How to Get Out of Credit Card Debt in NH
Credit card debt can be a burden that follows you wherever you go. When credit card debt gets out of control, it can be difficult to climb out from underneath it or know what steps to take to overcome it once and for all. If you feel you are drowning in credit card debt, let the Law Office of Joseph M. Annutto see if we can help.
All debt can spiral out of control for anyone in any income bracket. For some, economic hardship leads to a reliance on credit cards just to get by. You may have to use credit cards to buy food, gas, pay utilities, or for other necessities. Any increases in interest rates or a few added on fees for late or missed payments can cause debt to skyrocket quickly. If this describes your situation, filing for bankruptcy may be a means of dealing with the debt.
Stop Harassing Phone Calls
Once you file for bankruptcy, the harassing calls from credit card companies will stop. Any collection proceedings will also stop. The end to the harassment and fear can help ease anxiety and give you the time you need to focus on fixing the problem.
The affects bankruptcy will have credit card debt depend on the type of bankruptcy filed. If you qualify for Chapter 7 bankruptcy after a means test, credit card debt can be discharged. This means you will not have to pay it back. If you file for Chapter 13 bankruptcy, you are essentially agreeing to a repayment plan. You may have to pay back all or some of the credit card debt over a period of three to five years.
Free Debt Relief Consultations
A bankruptcy attorney from the Law Office of Joseph M. Annutto can look over your financial situation and determine the best course of action for dealing with your credit card debt. Before another dime in fees rises or another missed payment sets you back any further, let our firm see if we can help you get out from under credit card debt.