Fisher Legal Group



Bankruptcy was specifically designed to be a way out for individuals and businesses that are unable to repay their debts. Although bankruptcy is often the best way to eliminate overwhelming debt, there are also many occasions where an alternative option is more beneficial. Fisher Legal Group understands the detailed bankruptcy process and the numerous alternatives to bankruptcy. We can help you determine which option is right for you!

Debt Negotiation
Your bank is probably a lot more hesitant to foreclose on your home than you might think. In many cases, a consumer can avoid bankruptcy by simply negotiating with their lender. A skilled bankruptcy lawyer can work with your lender on your behalf to work out a more affordable payment plan so that your monthly payments are lower and you are able to catch up on your overdue debts.

Debt Settlement
Some payment is better than none at all, which is why your lender may agree to settle your debt if you can convince them that you are unable to repay your debt in full. Debt settlement occurs when your lender accepts a lump sum that is less the principal amount that you owe, but considers that lump sum as full repayment. The remaining balance is discharged and you no longer owe the debt.

Loan Modifications
By negotiating with your lender, you may be able to obtain a loan modification that alters your payment plan so that you can afford your monthly payments. The interest could be reduced or eliminated, the term could be extended, or the principal amount could be reduced. A combination of two or more modifications could also be applied. Each of these modifications will lower the amount that you owe each month, making it easier for you to make your payments and catch up on your debts.

Short Sales
If you have decided that you are unable to pay your home loan, you may be able to negotiate a short sale with your lender. In a short sale, your lender will sell your home and consider the profit to be full repayment of your mortgage, even though the sale made less than what you owe.


Fisher Legal Group is skilled in bankruptcy law and can provide the counsel that you need. Bankruptcy is a complex process and its alternatives are not simple, either. An Orlando bankruptcy lawyer can negotiate with your lender to help you avoid bankruptcy when it is more beneficial, or we can guide you through the bankruptcy process to eliminate your debt. Our firm is dedicated to providing outstanding customer service as well as aggressive representation and an excellent quality of work. Contact us today for more information!

Fisher Legal Group

Get your questions answered - Call for a free consultation or assessment of your needs (407) 792-6970.