Often, the primary reason clients consider bankruptcy is their credit card debt. With interest rates nearing 30%, it can feel as if you will never see an end to your credit card debt. Typically you have been paying on these cards for years before considering filing a bankruptcy; and finally it just comes down to paying the minimum payments or putting food on your table.
We can walk you through your debt resolution options to see if a Chapter 7, Chapter 13, or debt settlement is rich for you. Credit card companies can become harassing in their attempts to collect against you, threatening you with garnishments and even jail. Bankruptcy can also stop garnishments of wages and prevent future lawsuits and collection attempts by these credit card companies.