Nashville, TN Credit Card Debt Help

Long, Burnett, and Johnson, PLLC

 

You’re up to your ears in credit card debt. It’s added up over time and has now become a burden for you to pay back. Either a huge portion of your monthly income is going straight toward paying just the minimum payments, and you know paying minimum payments will take forever to pay off your debt, or maybe you are no longer able to pay even your minimum payments.  Have you started to deal with harassment from your creditors? Now you’re probably left wondering how to get your life back. What solutions, if any, are available that can provide credit card debt help in Nashville?

Keep reading to discover options available to you, or make an appointment for free credit card debt counseling with a Long, Burnett, & Johnson credit card debt attorney in Nashville. Make your appointment by calling our office at (615) 386-0075.

 

How to Pay Off Credit Card Debt

You’ve probably heard that it’s possible to make a deal with your creditors to pay off the debt. You might get offers in the mail from credit card companies suggesting that you transfer debt from one card to another – but we bet your situation is beyond that. Maybe third parties are offering you loans to pay off your debt – but those can come with huge consequences in the form of interest and hits to your credit score. Did you know that bankruptcy is another option for credit card debt relief? Bankruptcy provides a real way to get out from under a pile of debt and start over.

Bankruptcy might seem like a solution just for businesspeople or those with a lot of assets, but in actuality, bankruptcy is available to everyone in situations like these. When your credit card debt is holding you back and taking over your life, bankruptcy might be the answer to help you get a fresh start and move forward with your life. If you decide to use bankruptcy as a solution to eliminate credit card debt, you certainly won’t be the first one. This is one of the common applications of bankruptcy, since this solution helps people manage all kinds of debt.

 

What’s the Best Way to Get Out of Credit Card Debt?

The best option for getting out of this kind of debt will vary based on your situation. It depends on how much debt you’re in, whether your creditors are trying to collect the money yet and other factors. During our credit card debt consultation at our office, we will help you understand the options available for your particular case.

In many situations, the best way to go about credit card debt is to file for a Nashville credit card debt bankruptcy. This might seem extreme to you, but it is a common way of dealing with debt and one of the rights available to you. While bankruptcy has an effect on your credit score, you can also expect a negative impact from carrying a high credit card balance, defaulting on debt, having collection actions taken against you or choosing certain credit card debts loans. Bankruptcy helps you get back on your feet, and it doesn’t end all your chances of buying a house or making other investments – your score can recover faster than you might think, especially when you consider how long it could take you to get out of debt another way. It’s better to choose bankruptcy sooner rather than later because then you can start building your credit score again and gain control of your financial situation right away.

Bankruptcy is a solution that helps you manage your debt and stops collection harassment and actions to go after your money, so you can take back control over your life. Your credit card debt will no longer get in the way of you being able to pay for housing, food and other expenses. You can also ease the stress that credit card debt is causing on you and your family.

There are different types of bankruptcy to consider. Talking to a bankruptcy attorney at our office can help you figure out which one would be in your best interest. Just to give you an idea of your options, chapter 7 bankruptcy usually discharges your obligation to pay off the rest of your debt without you being required to give up any property you currently own.  Chapter 13 bankruptcy works out a payment plan to help you reasonably pay back some portion of your debt in an amount you can afford. In fact, in most Chapter 13 cases, you pay back only a small fraction of the amount you owe to credit card companies and similar creditors and you spread this fraction out over a long period of time.  The payment plan in a Chapter 13 lasts for three to five years, and after that point, the rest of the debt is wiped out.

 

Don’t Stress About a Visit to Our Office

You have enough stress to worry about. We don’t want you to get anxiety from the thought of talking to a credit card debt lawyer on top of that. While some lawyers might have stuffy offices that make you nervous, we provide a laid-back atmosphere at Long, Burnett, and Johnson that will help you feel at ease.

During your free credit card debt consultation, you’ll have as much time as you need to discuss your situation and ask us questions. You’ll be meeting with an actual attorney, not a paralegal or assistant, and we take the time to understand your specific case and talk to you about your options. We’ll help you consider bankruptcy and other credit card debt assistance that’s available to you as well. You’ll gain valuable legal advice for free, so you’ll be in a much better place to make a decision about your credit card debt.

For a free consultation with a bankruptcy lawyer on how bankruptcy could help your personal situation, make an appointment with us at Long, Burnett, and Johnson by calling (615) 386-0075. We’re here to help you leave your debt once and for all, and get control over your own life again. Call us today to get started!