San Diego Debt Settlement Attorney – Debt Relief Lawyer
I owe $47,000 in credit card debt with an average of 17% APR. What are my options? A: First, I congratulate you on overcoming the first obstacle. Know what you owe. Far too often in my credit card debt relief law firm in San Diego I speak with people who have no idea how much they …
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There are plenty of articles available on the Internet about credit card debt settlement. Read enough of them and you will be either scared to death of debt settlement or excited about the possibility of becoming debt free in a relatively short amount of time. Each case is different, but depending on individual circumstances, debt …
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What Happens When A Credit Card Company Sues A Consumer In Debt Failure to pay back your credit card debt when it comes due is considered a breach of contract. I own a San Diego credit card debt settlement law firm. Every day I am working with clients that have more debt than they can …
Have you ever missed a payment on your credit card? Whether by mistake or inability to make a payment, it happens. In fact, 1 in 7 Americans is getting hounded by debt collectors. The phone calls are relentless and can be downright embarrassing. Imagine having company over for dinner and getting 15 phone calls in …
Many consumers depend on the use of credit cards on a daily basis. Having credit cards is a huge responsibility that many are not properly equipped to handle. Making mistakes along the way can cost you big time. Considering Americans are still facing credit card debt that exceeds $800 billion, there is much at stake …
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It is unfortunately all too common for consumers to carry balances on their credit cards. This may be acceptable if you are on a low or no-interest promotional interest rate. But if your credit card interest rate is in the high teens, carrying a balance can cost you dearly. Not only will you pay much …
I had an old friend contact me the other day asking about secured credit cards as a way to help improve your credit. In my credit card debt settlement practice I have found that it doesn’t take long after a default for creditors to unilaterally close my clients’ accounts. I recognize that it can be …
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Credit card debt continues to be one of the major debts in the United States behind mortgage debt and student loan debt. Consumers still owe in excess of $850 billion in credit card debt. This is an alarming statistic because it shows that consumers are still dependent on credit cards to supplement income or to …
Death and taxes are the proverbial certainties in life. In my debt settlement practice, I always counsel prospective clients on the potential tax ramifications for negotiating a reduction in their unsecured credit card debt. Thanks to a Tax Court decision, I am pleased to share with my clients that fees paid to my firm for …