Quinn Law Firm - Attorney

call Us Today

814-806-2518

bankruptcy Archives

Deciding on bankruptcy to clear credit card debt

Credit card use is one of the easiest ways to get into high amounts of debt. This is because credit cards are extremely easy to acquire. In addition, the interest that is charged on unpaid balances and fees charged for missed payments means that getting clear of the debt can feel like a never-ending battle.

Am I filing for personal or corporate bankruptcy?

Bankruptcy may sound like a dirty word, but it can mean a new beginning if it used correctly to settle debts or reoganize your finances. Both individuals and companies can file for bankruptcy, and understanding the differences can make it easier to know how to pursue it as a correction to dire financial straits.

Don't fall victim to debt relief scams

It is widely known that many of our nation's citizens struggle daily with insurmountable debt. In most cases, these people did nothing wrong. Life circumstances and sometimes even bad luck may contribute to financial difficulties. They may have lost a job or had to shut down a struggling business. However, once debt occurs, we all know that the right help is critical to overcoming the hardships created by high amounts of debt.

Clearing credit card debt doesn't need to be stressful

Many people dread receiving their credit card bills each month for fear of the interest and various fees that they will have to pay. Accumulating debts on credit cards has become a common problem in the state of Pennsylvania, and it is not a good habit to have, since the interest can be a source of additional debt and higher payments.

After bankruptcy, should you apply for new credit cards?

Credit cards can cause debt problems when people do not use them responsibly. This is especially true because the high interest rates can massively increase debt when it is not paid off on time. So, should you consider getting a new credit card if you just filed for bankruptcy?

Key considerations before making a bankruptcy filing

Making the decision to file for bankruptcy, either as an individual or as a business, is never an easy decision to make. Although it is never the first choice out of the many options one has when first encountering financial difficulties, it can allow people and commercial entities to win back their freedom by successfully paying off their debts.

Request A Consultation

Learn More At A Consultation

Put our experience and skills to work for you today by contacting us online or by calling our office in Erie at 814-806-2518.

  • 100 Years 1918-2018 Quinn Law Firm A tradition of trust
  • erie's Choice Readers Poll Finalist 2017

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Quinn Law Firm
2222 West Grandview Boulevard
Erie, Pennsylvania 16506

Toll Free: 866-641-8996
Phone: 814-806-2518
Fax: 814-833-6753
Map & Directions