Can bankruptcy eliminate credit card debt?
Chapter 7 bankruptcy completely discharges credit card debt. Chapter 13 bankruptcy can greatly reduce credit card debt to as low as 1,500.00 dollars.
Credit card debt is considered unsecured debt. Chapter 7 bankruptcy eliminates unsecured debt completely. Filing for Chapter 7 bankruptcy can save you thousands of dollars. The cost of a chapter 7 bankruptcy is 1350.00 with the filing fee. This is significantly cheaper than paying 10,000 dollars back monthly with 18% interest (which would take you about 15 years).
Credit card debt can be drastically reduced in a chapter 13 bankruptcy plan to as little as 1,500 dollars paid over 60 months without interest. This option will also save you thousands.
Who can I talk to about eliminating my credit card debt?
You can speak to a bankruptcy lawyer immediately to review your specific case. We offer a free consultation and debt analysis to review your case.
How do I get started with my bankruptcy?
Getting started is easy. Just pickup the phone and call our office. You will speak to a bankruptcy attorney immediately.
KRUPP LAW OFFICES PC
Grand Rapids Bankruptcy Lawyer
161 Ottawa NW Suite 404
Grand Rapids MI 49503