At GM Law Firm, lawyers are experienced and committed to helping their clients be free from credit card debts with less hassle and with no stress.
The simplest way to deal with any kind of debt is to pay it off. However, if you cannot pay it off directly in cash, your option might be to pay it in installment. In this case, it will take a very long time to settle the debt entirely, not to mention the interest accruing for every month you prolong your debt repayment.
Another option explored by people swamped with debt is to file for bankruptcy. This could erase your credit card debt, however, this option is only ideal for those who qualify under Chapter 7 and those who don’t have to worry about the consequences and the public nature of what they’re filing for. For those who file for bankruptcy under Chapter 13, it will take 5 years before they would be totally debt-free, the number of years for bankruptcy under Chapter 7 will be even longer.
Aside from those who file for bankruptcy, there are those who opt for debt consolidation. This means that they stack up all their debts in one package and they pay the same monthly. Though this option may seem to be convenient, the truth of the matter is this will not lessen the amount needed to be paid. Also, this won’t stop the banks from filing lawsuits for your credit card debt.
When you engage the services of GM Law Firm, you can be assured that you will get the best deal for your credit card payment as the lawyers really review all the agreement and contracts you signed to know your rights, obligations, and options. After which, your lawyer will then negotiate with the bank, on your behalf, for the possibility of lowering the amount that needs to be settled and for the installment scheme that you can afford.
In the past, there were already numerous cases of misrepresentations committed and the financial institutions concerned had trouble with presenting valid and permissible evidence related to 3rd-party merchant’s business summaries. If you don’t have a competent legal counsel to represent you in this case, then you won’t have the chance to demand evidence or dispute inadmissible ones.
With GM Law, you will be assured that your right as the consumer will be upheld at all times.