Bankruptcy can help end credit card debt
When cash is short and the need is immediate, credit card debt can pile up quickly – way beyond what was originally spent. When the credit card debt isn’t paid at the end of the month, interest is added. If a payment is missed – even by a day – fees are added to the total.
- Credit card debt can easily reach amounts where only the minimum payment is made – and making minimum payments will not pay off the debt for years, perhaps decades.
- We have helped seniors who used credit cards for needed medicines and then found themselves unable to pay and harassed by creditors.
- We have represented families hit with catastrophic emergencies that cut into their ability to make even minimum payments on their credit cards.
How can bankruptcy help with credit card debt?
- First, it can stop creditor phone calls.
- Second, it can discharge the debt leaving you debt free (Chapter 7) or reorganize your debt giving you lower payments you can afford (Chapter 13).
- Third, you can have a fresh start, free of debt and free of harassment.
WARNING: There is no federal oversight of debt consolidation companies, and credit card companies are not bound by your agreement with a debt consolidation company.
Call 1-877-ONE-DEBT and find out how you can be free of credit card debt.
Your initial consultation at Bond & Botes is FREE. You will talk with an experienced bankruptcy attorney who lives and works in your community, and who cares about your future.