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.
This informational video was brought to you by Attorney Eric L. Foster, an experienced Connecticut Credit Card Debt Lawyer.