In Part 2, Attorney David Krekeler describes how the Krekeler Strother, S.C. team can help you choose your tool.

Clients sometimes refer to me as a bankruptcy lawyer. I quickly point out that I am not a bankruptcy lawyer.

They often look at me quizzically and ask, “You’re not?” Their surprise is understandable, because the person who referred them probably told them they should be considering bankruptcy.

As I noted in my last post, bankruptcy is a tool, and not a goal in and of itself. If bankruptcy were the only tool I had, I would certainly be a bankruptcy lawyer.

But that would not lead to best results for many of my clients. Remember the old adage that “if the only tool you have is a hammer, everything looks like a nail.”

I am glad that we have other ways of dealing with financial issues. Sometimes we institute payment plans. Other times we negotiate debt settlements, or workouts to keep businesses and farms in business. At other times we file state court amortization proceedings. Occasionally, we even sue creditors for violation of collection laws, resulting in elimination of debt and the creditor owing our client money.

The choice of tool will depend on the facts of each case. It will depend on the true goals of the client as well.

I am glad that I am not a bankruptcy lawyer and I am proud that I am a problem solver.