Credit Card Debt in Arlington Heights
When you are suppressed by the stress of managing credit card debt, a worry-free day is hard to come by. It may start to feel like any time you are not reading the fine prints of bill statements you are on the phone with a debt collector requesting more time to make a payment. The impact that credit card debt can have on your personal and professional life can leave you feeling helpless.
Banks continue to request funds as you struggle to make minimum payments. You may have opened a credit card as a financial resource in case of an emergency, yet you never imagined that you would one day become the target of debt collectors. You should know that you are not alone. Debt relief options are available to you so that you can reclaim your freedom. An Arlington Heights credit card debt settlement attorney can help free you from the grips of debt.
Options for Credit Card Debt Relief
Many people initially attempt to manage their debt without the legal aid of an attorney. The most basic way of doing so is to pay off debts.You may commit to making minimum payments, but that does very little to relieve debt. Depending on the agreed upon annual percentage rate or APR, interest may continue to accrue as you make the base payments.
Debt consolidation is another method some use to tackle debt. When your debts are consolidated, many separate payments are combined into one large monthly payment. Such an option may be helpful for the debtor who has trouble keeping up with all of his or her debts but does very little toward actual debt relief. Monthly payments are still required, and your payment amount may increase.
How an Arlington Heights Debt Settlement Attorney Can Help
If you have debt that is in collections, are being sued by a debt collector, or have simply fallen behind on your bills, it is time you seek legal counsel. Your debt will persist as long as you ignore it. Not only are you burying yourself deeper in debt, but your credit score takes a hit every time your delinquent debt is reported. This can stop you from purchasing a car or home, or acquiring a loan.
Speak with an experienced Arlington Heights debt settlement attorney when you contact Benveniste Law Offices. Attorney Heather Benveniste can negotiate your debt so that you can afford to pay it off. Our experienced attorneys will not request a penny from you until your debt is resolved. Contact us at 1-800-497-5358 for a free consultation and take the first step toward debt relief.
