?

If your creditors refuse to negotiate with debt relief law, you may still have other options. In New York, if you are struggling to pay your debt, you may want to consider seeking out a consumer credit counselor. Consumer credit counselors provide advice and guidance to help you manage your finances, as well as negotiate with creditors to help you reduce your monthly payments or erase certain debts. You may also want to consider filing for bankruptcy, which is a legal process that allows you to erase some or all of your debt. In New York, if you file for bankruptcy, your creditors must stop almost all collection actions taken against you. This includes calling, sending letters, taking money from your accounts or garnishing your wages. If you are still struggling to pay your debt, you may also want to consider filing a consumer proposal. A consumer proposal is a legal agreement between you and your creditors where you pay back a portion of your debt over a period of time. This can help reduce the total amount you owe and make it easier for you to manage your payments. Regardless of the direction you take, it is important to understand the risks and rewards of each option. Doing your research can help you make the best decision for your particular situation.

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What if my creditors refuse to negotiate with debt relief law?

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