I HAVE OVER 100 THOUSAND IN CREDIT CARD DEBT….I AM 70 YEARS OLD AND ONLY GET 850 A MONTH SS ..I AM IN A MESS
HOW DO I FIND A GOOD LAWYER THAT ONLY HANDLES CREDIT CARD DEBT?
It is easy to find a good local bankruptcy attorney and have a free discussion about what bankruptcy would mean for you. Bankruptcy is the fastest way to get a fresh start for the least amount of money.
In your situation, a Chapter 7 bankruptcy would seem like the most appropriate solution given the facts you shared. No other debt relief solution appears to make much sense.
It does not appear there is much chance of you being able to repay the debt on your limited income. Unless you have some very valuable assets sitting around, a quick disposable of the debt and getting you back living within your limited income is going to be the most logical course of action.
What concerns me is what drove the credit card debt. It is very possible that the debt accumulated by using credit to help make ends meet. When the credit card debt is eliminated, the access to those credit cards will vanish as well. You will have to make a determined effort to live within your Social Security check and any other benefits you might be eligible for.
The debt is relatively easy to handle but living with the additional access to borrowed money is going to probably be the toughest part.