Timothy J. Sierra, Attorney at Law Trusted Florida Bankruptcy Attorney Since 1987
Call Today For A Free Initial Consultation
813-463-2256

Is it possible to get out from underneath credit card debt?

Almost everyone has some amount of credit card debt. Whether the amount is large or small, credit card debt is one of the easiest kinds of debt to accumulate. With no money coming out of a person’s pocket upfront it can be an easy trap to fall into. However, once a person in the Tampa area is in debt it can be very difficult to get out.

One of the biggest traps people fall into is not having an understanding of how credit card debt works. Credit cards offer “free money” only for a limited time, then an interest rate kicks in at about 3.5 percent a month. Even when a person pays almost the entire outstanding amount before the due date arrives he or she is still responsible for the full amount of interest if there is still a remaining balance on the card on the due date.

There are several important steps to take to overcome credit card debt, including curbing one’s spending and buying only what’s necessary. A person should also pay his or cards off in order of interest charged with the highest being the primary focus. A person can also transfer the balance of one card to another in order to buy a little time in order to catch up.

When a person is unable to overcome his or her credit card debt by using these methods then he or she may need additional help, including the assistance of a credit card debt attorney. The right attorney in Tampa understands how to help a person, including filing for chapter 7 bankruptcy, if necessary. Anyone who is facing this kind of situation might want to consult with a lawyer as soon as possible.

Source: NDTV Profit, “How to get out of credit card debt,” Nov. 14, 2103.

No Comments

Leave a comment
Comment Information
  • "I recommend Timothy Sierra - a loyal and dependable lawyer. When you talk to him you feel that you are with a friend or a member of your family. Timothy is able to lead you in every step of the process. Good job Timothy. "
  • "I recommend Timothy Sierra - a loyal and dependable lawyer. When you talk to him you feel that you are with a friend or a member of your family. Timothy is able to lead you in every step of the process. Good job Timothy. "
  • "I recommend Timothy Sierra - a loyal and dependable lawyer. When you talk to him you feel that you are with a friend or a member of your family. Timothy is able to lead you in every step of the process. Good job Timothy. "
  • "I recommend Timothy Sierra - a loyal and dependable lawyer. When you talk to him you feel that you are with a friend or a member of your family. Timothy is able to lead you in every step of the process. Good job Timothy. "
More Testimonials
Email Us Today

Schedule A Free Initial Consultation To talk to an experienced Tampa bankruptcy attorney, call 877-492-7449 or fill out the form. All calls are returned within 24 hours.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

We Have Offices in Tampa, Riverview and Brandon For Your Convenience.

Tampa Office
118 South Rome Avenue
Tampa, FL 33606

Toll Free: 877-492-7449
Toll Free: 877-492-7449
Phone: 813-463-2256
Phone: 813-463-2256
Fax: 813-258-4746
Tampa Law Office Map

Riverview Office
6314 U.S. Highway 301 South
Riverview, FL 33578

Toll Free: 877-492-7449
Toll Free: 877-492-7449
Phone: 813-463-2256
Phone: 813-463-2256
Fax: 813-258-4746
Map & Directions

Brandon Office
305 North Parsons Avenue
Brandon, FL 33510

Toll Free: 877-492-7449
Toll Free: 877-492-7449
Phone: 813-463-2256
Phone: 813-463-2256
Fax: 813-258-4746
Map & Directions