Credit Card DebtWe are a bilingual firm passionate about helping our clients.
Cumming, GA Credit Card Debt Lawyer
Serving Georgians Throughout North Georgia and the Greater Atlanta Area with Debt Relief Assistance
Credit card debt is the most common form of unsecured debt in this country. As we move more and more to a cashless society, paying by plastic is far too easy and convenient. It is now the accepted way to buy everything, from groceries to gas, clothing, entertainment, restaurant meals, and all of those thousands of items that Americans buy online. This can lead to a mountain of credit card debt, especially for families struggling to make ends meet. It is all too easy to use your credit card to tide you over until your next paycheck or when a sudden and unpredicted expense hits you that you lack the funds to cover.
At The McCormick Firm P.C., we are very familiar with how fast credit card debt can build up to the point where you can no longer even make the minimum payment. Even when you can make the minimum payment, it can take years to pay off a substantial credit card debt. If you have fallen into out-of-control debt of this kind to the point where you are now facing penalties, default, creditor harassment, wage garnishment, and negative effects on your credit score, we recommend that you seek help from our Cumming credit card debt attorney. The sooner you get your situation evaluated with options for relief, the sooner you will be on your way to a solution.
Attacking Credit Card Debt in Georgia
Credit card debt is not something that will go away by itself. You may be able to negotiate with your creditor for a reduction in your payment, interest rate, or overall debt amount which can lessen the stress and financial strain. However, a bankruptcy filing is the only way to completely eliminate credit card debt. As unsecured debt, all balances can be discharged, leaving you with the financial resources to handle your secured debt and other monthly expenses.
By filing for a Chapter 7 bankruptcy, the court will issue an “automatic” stay that stops your creditors from ever making contact with you again about your debt. This also eliminates the stress of creditor harassment while you are resolving your financial problems. This automatic stay is available under both Chapter 7 and Chapter 13 filings.
At The McCormick Firm P.C., we have helped countless individuals and families eliminate or reduce massive credit card debt that has put them into a financial crisis. We may be able to do the same for you. By consulting with our attorney, you can learn more about the right debt relief or bankruptcy option for you, based on your circumstances, qualifications, and objectives. The time to resolve your crushing credit card debt is now before it gets any worse.
Why Hire the McCormick Firm P.C.?
Our seasoned team will always protect your rights while using our large pool of resources and experience to help save your assets. Often mortgage companies and banks will try to violate your rights in an effort to take all that they can from you, which is why you need an aggressive bankruptcy law firm that has years of experience in dealing with the complexities of debtor and creditor law.
You will have peace of mind knowing that we are on your side throughout the debt relief or bankruptcy process. The McCormick Law Firm always takes the time to explain to new clients how bankruptcy works, and will always advise you on the best course of action to take based on your situation. We will dispel any myths that you may have about filing for Chapter 7 or Chapter 13 bankruptcy, and present you with facts and information that will help you decide on the best course of action to take.
What Happens to My Credit?Bankruptcy can damage your credit and subsequently your credit score. We all know that credit scores play a large part in our lives and have for some time, as they help determine how much we pay for our cars, houses and more. However, if your score has already been damaged, bankruptcy can be a great first step to rebuilding your credit.
How Will I Pay My Bills Going Forward?
The key to paying your bills in addition to getting the most out of your bankruptcy case is to form a stringent budget that you can follow reasonably. If you have filed for Chapter 13 bankruptcy, you need to have a budget to make sure that you are taking care of all of your required payments. If you file for Chapter 7 you will have your debts discharged, but only those debts that you had before the petition for Chapter 7 was filed. You will need a budget if you file for Chapter 7 to make sure that you won’t have to file again in the future. You should be able to consult with your Cumming Georgia bankruptcy attorney on this matter.
Will I Lose My Job if I File for Bankruptcy?
Filing for bankruptcy is information that the public can view. However, this information is not published in any newspapers or distributed at any stores. The only people that will know that you filed for bankruptcy is the trustee in your case, your creditors, and the people that you choose to tell. If your employer finds out about your case, it should not adversely affect your position or job. This may not be true if you work within the financial industry.