Massachusetts Credit Card Debt Attorneys Helping Clients Seek Financial Relief
Most adults in the U.S. have credit card debt, but some have far more than others. If you are drowning in credit card debt, it’s important to seek financial relief with the help of the skilled attorneys at Benner & Weinkauf.
Our credit card debt attorneys in Plymouth can review the details of your situation and determine the best way to help you wipe your financial slate clean. Contact our law firm today to schedule a free consultation regarding your case.
Who Should Seek Credit Card Debt Relief?
It’s important to understand when it’s appropriate to seek credit card debt relief. Since most people have credit card debt, simply having this debt is not enough to justify seeking help. If you are able to make consistent payments on your credit card debt, you are not in a position to seek financial relief. Instead, you should continue to make payments until your debts have been paid in full. For info on disputing credit card charges, read our blog post here.
Everyone’s situation is unique, but in general, it is recommended that you seek debt relief if you meet one or both of these conditions:
- Your credit card debt is equal to at least 50% of your income
- Your credit card debt will not be paid off in five years even if you make an effort to reduce your monthly expenses
If you meet either one of these conditions, it may be in your best interest to seek credit card debt relief with the help of our attorneys. Don’t wait any longer to seek financial relief. The sooner you take action, the sooner you can get a fresh financial start.
Should You File For Bankruptcy to Get Rid of Credit Card Debt?
Filing for Chapter 7 or Chapter 13 bankruptcy is one way to deal with credit card debt. This is because credit card debts are dischargeable, which means they can be dismissed during bankruptcy proceedings. Filing for bankruptcy can also trigger the automatic stay, which will temporarily prevent credit card companies from contacting you regarding your debts.
Bankruptcy is one option, but it’s not the only credit card debt relief option. There are other ways to seek credit card debt relief, including:
- Debt settlement
- Debt negotiation
- Debt consolidation
You must explore all of these alternative options before filing for bankruptcy. Fortunately, you don’t have to go through this process alone. Together, we will make sure that you are able to secure the debt relief that you need to move forward. To find out more about what we can do for you, give us a call today.
Schedule A Free Strategy Session With Our Credit Card Debt Relief Lawyers
Are you ready to climb out of credit card debt? If so, seek legal representation from our Massachusetts bankruptcy lawyers. Let us review your finances, explain your legal options, and develop a custom strategy to help you get out of debt once and for all. Call 774-404-8321 to schedule your free consultation with our team today.