Tag archive for ‘credit card debt’
An all too common preliminary inquiry by a hypothetical debtor, and a reply. Episode 3 of a series.
by John C. Colwell on 3/12/10 | 0 Comment(s)
Serena V.
Brief description of your legal issue:
I am in serious debt, besides my mortgage I owe roughly 20+ thousand in credit card debt.I owe the IRS
and have been trying to make payments as best as possible. I need help!
Thank you for your inquiry. We likely can help a great deal. There are many variables and Read more>>
Why you need to file bankruptcy. . .
by Jay Jump on 3/04/10 | 1 Comment(s)
You can villify me later. For now, I need you to read and get some perspective. Pay attention because we’re going to move fast.
You need to file for bankruptcy.
Let me say it again for those of you who are still shaking your head.
YOU NEED to file for bankruptcy!
There, I gave you a little emphasis to Read more>>
Usury Alert! 79.99% Interest Charged by Sub Prime Credit Card Issuer!
by Moderator on 1/08/10 | 0 Comment(s)
This blog has devoted quite a bit of attention to mounting credit card debt in America. As bankruptcy attorneys, we see clients every day who simply cannot afford to carry the ridiculously high interest rates charged by their credit card companies. Credit card debt is one of the leading causes of bankruptcy. In many cases, Read more>>
Decided To File For Bankruptcy? Don’t Use Your Credit Cards
by Moderator on 12/14/09 | 0 Comment(s)
As a bankruptcy attorney, perhaps the number one problem I see clients facing is credit card debt. The combination of large balances, high interest rates and exotic late fees has pushed many families to the brink of bankruptcy. There is an obvious correlation between unemployment and problems with credit cards. More and more unemployed Americans are forced Read more>>
What Type of Debt Do You Have?
by Richard O'Connor on 5/14/09 | 0 Comment(s)
When a person’s liabilities are far greater than a person’s assets, i.e., money and property, they may be a candidate for Bankruptcy. A person filing for a Chapter 7 or 11 should have a good understanding of the types of liabilities that exist. In fact liability is another word for Read more>>
