Overburdened with Credit Card Debt?

Bankruptcy can help.  According to creditcards.com, there are 609.8 million credit cards held by U.S. consumers, the average American household holds over $15,000 in credit card debt and almost 4% of Americans are behind or over the limit on their credit card debt.   This is a far cry from a generation ago when less than 1 in 4 households held one credit card. Credit card companies thrive off high interest rates, minimum payment, late fees and over-the-limit fees.   All of which work together to keep the average consumer in debt and chained to the credit card company for life. 

Bankruptcy can stop this vicious cycle by discharging this debt, allowing you to start fresh.  In addition federal law requires that each debtor take classes to learn how to manage debt and finances to keep themselves out of predicaments such as this.