Discharging Credit Card Debt

Credit Card Debt — Worried Couple Reading a Document in Aiken, SC
Andrew C. Marine Attorney at Law brings more than 30 years of debt relief experience and a commitment to help you understand all the options if you are struggling with unsecured debt. Our team will work with you to take action that works toward a clean slate on financial life. Call (803) 649-0875 to schedule a consultation for credit card debt relief.
Credit Card Debt — Worried Couple Reading a Document in Aiken, SC
Andrew C. Marine Attorney at Law brings more than 30 years of debt relief experience and a commitment to help you understand all the options if you are struggling with unsecured debt. Our team will work with you to take action that works toward a clean slate on financial life. Call (803) 649-0875 to schedule a consultation for credit card debt relief.

About Credit Card Debt

Credit card debt is considered unsecured debt, meaning it’s not secured by collateral. As a result, the debt is usually discharged in bankruptcy. However, cash withdrawals or purchases on a credit card close to filing a bankruptcy petition may not be dischargeable.

In a Chapter 7 bankruptcy, most unsecured debt is completely forgiven. In a Chapter 13 bankruptcy, a debtor is forced to pay some of these debts over three-to-five years. Once a payment plan is completed, any remaining unpaid balance is discharged.