San Antonio Bankruptcy Lawyer | Helping People In Financial Trouble Relieve Their Pain

CAT | Credit Card Debt Settlement

micgarattituderacing asked:

I have a store credit card with a $2000 limit can i transfer to another store credit card like a wal mart card both cards have the same bank GE money bank. the reason im asking this is because the one with $2000 limit is from a shady company peach direct i did not like there service and my credit with them is a perfect 2000 dollars just want to transfer that balance to the wal mart card so i can actually use the money towards my advantage. like i said they are both funded by ge money bank. If you guys could help out on some answers I would really appreciate it thanks.

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    Snaox asked:

    Can somebody give me a step by step guide so that I can pay with my credit card? Everytime I try to buy something, it automatically goes to my bank account! Can somebody help me out?

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      slb2009 asked:

      Is anyone familiar with the First Premier Bank credit card? It is a credit card for people with bad credit and they say they report to the credit bureaus every month to help rebuild credit. Has anyone used them and if so does it work? They give you a $250 credit limit but with fees of $179 so your credit limit is only $71 at first. I have tried to get other cards but am denied. Please tell me if this card is legit.

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        LinnyS asked:

        Hi. My husband and I are in way over our heads & I would really love some helpful ideas. We have $30,000 in credit card debt, $15,000 in car loans, & a home loan for $145,000 (worth $180,000). I work 3 part time jobs & my husband works 1 full time & 1 part time. We bring in about $60,000/year & we have two kids. I work from home for one job and the other two are when my husband is home. That way we don’t pay daycare. My daughter is special needs and needs to be enrolled in a preschool to help her development, this is $250/month & cannot be eliminated. We do actually make it every month, by the skin of our teeth but we have no savings & every time something goes wrong (the stove breaks, the fridge starts smoking, etc) it causes major problems. We don’t qualify for home equity loan b/c our debt ratio is to high. We don’t want to be rich we just want to be able to do fun things like go to a movie together instead of not being able to b/c we need to pay the gas bill. Any advice?

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          Janie asked:

          I reached my credit limit months ago, but every month I make sure to pay at least my minimum payment. I thought that making at least my minimum payment would help me avoid paying interest. I even have automatic payments setup so I’m aways on time. But I recently found that a finance charge was deducted from my account. How do I avoid another?

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            Donald L asked:

            I’m trying to establish good credit to improve my FICO score. I have no credit cards, one or two small collections( which I plan on paying off this month) and a car loan which I pay on time every month since Feb 08 (when I first purchased the car). I have not seen a difference in my score since getting the car loan. PLEASE HELP!!
            I also have a few inquires.

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              This post is a guest article by Jack Hudson

              A bankruptcy lawyer – How he guides you through the process

              As the US national debt level is spiraling out of control, an increasingly large number of people are resorting to bankruptcy. Even after exploring the alternatives to bankruptcy and seeking help of the debt settlement companies, a large number of people are filing bankruptcy to start a fresh new financial life. Most people are worried about the entire process of bankruptcy but you battle against debt is almost half won if you have a bankruptcy lawyer by your side. Have you ever thought of the hassles you can go through if you go through the process of bankruptcy alone? There are multiple legal aspects of bankruptcy that can be well comprehended with the help of a bankruptcy lawyer. Read on to know how a bankruptcy lawyer assists you throughout the bankruptcy procedure.

              How can the bankruptcy lawyer help you in filing bankruptcy?

              You need to contact a bankruptcy attorney whenever you decide to file a bankruptcy. You must not hide any information from the lawyer as you have trust on him before handling your finances over to him. All details that may go against you must also be confided to the lawyer. The bankruptcy lawyer will ask you to go for a session of pre-bankruptcy credit counseling at least 6 months before filing bankruptcy. After going through the grueling session of debt counseling, you need to hand over all relevant papers to him to prove that you have undergone this mandatory credit counseling session. Important documents will include your assets, income and monthly expenditure.

              The role of a bankruptcy lawyer in Chapter 13 bankruptcy

              If you file bankruptcy, you have to go through a Means test and once it is completed to determine that your monthly income doesn’t qualify for Chapter 7, the bankruptcy lawyer will ask you to file Chapter 13. Then the lawyer will work out an alternative repayment schedule for you and will try his best to get it approved by the bankruptcy court. Once it is approved, you have to start off with the monthly installments in order to be able to wrap up your debts within a span of 3-4 years.

              The role of a bankruptcy lawyer during Chapter 7 bankruptcy

              Your bankruptcy lawyer will advise you to file Chapter 7 if your source of income is exhausted due to a sudden job loss or a major accident. He will conduct the Means test where he’ll help you calculate your monthly income and expenses since the last 6 months. This amount of income will be compared with the median average income of other households. In case you qualify for a Chapter 7, your bankruptcy lawyer will coordinate with the trustee and assist him in disposing off your assets to pay off your debts.

              Since you’ve incurred huge amount of debts and not got desirable results from debt settlement companies, you may not be in a state to think logically about your financial state. In such a situation, a bankruptcy lawyer will assist you in choosing the right kind of bankruptcy according to your mentioned income and expenses. This entire process saves a lot of effort and time.

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                RubenT asked:

                I have 3 Credit Cards:
                (1) $4000 balance with interest of 9.00%
                (2) $500 balance with interest of 22.00%
                (3) $350 balance with interest of 19.00%

                Should I start with the $4000 credit card or should I start off with the one with the highest interest?
                Any help would be greatly appreciated thanks!

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                  Maddy B asked:

                  College students, around 20 years old, hasn’t got a lot of money and has to buy something like gas and stuff.

                  What is the best credit card for him: Bank of America, Wells Fargo, Washington Mutual, City Bank, Chase, Discovery….

                  Need your help! Thank you!

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                    shoes101 asked:

                    I am being sued for some old credit card debt, about 2,000. My hearing is three weeks away. I have absolutely no money to pay. What options do I have? What can I do? Please help!

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