Credit Card Debt
Many people file for bankruptcy because they need relief from credit card debt. The high interest rates charged by credit card companies can be financially crippling.
Through a Chapter 7 bankruptcy, you may be able to completely discharge your credit card debt. While you must meet certain eligibility standards for Chapter 7 relief, most of the people who visit our office are eligible for such relief. If you are not eligible for Chapter 7 bankruptcy, you may still be able to discharge a portion of your credit card debt through a Chapter 13 bankruptcy. Visit our section on Chapter 13 bankruptcy to learn more.
Get Help From a Tampa Bankruptcy Attorney
If you are struggling with debt and want to learn more about bankruptcy, contact B&B Law Group in Lutz, Florida. Our experienced bankruptcy lawyers serve clients throughout the greater Tampa Bay area.
Stop the Endless Cycle of Credit Card Debt
The credit card companies have stacked the deck against you. They draw you in with promises of low interest rates. These rates quickly change, either because you missed a single payment or because the interest rate was set to automatically increase after a short grace period.
The credit card companies intentionally set their minimum payments at a rate so low that paying the minimum monthly balance on your credit card only pays down a fraction of the principal balance. The majority of your minimum payment is likely applied to pay interest.
We understand that many people are concerned about their credit rating. But continuing to pay your credit card late each month only serves to further erode your credit. In some cases, it is best for people to file for bankruptcy sooner rather than later. Let our attorneys review your financial situation to help you make an informed decision that will positively impact your future.
Contact Our Tampa Bankruptcy Attorneys
We are pleased to offer a free consultation and case evaluation to help you determine if bankruptcy is right for you. We can also help you determine which type of bankruptcy is best for your situation. For help, call us today at 813-333-9583 or contact us by e-mail.
