Jupiter Debt Management Lawyer

Developing Creative Solutions to Work Out Your Debts

If you need help settling your debts or are unsure about whether certain management plans are appropriate, Julianne Frank, Esq. will put her years of bankruptcy and debt litigation experience to use to analyze your situation. She has extensive knowledge about debt collections and strives to develop creative solutions to her clients’ unique financial crises. Attorney Frank will be an asset to your debt relief case, as she has saved many distressed businesses before and also has the necessary bankruptcy law experience to help you evaluate whether filing for bankruptcy may be an alternative option to debt settlement, if that is in your best financial interests.

  • Julianne Frank is a friend and a brilliant attorney.

    “Julianne Frank is a friend and a brilliant attorney.”

    - Johan K.


    - Karolina K.
  • Julianne is a pleasure in all ways, but more importantly, she is a true master of the law as to her specialty, Bankruptcy Law.

    “The case I referred to Julianne was complex and required considerable expertise.”

    - Cecil H.
  • I am not proud that I had to file chapter 11 for my business but I am grateful for Julianne Frank.

    “It was the smoothest process and Julianne has been doing this for 4 decades so she is the only choice when it comes to this matter.

    - Michael B.
  • She handled it professionally and did an excellent job all around.

    “. The future is bright and I am again able to look ahead to retirement. The decision to file was the right one for me.”

    - Paul R.

Debt Management Plans

If an individual faces an overwhelming amount of debt or inability to repay their debts, a credit counseling agency may recommend that they enroll in a debt management plan. In a debt management plan, the debtor deposits money each month with the credit counseling organization, which will use their deposits to pay the unsecured debts like credit card bills, student loans, and medical bills, according to a payment schedule the counselor develops with the person and their creditors. A successful debt management plan requires regular, timely payments and could take 48 months or longer to complete.

If a debt management plan is appropriate, it is best to sign up for one that allows all the creditors to be paid before the payment due dates and within the correct billing cycle. It is also important to clarify which debts will not be included in the debt management plan, because the person will have to pay those bills on their own.

Debt Consolidation Loans

If an individual’s debt load is larger than $10,000, they might qualify for a debt consolidation loan in Florida. These credit facilities are designed to pay off existing creditors and roll debts into an easy-to-understand loan. Instead of dealing with multiple banks and credit card companies, the debtor just has a single lender to pay off each month.

Be wary that even if a person is able to find a lender, the loan may be difficult to pay off. Many sub-prime debt consolidation loans come with interest rates of 15% or more and are thus more desirable for debtors with solid credit.

Nonetheless, debt consolidation in Florida could be worth investigating with a debt management attorney as a potential relief option. Debt consolidation may simplify the debt repayment process, and if a reasonable interest rate is secured, could make the debt resolution far less stressful. Note that most consolidation loans require collateral, e.g., a high-value asset such as a home or a car, that the debtor will need to put up to receive the loan.

A secured loan can help a person get a lower interest rate (which means they will pay less over time), but if they do fall behind or can’t make their payments, they will be in danger of losing their leveraged asset; that is, their house could be foreclosed on or their car seized. An unsecured loan is harder to come by and usually carries higher interest rates because the lending company doesn’t have any guarantee that a person will repay the entire loan, but an unsecured loan could help simplify the repayment process. However, it is also likely such a loan could lead to a greater amount of debt in the long run. It is best to discuss with an experienced debt relief attorney to determine which option is best for an individual’s unique circumstances, taking into account their past and future financial status.

Call (561) 220-2528 or contact her firm online to learn more about how she can help you manage your debts.

Debt Negotiation Plans

Alternatively, debt settlement, also known as debt arbitration or debt negotiation, is also an option for debt relief. Debt settlement is often a prime alternative to bankruptcy, as it can resolve a person’s debt problems without filing bankruptcy.

After enrolling in a debt settlement program in Florida, the debtor will stop paying their existing creditors and instead use their savings to establish an escrow account, which will be used to make a final lump-sum payment. Note that debt negotiation is not the same as credit counseling or a debt management plan, and it can be risky and impact a person’s credit score. In fact, many other states have laws in place regulating debt negotiation companies and the services they offer, so it is best to discuss this option with an attorney before moving forward.

Seek an Experienced Debt Relief Attorney

If you are facing debt-related issues and are worried about how to recover, consult an experienced debt management attorney as soon as possible. One of the most important things to do in any case of debt is to figure out a way to pay off the amount owed. Julianne Frank, Esq. has extensive experience with debt management for distressed individuals and businesses facing financial crises, and she can walk you through your debt payout options, from state management plans to consolidation loans.

For more information, call Julianne Frank, Esq. at (561) 220-2528 or contact her online here.

What Makes Julianne Frank Different

  • Honesty & Transparency
  • Tailored Solutions for Each Client
  • Client-Focused Representation
  • Over Three Decades of Experience
Start Your Journey Discuss Your Case with a Seasoned Attorney Today

Julianne Frank Esq. is a skilled and experienced attorney that takes on the most difficult of cases and wins. If you believe you have a case only Julianne can resolve, get in touch today.