Credit Card Debt After Chapter 7 Bankruptcy: How to Avoid It!

author by Gregory Mark Fitzgerald on Feb. 05, 2019

Bankruptcy & Debt Credit & Debt Bankruptcy & Debt  Collection Bankruptcy & Debt  Bankruptcy 

Summary: Not everyone who files for Chapter 7 bankruptcy is necessarily guilty of money mismanagement; illness, unemployment, or an accident may have caused their finances to spiral out of control.

"For the average household today, debt is over $135,000 to include a mortgage. And while auto loans and credit cards are a major consideration, student loan debt has a growing percentage of the 44 million borrowers in the US extremely stressed out; in fact, they may have been so financially challenged that they were driven into filing for bankruptcy."

Read the entire article on the official Fitzgerald & Campbell, APLC blog.

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