Posted on Mar 12, 2013

In a February survey, nearly half of all Americans said they have more credit card debt than savings.

24% of responders admitted they have more debt on credit than money in the bank. 16% claim to have no credit card debt or savings.

People are living paycheck to paycheck while juggling student loans, medical bills, and mortgages. Having a nest egg may not be a priority. But without any savings at all, this 40% is on the edge of disaster if something bad happens.

Also interesting: credit card debt is hurting people at every income level. Plenty of middle and upper class families are not actually middle or upper class. Perhaps they live like they are, but they are actually deep in debt and worry. If this is you, you're certainly not the only one.

We see this play out in our Kansas City bankruptcy firm every day. Credit card debt affects people from all walks of life and can be an enormous burden.

Perhaps it's keeping you from setting aside money for school, getting good insurance, or living free of stress. Perhaps you wake up every day wondering how you'll pay it all off or whether you can ever get a fresh start.

Chapter 7 bankruptcy can help with credit card debt. If you're in over your head, it's something to consider.

Our Kansas City bankruptcy lawyers offer a free consultation where you can sit down and discuss your situation. We also have a program to help you rebuild your credit score to an A rating in as little as a year.

We offer this program free of charge to all our bankruptcy clients, because we care about your credit and know it can be a big burden on your life.

Contact us today for a free appointment!

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Jason C. Amerine
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President and Owner, Castle Law Office of Kansas City