Credit Card Debt

Credit Card Debt

Credit card debt is something that is very easy to accumulate but it can be pretty difficult to pay down. That is because for many people, it is easier to spend money than to make money. Unfortunately, this is a trap that many people fall in when they get their first credit card or even multiple cards at the same time.

Why people are in debt

Approximately 8 in 10 Americans are in debt according to a recent study. That means that the majority of people that you know current have some kind of debt. There are many reasons why someone may get into debt like a reduction in income, a divorce, poor money management, medical expenses or underemployment/unemployment.

Credit card debt relief

For some people, even the idea of consolidating the debt seems like it will not help them get out of the credit card debt black hole. Another option is to file for bankruptcy to get relief from credit card debt.

Credit card debt is often referred to as bad credit card debt because it does not really help you get a quality credit score, especially if you cannot make the payments. The lawyers at Morgan & Morgan have worked with clients in Georgia who are overwhelmed and burdened with enormous credit card debt.

Client Testimonials

Lee did a great job. He helped me save my home and get a grip on my financial situation. The staff at Morgan & Morgan was great. Always easy to reach on the phone and mindful of my situation. Thanks!

Bankruptcy client

Our attorneys are skilled at negotiating for reductions in your debt.

Learn about your options in a free consultation with one of our local bankruptcy attorneys. We service Athens-Clarke, Oconee, Morgan, Walton, Jackson, Hall, Barrow, Madison, Oglethorpe, Elbert, Hart, Franklin, Banks, Habersham, Greene, and Stephens counties. If you have this type of bad debt, contact us today so we can help you find ways to reduce your debt.