Helping You Regain Financial Control
Most people with credit card debt are not in financial distress because they went on extravagant shopping sprees. Many of them lost their jobs and were forced to pay for necessities and even other bills on credit. However, paying debt with more debt can catch up with you.
If you are financially overextended and missing credit card payments, it is important that you take action to remedy your situation. At Borras & Latino, P.A., we help clients overcome financial hurdles, such as credit card debt, and get back on the right path. During a free consultation, our Fort Myers credit card debt relief attorneys will explain how bankruptcy can help you clear up or reduce your debt.
Bankruptcy and Your Credit Card Debt
When you are having trouble paying the minimum amount due on your credit card bills, it is time to explore your options. Filing bankruptcy can be an effective way to discharge or decrease the amount you owe. Our lawyers can help you file:
- Chapter 7 bankruptcy — In this type of bankruptcy, most of your unsecured debt, including credit card bills, medical expenses and payday loans, is eliminated.
- Chapter 13 bankruptcy — With this plan, you repay a portion or all of your credit card debt over a period of three to five years. After the designated time, any remaining unsecured debt included in the bankruptcy estate is discharged.
The Truth About Florida Credit Debt Consolidation Companies
Debt consolidation companies advertise that they can help you get debt free in a short amount of time. They invite you to make one monthly payment to them, which they claim will be dispersed to your creditors. They also promise to negotiate with the creditors to lower your interest rates.
Unfortunately, there is no guarantee that the money you send to a debt consolidation company will reach your creditors, and creditors are not bound to negotiate with these companies. While you are working with a debt consolidation company, a creditor could pursue legal action against you.
When you file bankruptcy, you are immediately protected under law. All collection actions and lawsuits are stopped, giving you real relief.
Start Rebuilding Your Credit
After your bankruptcy case closes, you can set up a secure credit card to start rebuilding your credit. To learn more about bankruptcy and other debt settlement options, call 239-935-5712 or 888-724-0544, or contact us online.
Our office is located in a historic home located near the Butterfly Estates, approximately a half mile from the Federal and State courthouses in Fort Myers. We are available to clients seven days a week by appointment.
Hablamos Español · Payment Plans Available · Credit Cards Accepted
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
