Credit Card Debt Can Build Up Fast

The myth that high credit card debt is always the result of bad spending habits is false. Even the most diligent spender can be caught off guard by how fast credit card debt can build up. This is thanks in part to high interest rates and late fees.

Credit card debt is made worse by the reality that it is not always alone. People faced with credit card debt may also have medical debt, loan debt or another debt. Often, people dealing with job loss or other emergencies turn to their credit cards to pay for their day-to-day expenses, thinking it will only be temporary and they will pay off their credit card bill right away. Then they are hit with those unforgiving interest rates and late fees, and they find themselves in so far over their head that simply paying off the debt is not so easy.

Eradicating Credit Card Debt

If you are overwhelmed by credit card debt, the good news is that it is one of the easiest types of debt to eradicate. It is an unsecured debt, which means it is not secured by any type of collateral, like a car or a house. Bankruptcy is often an effective option.

At our law firm, Schwartz Bankruptcy Law Center, our attorneys recognize that dealing with credit card debt can be stressful. Watching the late fees tacked on and the interest pile up — knowing that you are doing everything you can to make ends meet — is frustrating. Our job is to help you move past this frustration by eliminating your credit card debt and helping you tackle any other types of debt you may be dealing with as well.

Experienced Representation And Individualized Support

Our lawyers build customized debt relief strategies. We want you to be well-informed and confident as you move forward to overcome your debt. The suggestions made by our lawyers are backed by more than 30 years of experience.

Are you interested in learning more about the debt relief solutions we provide, or would you like us to help you discharge your credit card debt in bankruptcy? Contact our firm and speak to one of our knowledgeable bankruptcy attorneys. To reach our Louisville, Kentucky, office, call 502-485-9200 or call 812-945-9200 to reach our New Albany, Indiana, office. You may also schedule a free initial consultation online.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.