Wyoming Credit Card Debt Lawyers

Are you struggling with a large amount of credit card debt that you’re unable to pay off on your own? Did you just have a lawsuit filed against you by your creditors? If so, you should strongly consider hiring a team of seasoned Wyoming credit card debt lawyers who can help you negotiate with your creditors, protect your rights as a consumer, and guide you through the process of clearing your debt and moving on with your life. Contact 307 Bankruptcy to schedule your initial consultation with our knowledgeable legal team.

Credit Card Debt Lawyers Serving Clients in Wyoming

There are several advantages to hiring a team of competent Gillette bankruptcy lawyers to represent you. To start, an attorney can assess your financial situation, and, from there, your attorney will help you decide on the best course of action. Credit card lawyers have experience in dealing with creditors and are familiar both with the tactics creditors typically use and the laws and regulations that work in your favor.

The job of a credit card debt lawyer is to ensure that you are treated fairly and that you get the best outcome possible so you can move on with your life. Additionally, once you hire a credit card attorney to represent you, your lawyer will act as a buffer between you and your creditors, meaning you will no longer have to deal with them directly. This not only frees up your time but also reduces the stress of having to advocate for yourself.

Is Credit Card Debt Dischargeable in Bankruptcy?

If you’re drowning in credit card debt, you may be wondering if filing for bankruptcy could help provide the relief you desperately need. The good news is that credit card debt is generally dischargeable in bankruptcy, meaning you can eliminate your obligation to repay it under certain conditions. However, whether your credit card debt will be discharged depends on the type of bankruptcy you file and your specific circumstances.

Under Chapter 7 bankruptcy, credit card debt is typically categorized as unsecured debt, which means it isn’t tied to any collateral. As a result, this type of debt is often eligible for discharge, giving you a fresh financial start. That said, it’s important to note that any fraudulent charges on your credit cards may not be dischargeable. For example, if you recently made large purchases or cash advances with no intention of repaying, those debts could be flagged by the court and excluded from discharge.

In contrast, Chapter 13 bankruptcy allows you to restructure your debt through a court-approved repayment plan. While you may not completely eliminate your credit card debt, you’ll likely pay back only a portion of it over three to five years, with the remaining balance discharged once you complete the repayment plan. This option can help individuals who have regular income but need time to get back on their feet financially.

Contact Our Bankruptcy Lawyers Today

Don’t face significant credit card debt on your own. Contact the knowledgeable team of Wyoming credit card lawyers here at 307 Bankruptcy for comprehensive representation today.