According to a new survey, many American families are still affected by overwhelming credit card debt, although the number is decreasing, an April 10 article of KOMO News stated.
In the survey conducted by the National Foundation for Credit Counseling (NFCC), it was revealed that one in three family members is having trouble paying the monthly credit card balance. Those individuals who fail to pay their monthly dues eventually struggle with their debt because of the accumulating monthly interest. To manage credit card debt, NFCC Vice President of Communications Bruce McClary suggests that people should faithfully pay their monthly credit card balance in full.
If you are heavily burdened by overwhelming credit card debt, enlisting a lawyer could help you understand the legal options available to you that may help you recover from your debt. Call the Birmingham lawyers of Greenway Bankruptcy Law, LLC, today at (205) 324-4000 to find out how we may work for you.