Bankruptcy doesn't have to be something bad.
It can actually be the start of something good.
Your situation is unique, and it's personal.
Your attorney should be as well.

Figures and Facts on Credit Card Debt

For many Americans, the strength of their purchasing power is not necessarily backed by a high-paying job or a powerful investment strategy. Instead, many Americans, especially in these tough times, rely on the weight of plastic to carry their finances. However, for as useful as credit cards may be, they can also be very problematic when debt gets out of hand.

If you are unable to pay back what you owe on credit cards and other financial commitments, bankruptcy may be right for you. For more information, contact a Birmingham bankruptcy lawyer of Greenway Bankruptcy Law, LLC, at (205) 324-4000 today.

Credit Card Statistics

Over the past decade, the average American has gone through some fairly unprecedented financial challenges. Overall debt has increased rapidly and to a point where many consumers cannot make regular payments. Foreclosures and repossessions have become common in many areas. Consider some of these following figures on credit card debt:

  • Overall, U.S. citizens owe over $886 billion
  • Individually, this averages to $5,100 in credit card debt per card holder
  • Of the $886 billion, $69 billion accounts for past-due payments
  • The highest state average, Alaska, is at $7,665 per card holder
  • The lowest state average, Iowa, is at $4,247 per card holder

Part of the problem with credit card debt remains the ease of debt offering. Americans were estimated to receive at least 5.3 billion offers for a new credit card in 2007 alone.

Contact Us

If you have become overwhelmed by credit card debt and simply cannot make payments on your loans, it is important to recognize that you still have options. To learn more about bankruptcy and how it may be able to help you, contact a Birmingham bankruptcy attorney from Greenway Bankruptcy Law, LLC, by calling (205) 324-4000.

"When I had my power cut off because I just didn't have the money to pay the power bill, a friend suggested I call Paula Greenway. From the moment I walked in her office I felt like a burden was lifted from my shoulders."
Robin M
"I would just like to say that I was impressed by the staff of Greenway Bankruptcy Law, LLC and their attention to professionalism. They made the bankruptcy process not only pleasant but simple."
Jennifer S.
I can't tell how comforting it is to know your attorney is working on your case. I would and have recommended their service to friend and associates."Ed H.
"I would like to thank Greenway Bankruptcy Law, LLC for the way in which they handled my bankruptcy case."
Robert M.
Schedule an Appointment
In the News

Greenway Bankruptcy Law, LLC
505 20th St N #1220
Birmingham, AL, 35203
Phone: (205) 324-4000
Tuscaloosa: (205) 737-3350
Gadsden: (256) 467-6650

home  |  firm profile  |  practice areas  |  articles  |  faqs  |  blog  |  contact us  |  evaluation  |  sitemap  |  Log in
Greenway Bankruptcy Law, LLC All rights reserved. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

Greenway Bankruptcy Law, LLC 505 20th St N #1220, Birmingham, AL, 35203 | Phone Number: (205) 324-4000 |  Directions | Paula Greenway+