Credit Card Debt in Tacoma

If you can't keep up with your credit card bill every month, high interest can cause your debt to skyrocket. Eventually, you may find that most of your monthly payment is going to interest, making it impossible to get back on track. If you miss a payment or two, debt collection agents will start a pattern of harassment that can leave you feeling embarrassed and hopeless.

Falling behind on your credit card debt does not make you a failure in life or a bad person, no matter what a debt collector may say. Honest people get caught up in a cycle of never ending debt all the time in America, which is why bankruptcy laws exist in the first place. Our credit card relief attorneys in Tacoma have helped countless Washingtonians discharge all of their credit card debt so that they could enjoy a fresh financial start.

Petitioning the federal court for bankruptcy stops all debt collection dead in its tracks, even credit card obligations. You can stop the harassing phone calls, and take steps to have your credit card debt discharged by the court. All you have to do is contact our law office for a free consultation to take the first step.

• In almost every Chapter 7 bankruptcy case, all credit card debt is discharged
• With Chapter 13 bankruptcy, the creditor receives a percentage of your credit card debt based on what you can afford, which is often very little or nothing
• All collections on credit card debt stops when its discharged by the court, including wage garnishment
• If you want to wipe out your credit card debt, contact our law office in Pierce County and speak to a qualified bankruptcy lawyer

Many people living in Tacoma fall behind on credit card debt through no fault of their own. They may lose their job, get sick or injured, or go through some other hardship that makes it impossible to pay bills. This can happen to anyone at any time, and credit card companies know this when they offer exorbitant credit lines with high interest rates.

But if you are unable to make credit card payments, look out. These same companies don't really care why you can't pay, and often sell the debt to a collection agency for pennies on the dollars after just a few months of non-payment. These companies use all sorts of ruthless tactics in an effort to make money at your expense. They call you at all hours of day and night and may even call your place of work. Some even suggest dipping into your retirement savings to pay down the bill, which could damage your finances even further without even eliminating the credit card debt.

When your bankruptcy attorney in Washington State files your case in federal court, creditors must cease all contact with you. Because credit cards are the last in line to be paid when filing for bankruptcy, all or part of this debt is usually discharged. If you file for Chapter 7, it's likely all credit card debt will be wiped out, and if you file for Chapter 13, you only are required to pay what you can afford, which is also often nothing.

If you're thinking about filing for bankruptcy, our attorneys urge you to stop making charges on all of your credit cards. You may even want to stop making payments immediately, so that you can free up cash for other, more urgent, expenses. Don't wait too long to file for bankruptcy after stopping your payments, otherwise your creditors may seek garnishment of your wages.

If you're worried about damaging your credit score because of filing for bankruptcy, don't be. Once your debt is discharged, your credit will immediately start to improve and you can earn the trust of lender once again. In many cases, filing for bankruptcy is far better than delinquent credit card debt that's been sold to a collection agency, because the blemish it leaves on your credit score may be more detrimental.

Contact a Tacoma credit card debt relief attorney today for more information.