Category Archives: Credit Card Debt
Chicago Lawyers Use Bankruptcy to Eliminate Credit Card Debt Caused By Consumer Spending
I admit it – I have cell phone envy. Now I’m normally pretty wise about financial decisions (or at least, I like to think I am) but phones have always been a weakness of mine – and I’ve had the credit card debt to prove it. It was a matter of keeping up with the… Read More »
Chicago Bankruptcy Lawyers See Rise in Phony Check Scams
Sometimes the smartest thing you can do is to trust your gut. But unfortunately, that can be hard to do when faced with the prospect of free money. That’s why more than one million people in the U.S. have fallen for a growing phony check scam. So far, it’s estimated that one-third of all Americans… Read More »
Illinois Bankruptcy Attorney Explains Cardholder’s Bill of Rights
As Americans, we’re known for seeking the easy way out, be it a magic diet pill that lets us lose weight without diet or exercise or a little plastic card that (seemingly) allows us to buy whatever we want, regardless of whether we can afford it. So it shouldn’t come as a surprise that people… Read More »
Chicago Bankruptcy Attorneys Warn of Universal Default Clause
When my credit card debt was at its highest, I felt like the whole world was against me. And, technically, it kind of was. It’s called universal default. I made most of my payments on time. But as I put more debt on more credit cards, it became difficult to keep track of them all… Read More »
Illinois Attorneys Compare Personal Bankruptcy and Credit Counseling
Chicago and Atlanta Bankruptcy Attorney Rob Semrad on Credit Counseling Remember the old adage, “If it sounds too good to be true, it probably is?” If we could just keep that in mind, credit counseling companies would probably go out of business – and folks wouldn’t fall victim to any more scams trying to eliminate… Read More »