What should I do if I am unable to make the payments required by debt relief law?
If you are unable to make the payments required by debt relief law in California, the first thing you should do is contact your creditors and explain your situation. Be sure to provide proof of your financial hardship, such as pay stubs, bank statements, and other documents that demonstrate your current lack of ability to make payments. You could also contact a non-profit credit counseling agency to assess your situation and offer advice. You should also know that filing for bankruptcy may be a solution. Bankruptcy legally protects you from creditors while you attempt to restructure your debt owed. It also allows you to make affordable payments that you can manage. If you’re considering bankruptcy, you should contact an attorney or a debt relief service to better understand your options. It’s important to remember that debt relief is not meant to be taken lightly. You should always be prepared for the outcome and have a plan for dealing with any financial difficulties. If you are looking for help, you should reach out to your local legal aid service or a financial consultant to discuss your options.
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