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We practice CONSUMER BANKRUPTCY
law exclusively. 407-982-3763

We practice CONSUMER BANKRUPTCY law exclusively. 

One of the top Bankruptcy Filers

in the Orlando Area

One of the top Bankruptcy Filers

in the Orlando Area

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  4.  » What are your options if unable to manage your credit card bills?

When you find yourself in a position in which you are unable to effectively manage your debt, it can be overwhelming and frustrating. If credit card bills have become more than you can keep up with on your income, it is important to know what legal options may be available to you as a Florida resident. In these situations, bankruptcy may be an optimal choice. 

Credit card debt can become unmanageable for a myriad of reasons. From unemployment to a medical emergency, there are times when a family may need to rely on credit cards simply to get by. Whether your balance was caused by unexpected financial emergencies or simply overspending, there are ways by which you can discharge this debt and secure a strong financial future.

In Chapter 7 bankruptcy, applicants will be able to discharge their credit card debt. When the process is complete, card balances will be completely discharged, and you will owe no money to credit card companies. In Chapter 13 bankruptcy, you will be required to pay a portion of the debt as it is considered unsecured debt. An evaluation of your situation will determine which chapter of bankruptcy is best for your situation.

If you are crippled by credit card debt, your financial future hangs in the balance. It is critical to confront this situation appropriately by working with a Florida bankruptcy lawyer to better understand what legal options are available to you. Credit card bills may have a hold over your life, but you can break this cycle by reaching out for the help you need.