Millions of Americans are struggling with credit card debt. Many people do not understand the nature of credit cards, interest, or repayment. At times, a credit card can feel like free money and suddenly a person is facing an overwhelming balance. Other people mistakenly believe that they can make a dent in their credit card debt by simply making the minimum required payment each month, and they do not realize how interest is compounding. Others spend within their means, however then suffer a traumatic event such as unemployment or a medical emergency that completely changes their financial capabilities. No matter what the reason is behind your inability to keep up with payments, you should always contact a debt relief lawyer if you are facing overwhelming credit card balances.
An experienced debt relief attorney can help with the following actions:
- Negotiate with creditors to lower minimum payments or interest rates.
- Represent you if a credit card company files a lawsuit against you.
- Get wage garnishments or bank account attachments lowered or eliminated.
- Help remove liens on your home or car.
- Assist you in filing for Chapter 7 or Chapter 13 bankruptcy.
If you decide to file bankruptcy, your creditors will have to immediately stop all collection efforts, including calls, letter, garnishments, lawsuits, and more. Additionally, Chapter 7 bankruptcy allows you to completely discharge unsecured credit card debt and will relieve you of a payment obligations. Even if you decide against bankruptcy, there are many additional tactics and tools an experienced debt relief lawyer has to help you experience relief in the face of significant credit card debt. It is often difficult for a consumer to have the same success in dealing with credit card debt as an attorney.
Contact an Arizona Credit Card Debt Lawyer for a free consultation
If your credit card debt has spiraled out of control, you do not want to put off consulting with an attorney any longer. The experienced attorneys at the Ellett Law Offices are committed to helping Americans get their finances under control. We will go over all of your options and help you choose the best one for your credit card debt situation. Call our office at (602) 235-9510 to schedule your free consultation today.
Ellett Law Offices , P.C.
2999 N. 44th Street,
Phoenix, AZ 85018