fbpx

Filing Bankruptcy for Credit Card Debt

Using Bankruptcy to Stop Credit Card Collections Can Bankruptcy Stop Credit Card Collections? Bankruptcy CAN stop collection attempts from credit card companies that include lawsuits or other forms of legal action. The automatic stay offers protection from collection attempts and stays in place until your case is completed. The stay goes into effect when you file bankruptcy, either Chapter [...]

By |2019-09-12T18:28:08+00:00May 29th, 2019|After Bankruptcy, Bankruptcy, Credit and Bankruptcy, Credit Tips, Debt and Tax Relief|Comments Off on Filing Bankruptcy for Credit Card Debt

Ignoring Credit Card Debt Can Lead To Wage/Bank Account Garnishment

Debt is a problem that comes with a number of consequences. This includes garnishment of your income or bank account. When financial instability makes it difficult to pay the bills and creates concerns about the future, it can quickly lead to the accumulation of credit card debt. When the problem goes unaddressed, creditors and debt [...]

By |2019-01-23T09:32:55+00:00May 1st, 2017|Bankruptcy, Credit and Bankruptcy, Credit Counseling, Credit Tips, Debt Collectors|Comments Off on Ignoring Credit Card Debt Can Lead To Wage/Bank Account Garnishment

Six Actionable Tips on Writing a Credit Dispute Letter

The Fair Credit Reporting Act was created to help consumers dealing with errors on their credit report. When disputing something on your report, you will want to take action in the best possible manner. Otherwise, with one mistake, you will be forced deal with a host of problems. With this in mind, here are six [...]

By |2017-12-13T02:11:12+00:00June 12th, 2014|Credit and Bankruptcy|Comments Off on Six Actionable Tips on Writing a Credit Dispute Letter

Getting Protection through Bankruptcy Before Creditors Make Their Move against You

It is common for people to have outstanding debt and while the amount owed varies, many may not be aware of how close they are to having their creditor take legal action against them. For a number of debtors, legal action from a creditor comes at a time they least expect it. This reason alone [...]

By |2018-11-13T23:38:38+00:00August 22nd, 2013|Credit and Bankruptcy|Comments Off on Getting Protection through Bankruptcy Before Creditors Make Their Move against You

If I Am Being Sued by a Creditor Can Bankruptcy Get Rid of the Lawsuit? – Bankruptcy Attorney

Getting rid of a lawsuit in bankruptcy depends on a few factors. One of the main factors includes determining if the liability associated with it is dischargeable. Sometimes a debtor may receive a lawsuit or learn of being sued and ignore it. This can turn into a default judgment giving creditors an upper hand on taking [...]

By |2019-01-23T07:20:00+00:00August 15th, 2013|Credit and Bankruptcy|Comments Off on If I Am Being Sued by a Creditor Can Bankruptcy Get Rid of the Lawsuit? – Bankruptcy Attorney

Can a Bank Account Belonging to My Spouse Be Sought by Creditors in Bankruptcy?

In many cases, assets that belong to your spouse may be off limits to creditors but it depends on the circumstances of the spouse filing for protection. There are a few factors to review that may give clarity regarding account funds. You need have a good idea of what assets are considered part of your [...]

By |2018-11-12T22:40:04+00:00May 8th, 2013|Credit and Bankruptcy|Comments Off on Can a Bank Account Belonging to My Spouse Be Sought by Creditors in Bankruptcy?

Plastic Dependency

Credit Cards have been around for decades, and the debt that can come along with them can pose real financial challenges. Here's a look at the state of credit card debt and how it's affecting Americans. Call for a free bankruptcy consultation today

By |2018-11-14T21:28:14+00:00September 17th, 2012|Credit and Bankruptcy|Comments Off on Plastic Dependency

How Does Filing Bankruptcy Protect You from Creditors?

When a person or business seeks bankruptcy protection, some may wonder how a filing offers protection.  When bankruptcy is filed a protection order known as the automatic stay becomes effective immediately.  The action is a welcomed relief effort that gives debtors a chance to review their situation and seek the best solution without pressuring collection [...]

By |2017-12-13T02:12:30+00:00September 10th, 2012|Credit and Bankruptcy|Comments Off on How Does Filing Bankruptcy Protect You from Creditors?

If I am Being Sued is it Too Late to Make an Agreement with the Creditor?

Ignoring credit card debt is common for many consumers, that is, until a lawsuit is filed against you for outstanding debt owed. You still have the option of making an agreement with the creditor and possibly adverting the suit altogether. An agreement to pay what you owe may reduce legal collection action taken against you, [...]

By |2018-11-08T17:53:11+00:00September 4th, 2012|Credit and Bankruptcy|Comments Off on If I am Being Sued is it Too Late to Make an Agreement with the Creditor?

How is Credit Card Debt Handled in Chapter 13 Bankruptcy?

Credit Card Debt and Bankruptcy Chapter 13 bankruptcy helps debtors reorganize their debt into manageable payments scheduled over a certain time period. When it comes to credit card debt , the amount you pay may vary depending on multiple factors. If you make necessary payments according to your plan you may qualify to have any [...]

By |2018-11-07T22:15:55+00:00August 16th, 2012|Credit and Bankruptcy|Comments Off on How is Credit Card Debt Handled in Chapter 13 Bankruptcy?