credit card debt

Can You be Thrown in Jail for Not Paying Your Credit Card Debt?

01/30/19

“Can I be thrown in jail for not paying my credit card debt?” What about other unsecured debt like a broken apartment lease, a car repossession deficiency, medical bills or personal loans?

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Sued? Fear Not!

07/27/12

Often, the final trigger leading a client to call me is getting suedfor a credit card. Fear !! Scarlet Letters!! Branded For Life!!  The suit can be a good thing.  You have defenses, and now you start planning for your financial fresh start instead of being hunkered down in your sweat box.  Even though there’s not enough money for a bankruptcy filing just yet.

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The Length of Time It Will Take to Rebuild Your Credit – With or Without Bankruptcy

04/10/12

Clients are always concerned about their credit score.  It is not unusual for the question “How will bankruptcy affect my credit score?” to be the first thing that comes out of someone’s mouth when they consider bankruptcy as an option.  Although bankruptcy does have an effect on your credit, the effect may not be as [...]

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Credit Card Bankruptcy

06/29/11

It’s no secret that the United States economy has been driven by consumer credit card spending. Credit card companies have spent billions of dollars each year aimed at convincing us to buy on credit. More than a billion credit card offers are mailed out each year in the United States each year. Solicitations often begin [...]

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The Good News about Bankruptcy: The Automatic Stay

04/21/11

In the majority of bankruptcy initial consultations I have conducted, I hear the same story. This story is about someone who has fallen on financial hard times. Many times, this story involves  the person recounting me about how they are paralyzed by the fear of impending lawsuits, garnishments, or foreclosure.  This story inevitably includes a comment [...]

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