Credit Card Debt & Bankruptcy

Do Not Be Dragged Down by Credit Card Debt

Phoenix — Chandler — Mesa — Tempe

The truth has finally caught up with the mortgage crisis. Lenders really did behave predatorily, and sold countless mortgages to borrowers for homes they could not afford, at rates and terms that were too high and too confusing, and that disguised borrowers' risk.

Likewise, at the Law Offices of Jim Olsen we feel that credit card companies, in their greed, have enabled inexperienced and financially at-risk individuals and families to become financially encumbered. Credit limits are often set too high. College students and college-aged kids are targeted when they are too young, and are not yet able to successfully plan and budget their finances. Furthermore, rates adjust too quickly and too much when even a single payment is late.

In a time when incomes are shrinking, jobs are disappearing, insurance for unexpected medical problems is evaporating, and equity and real property values are fluctuating, you should not be hopelessly encumbered by credit card debt. At the Phoenix and Chandler, Arizona, bankruptcy law firm of Law Offices of Jim Olsen, we can help you make a financial fresh start.

"I had an uphill battle the whole way … got almost every single thing that I asked for." — Former client

You do not need to spend years and decades paying off credit card bills, with your life and freedom held hostage to debt and interest. We can negotiate with your creditors, or file Chapter 7 bankruptcy.

Chapter 7 bankruptcy can erase your credit card debt, allowing you a fresh start. Chapter 7 bankruptcy liquidates your unnecessary property and uses the proceeds to partially pay off creditors like credit card companies, leaving you with greatly decreased debt and, most often, your home, personal property and car.

Do not use the bulk of your income to pay credit card companies interest of 23.99 percent and higher. Instead, contact our attorney team for a no-charge discussion of how we can help.

Contact Us

If you have questions regarding credit card debt, contact our firm. We offer free initial consultations and charge reasonable and competitive rates. Our Phoenix office is conveniently located downtown, and our Chandler office is located near the 202 and 101 interchange. Call us at 602-324-7297 or contact us online.

We are a debt relief agency. We help Arizona people file for bankruptcy relief under the Bankruptcy Code.