Legislature and Credit Card Debt

www.Savedme.com 800-728-3363 800-SAVEDME. Bankruptcy Attorney Jamie Ryke from the Law Offices of www.FreeBankruptcyEvaluation.com Firm talks about One significant reason that Americans look to Bankruptcy relief for help is due to credit card debt. Credit card companies overload consumers with high interest rates and numerous fees. These can lead to large credit card debt very quickly. Bankruptcy becomes the only true option to allow for a fresh financial start. Congress has taken notice of these tactics by credit card companies.

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• Credit
• Card
• Debt
• Chapter7
• chapter13
• bankruptcy
• relief
• consumer
• debt
• lawyers

[bankruptcyattorney]

Sorry, Stve70 Credit counseling is asking your creditors if they will take a reduction. Bankruptcy is telling your creditors you will take a reduction.

Great, go ASK the person who just forced you to take an interest rate at 37% if they will reduce your debt. Better yet go ask all of these thieving banks at the same time if they will all voluntarily take a cut and when that happens call me because I want to skate on hells pond. Credit counseling does not work.

[bankruptcyattorney]

No offense. credit counseling rarely works.

[TheWarOnDebt]

Dear Bankruptcy Attorney,

We respectfully disagree with you as do many reputable studies which found that success rates for "self-help" debt negotiation reduced credit card debt 70% of the time.

In addition, the FTC, suggest that Americans seek self-help when negotiating debt.

We respect your position but we don't agree with waiting for Legislation. We have to take matters into our own hands.

Best regards,

DEBT WARRIORS!

[bankruptcyattorney]

If you are teaching people to do negotiate their debt themselves then I have no issue with what you are saying. I do not believe in the companies that take peoples money upfront and offer the service to them.

[stve70]

debt settlement works 75% of the time

[stve70]

Debt settlement/management is a bankruptcy alternative....you cant write off cc debt with the new laws in bankruptcy as you could before...must be a bankruptcy lawyer

[flatsignedbooks]

I CUT MINE UP AND PAID OFF! All 9 of them!

[howDAREyouSIR]

i just walked on 800k and never felt better. fico and credit cards scams suck. cash is king

[stingraes]

Lets get real here! If you want to borrow money because you want want want what you don't have the money to buy now, thats fine. But you choose to charge up your credit cards. Consumers want to buy buy buy and that is not considered greedy? Get real! IF you want to borrow money, then as a consumer it is YOUR resonsibility to read and understand what the interest rate is. Grow up!

[TheWarOnDebt]

I agree with you! But Don't close the accounts because it works against you.