Credit cards are used incorrectly by most of the people who have them. Why? The idea behind credit cards was to offer people funds they could use for larger purchases. The payments would be made, some interest charged and the next purchase would proceed like the previous.
Today, America is awash in credit card debt, thanks to irresponsible consumer spending, an economy that refuses to improve and high interest rates, known as APR. Paying down a high credit card debt might seem impossible, and failing to pay each month could result in creditor harassment.
Often, large amounts of debt occur when hard-working people are forced to use credit cards for living expenses such as gas and groceries, to pay household bills, or to pay for hospital bills and other medical expenses. Having a large amount of credit card debt can be extremely difficult and stressful, but you don’t have to let it ruin your financial portfolio for good.
If this situation sounds familiar, filing for Chapter 7 may be your best option and employing the assistance of a knowledgeable and compassionate group of bankruptcy lawyers at Engel Law Group, P.S., is an excellent first step.
We know how important it is for you to get back on the road to debt-free living, and we want to help you achieve that goal. We will help you through each step of the bankruptcy process with competence and commitment so you can achieve peace of mind and the strong financial future you deserve. Let us help you today.
Don’t wait to get the legal assistance you need to put an end to credit card debts. Contact a Dallas bankruptcy attorney to start on the path toward financial freedom.