|
Brian Mengel, Civil Servant
|
The bankruptcy bills now before Congress give certain credit card debt priority equal to unpaid taxes and overdue child support, and make the IRS the national standard for living expenses rather than actual living expenses controlling in bankruptcy repayment plans.
|
|
John Fielding, CEO
|
Credit card companies report delinquencies declining however consumer bankruptcy filings increased 20% over last year and 85% of all consumer bankruptcies cited credit card debt as the cause for filing.
The credit card industry has aggressively lobbied for reform to the bankruptcy system to reduce the growing number of filings, but consumer groups argue that the legislation would hurt consumers, and would eliminate access to a much-needed fresh start to people overwhelmed by debt.
Credit card debt reduction through the negotiation of a settlement plan to avoid personal bankruptcy.
|
|
Mike Enlow, Internet Marketer
|
Below is a listing of available credit cards and loan products that may meet your needs: First Premier Bank offers both secured and unsecured credit cards to those who need to re-establish credit after bankruptcy.
Many of our clients even receive solicitations for unsecured credit cards almost immediately upon receiving their bankruptcy discharge.
Many credit card companies are also willing to reaffirm your debt with them and reinstate your line of credit after the bankruptcy.
|
|
|