Credit Card Debt Attorney
One of the most common reasons for filing bankruptcy is to get rid of credit card debt. Whether you had to rely on credit cards to make ends meet because of job loss or unexpected expenses, or if you made too many large purchases, you are not alone in having unmanageable levels of credit card debt. Fortunately, an experienced attorney can help you get things back under control.
At the Law Office of Paul L. Urich, P.A., we have helped thousands of people get out from under the burden of credit card debt. We understand the crippling effect that massive credit card debt can have on your life. It is our job to help you counter that effect and get a fresh financial start.
Solving Credit Card Debt Problems
There is a lot of misinformation being spread about the new bankruptcy laws. Many credit card companies will tell debtors that credit card bills can no longer be discharged. This is simply not true. Most people with significant credit card debt can still obtain relief by filing bankruptcy.
- Chapter 7 bankruptcy: If you qualify, Chapter 7 allows you to discharge credit card debt. In other words, your credit card bills will be completely wiped out and you will not have to pay one cent to the credit card companies.
- Chapter 13 bankruptcy: Credit card debt is treated as unsecured debt, which means that you will have to pay a percentage of it. This percentage will be determined by how much you can afford to pay, and will usually be a small amount. Chapter 13 bankruptcy is a debt repayment plan that consolidates your unsecured debts, reduces the interest rates to 0 percent and gives you a manageable monthly payment amount.
Avoiding Fraud Accusations
You are not allowed to make any charges on your credit card within 90 days of filing for bankruptcy. If you do, you may be disqualified from getting bankruptcy protection. When you come to us, we will analyze your history of credit card usage to find any potential problems. If there are substantial charges, we may recommend waiting to file bankruptcy for a few months to avoid complications down the road.
Contact Us For A Free Consultation
We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.