Pima County Debt Relief Attorney
Overwhelming credit card debt is a common reason for people to consider filing bankruptcy. There is a misconception that this debt is caused by not managing credit card spending appropriately, but that is not necessarily the reality.
Thanks to exceedingly high interest rates, reasonable spending can quickly lead to large amounts of debt. It is not unusual for people who are struggling with other bills to devote their paychecks to those bills and then rely on credit cards to buy food, clothes and other necessities. These people quickly get overwhelmed by credit card debt.
No matter what the reason behind your growing credit card debt, we can help. At the Arizona Law Group of Trezza & Associates, we know how to fight all types of debt with bankruptcy. Contact us for a consultation with one of our attorneys, Stephen M. Trezza or Jordan M. Slattery.
Chapter 7 and Chapter 13 Bankruptcy Can Eradicate Credit Card Debt
Chapter 7 bankruptcy makes short work of unsecured debt, particularly credit card debt. If we determine that this type of bankruptcy is right for your situation, your credit card debt could be eradicated in approximately six months.
Chapter 13 bankruptcy deals with credit card debt through a debt payment plan. As part of this plan, you will pay back a portion of your debt over three to five years. This portion may be very small or very large, depending on your situation. Whatever credit card debt remains at the completion of the payment plan will be discharged completely.
Contact Us to Learn More About Bankruptcy and Credit Card Debt
Every case is different, so it is important to discuss your situation with a Tucson credit card debt attorney before making a decision. Contact us to discuss your options.
