Lazard & Associates Inc

Personal Loan Debt Solutions

A personal loan is a sum of money that you can borrow for a number of things. For instance, you may utilise a personal loan to pay off debt, finance home improvements, or finance your ideal wedding. Banks, credit unions, and online lenders all provide personal loans. You have to pay back the borrowed funds over time, usually with interest and loan fees.

Usually, in order to be in default, you must have missed several months’ worth of payments. Personal loan default is significant because it harms your credit. Not only will your credit score suffer greatly, but you’ll probably have a hard time getting fresh credit for years. Even if you can get fresh credit, it’s likely that you won’t be able to lock in a good interest rate.

There isn’t a single penalty that applies to all cases of personal loan default. Whether a personal loan is secured or unsecured affects the precise repercussions of defaulting on it. If you default on a personal loan that is secured, which means it is backed by some sort of property like a car, the secured property may be taken. The borrower may be subject to wage garnishment if the personal loan is unsecured. If you have taken a personal loan and are concerned by your ability to pay back or you have defaulted on payment, contact us today for a free consultation.

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Our Industry Experience

Why Choose Us?

It can be quite difficult to trust someone with your finances, but when it comes to personal bankruptcy, there’s no one you can trust more than Lazard & Associates. We help you reestablish your credit, pay of your debt and avoid bankruptcy through consumer proposals.
  • We have more than 20 years of experience.
  • Our associates are licensed, experienced and trusted in the community.
  • We reduce your stress by making decisions to relieve you of debt.

Lazard & Associates Inc

What Our Satisfied Clients Say About Us

Very Professional, Very Understanding and Above All Very Kind Hearted Team! First time I went there I felt like a complete Loser to say the least!!! After discussing in details with Happy-go-Lucky Louise I felt 90% of my anxiety immediately gone! No word of a lie I smiled and laughed all the way home!!”

– Satisfied Client

I found Lazard and Associates to be professional and caring. After getting myself into some serious trouble, I am back on track with their help. Avoiding Bankruptcy and doing a proposal has been very helpful in reestablishing my credit quickly. I have recommended them to friends and family and happy to see that it isn't a cookie cutter approach. They take the time to do what's best for the client.”

– Satisfied Client