One of the most common forms of debt in the United States today is from credit cards. Using a credit card is so easy, that consumers quickly get caught up in spending and not tracking how much they owe. Over time, credit card payments become too hard to handle and debt continues to pile up. Learning more about debt consolidation in regards to credit cards can help you to learn how to finally begin getting out of debt and reclaiming your finances.
The first thing you have to do to work on debt consolidation regarding credit card debt is to stop spending. Do not spend any more money so a plan of action can be put in place to ensure you begin taking care of your debt instead of piling more on.
Consolidating Your Debt
Once you stop spending, you can take the next step to pay off your debt. While some people choose to file for bankruptcy to see their debt erased, there is another option. The attorneys at the Resolvly have vast experience in handling debt consolidation cases. With debt consolidation, the debt is combined into one package and one monthly payment.
The amount of debt owed is not lowered, but credit card companies are no longer hounding you for payments and lawsuits are not filed against you. Instead of having to make several minimum payments and getting nowhere with paying off your debt, our consolidation services will ensure the debt is combined and you have one payment to take care of each month.
Reviewing Your Case
At Resolvly, our attorneys will review your case and inspect each contract you have with credit card companies. We get to know your responsibilities as well as rights and then work to negotiate with your creditors to lower the debt amount you owe and set up only one monthly payment that you must make to clear your debt.
The monthly payment will be within your means, so you are no longer struggling month to month to pay your bills and try to get out of debt. You will no longer be stressed about your finances as a clear plan will be in place to see you get back on your feet.
Contact our office today to learn more about our debt consolidation services and how we can help you clear your credit card debt.