With their high interest rates, credit cards can make it a little too easy for debt to spiral out of control. In the Chicago area, if you have more credit card debt than you can ever pay back, you should meet with an experienced Chicago credit card debt relief lawyer to discuss your credit card debt relief options. Call a good Chicago credit card debt relief lawyer at the Bentz Holguin Law Firm and get the debt relief help you need today.
Reducing Your Total Debt
Debt settlement typically means negotiating with creditors to reduce your total debt in exchange for a partial payment. A successful settlement is when the creditor agrees to forgive a part of the debt. Often, credit card debt can be settled. Credit card debt is unsecured debt and can also typically be discharged by filing for Chapter 7 bankruptcy. If you do not qualify for Chapter 7, you may file for Chapter 13 bankruptcy, which consolidates credit card debt and other types of debt into a manageable payment plan. A good Chicago credit card debt relief lawyer at the Bentz Holguin Law Firm can help you decide if bankruptcy is right for you and help you understand your other debt relief alternatives.
Use Caution When Seeking Credit Card Debt Relief
You’ve undoubtedly seen advertising for credit counseling and debt consolidation services. Use caution; most of these companies are not offering actual legal counsel, so it’s unlikely they can help you achieve any significant relief. A good Chicago credit card debt relief lawyer can help you seek credit card debt relief through the federal Bankruptcy Code and other practical, proven, and legal debt relief methods.
The experienced Chicago credit card debt relief lawyers at the Bentz Holguin Law Firm handle your debt negotiations personally; you aren’t brushed off to an assistant, and we never let you become just another number. The Bentz Holguin Law Firm maintains the highest professional standards; provides quality legal services at a reasonable cost; and works with all parties involved to bring your credit card debt situation to its best possible resolution. Contact the Bentz Holguin Law Firm today and schedule a free consultation online or by calling 312-647-2116