Getting Credit Card Debt Under Control
Credit card debt is one of the most difficult debts to repay due to the high interest rate usually charged on these type accounts. The minimum payment suggested by the credit card companies usually just keeps the debt going without doing much to repay the balance. While credit cards are certainly profitable for the companies that offer them, they create a system that can easily get out of control. If you find yourself in this trap, filing a bankruptcy action may be the best way to help you get out of this bad situation.
Both Chapter 7 and Chapter 13 can help you get the situation under control. Chapter 7 allows you to discharge out the credit card debt and Chapter 13 allows you to repay the credit cards to the extent your current income and expenses allow you to do so. Which one is best for you can be determined by an experienced bankruptcy attorney. Bankruptcy attorney Gregory Harris has helped Arkansans get out of credit card debt for over 25 years. Contact us at the Harris Law Firm—call 501-372-6985 or set an appointment online.
Filing Bankruptcy Helps You Gain Control
When credit card or medical debts go unpaid, legal actions almost always occur one way or the other. By filing a bankruptcy action, you file a legal action first that puts the law on your side and allows you to regain control of your finances. It allows you to control your finances in an orderly and predictable manner that protects you from disruptions like lawsuits and garnishments. It helps put you back on track so you never get in this situation again.
Let Us Show You How We Can Help
We offer free consultation in order for you to make an informed decision as to whether bankruptcy is right for you. There is never a fee unless you decide to file. Contact us at the Harris Law Firm—call 501-372-6985 or set an appointment online. If you do have any creditors that have been especially rude or relentless, we will call them directly and make sure they leave you alone. We will help you regain your peace of mind.
It only take one unexpected illness to create real financial problems. Even people who think they have good insurance can be shocked at how quickly medical bills pile up that are not fully covered by insurance.
Both Chapter 7 and Chapter 13 can help you get the situation under control. Chapter 7 allows you to discharge out the medical debts and Chapter 13 allows you repay the bills to the extent your current income and expenses allow you to do so. Which one is best for you as far as medical debts can be determined by an experienced bankruptcy attorney.