Connecticut Credit Card Debt Lawyer Examines Not Paying a Debt
As an experienced Connecticut Credit Card Debt Lawyer, I often speak to clients about their options if you fail to pay a debt.
- The first option to consider is bankruptcy.
- The second option is a restructuring plan, where the bank allows you to pay the credit card off at a longer duration with a lower interest rate.
- The third option is when multiple monthly payments and/or credit card debts are lumped together into a single payment which you make to a third party. In turn, they pass those payments onto your original creditors.
- The fourth option is when you are currently unable to afford making payments and you need some time to raise the funds in order to settle the debt at a discounted rate.
Have you or a loved one failed to pay a debt and need to know what you can do? Contact dedicated Connecticut Credit Card Debt Lawyer Eric Foster for guidance.