Can I use debt relief law if I am current on my payments?

Yes, you can use debt relief law if you are current on your payments in New York. Debt relief law, also known as consumer protection law, is in place to help people who have difficulty paying their debts. It helps provide consumers with protection from creditors who may be attempting to collect payments they do not legally owe. This law also helps people in New York who are struggling to manage their debt payments by allowing them to reduce and/or restructure their payments, which could free up more money for them to use to cover other expenses. Under debt relief law, you may be able to have your debt reduced, your monthly debt payments made more manageable, or even have a debt completely wiped out in some cases. To benefit from this law, you must be able to prove that you are experiencing financial hardship. You must also be current on your payments or have a history of regularly paying off your debts. For those who are current on their payments but are struggling to make their debt payments, debt relief law provides a way for them to reduce their payments or restructure their debt. This can help free up monthly funds to cover other expenses, such as food, medical care, or transportation. By taking advantage of debt relief laws, you can manage your debts and get back on the path of financial stability.

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Can I use debt relief law if I am current on my payments?

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