Category Archives: Credit Card Debt

Chicago Bankruptcy Lawyers Help You Hold On To Savings

When the stock market took a dive last year, so did most retirement funds. But it’s not just Wall Street doing damage to our savings – it’s our own impatience. Since the recession began, people have been pulling the plug on their retirement money, cashing out to pay for present-day expenses like bills and groceries…. Read More »

Chicago Bankruptcy Attorneys Advise Shoppers to Turn Down Store Credit Cards

Imagine this scenario: You’re at a cash register being rung up for your purchase when the cashier asks if you’d like to save 20% by opening a store credit card. What do you do? Me, I used to fall for it every time. I had so many store cards that they didn’t fit in my… Read More »

Choose Chapter 13 over new credit cards to escape credit debt

Credit card companies are scrambling to make up for the millions of Americans who have defaulted on their credit card bills thanks to the recession. But the way they’re going about it is a little sneaky. Last week, my bank called twice to offer me a new low-APR platinum credit card. Yeah, like I’m going… Read More »

Eliminate credit card debt by bankruptcy, not bellyaching

Debt and pessimism seem to go hand in hand. I spent much of my life as a shameless whiner, but only when I took control of my credit card debt did I began to realize how much of a toll the complaining took on my life. As a kid, I’d blame my parents when I… Read More »