NextPrevious

Credit and Bankruptcy Law

Introduction

What should you do if you have too much debt?

First, you might try to lower your use of credit cards and cut down all luxury or nonnecessity purchases. You then should consider developing a budget. Most people do not realize that they live beyond their means or how much they currently live beyond their means. A good budget plan can be a real eye-opener.

Additionally, you might consider contacting several of your creditors to see if you can reduce the annual percentage rates (APR) that are burdening you with excess interest. You might also consider speaking with an attorney well-versed in credit, debt, and bankruptcy law to see what are your available options.



Close

This is a web preview of the "The Handy Law Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App