Credit Card Debt Help in Attleboro

How to Handle Your Credit Card Debt

Over the past decade the credit market became readily available to almost anyone.  Thousands of Americans were approved for credit cards, many with a limit far over the amount they could safely repay.  With the collapse of the credit markets and the current recession, many individuals now find themselves with thousands of dollars in credit card debt and not enough funds to pay them.  If you find yourself in this position and are not sure what to do, contact the Law Office of Gail Balser, bankruptcy attorney, to get answers as to what your options might be.

If you are facing overwhelming debt that you have no means to repay, State and Federal laws allow for bankruptcy protection to help you overcome the difficult situation you may find yourself in.  Credit card debt is one the types of debt you are able to discharge or restructure when filing for bankruptcy.  In a Chapter 7 filing, if you qualify, you may be able to discharge all of your credit card debt in bankruptcy and owe nothing once it is finalized.  If you do not qualify for Chapter 7 and must file a Chapter 13, there is still the option of negotiating your debt and restructuring the balance.  Regardless of which option is the right one for you, Attorney Balser will work closely with you to determine the best legal strategy for your circumstances.

Not everyone needs or wants to file for bankruptcy.  If you can avoid it and would prefer to settle your credit card debt, our office is ready to aggressively negotiate with your creditors to reduce your principal balance and settle on a reduced figure.  You can attempt to negotiate the debt yourself or through a debt consolidation company, but neither you nor the credit consolidation company have the legal resources and knowledge of the law that a bankruptcy lawyer has to effectively negotiate a settlement on your behalf. Our office will negotiate and charge you only on results, not promises.  If we do not obtain a settlement figure that saves  you money, we have not earned our fee.

For full information on how we can help you eliminate or reduce your credit card debt, contact our office.  We provide a free initial consultation and are available throughout Attleboro, Bristol County and Norfolk County.