Bankruptcy can wipe clean your unsecured debt. Here are examples of two types of debt, secured debt which include mortgages and auto loans and unsecured, meaning there is no collateral associated with it. Credit card debt is the most common type of unsecured debt. King & King can help you get rid of your credit card debt and get a fresh start.
If you qualify for Chapter 7 bankruptcy, you can expect your credit card debt to be eliminated. If you do not qualify for Chapter 7 relief, you have the option to file for chapter 13 bankruptcy. Chapter 13 may be appropriate if your income is too high to qualify for Chapter 7. Chapter 13 bankruptcy would allow you to repay as much of your credit card debt that you can afford to repay based upon your available income, and the remaining amounts would be eliminated.
If you are facing insurmountable credit card debt, King & King can help. Call today at 404-524-6400 for a free consultation. We can help you figure out the best way for you to eliminate credit card debt and get a fresh start. https://kingandkingattorneys.com/
