Many people in Louisiana make most of their larger purchases (i.e., homes, cars, vacation property, etc.) via charge accounts. It’s understandable since the average person doesn’t have a quarter of a million dollars lying around to buy a house in cash. Occasionally charging things is a good way to build up a credit score as well. The problem is that it’s easy to go from “occasionally” to “usually,” and before you know it, you’re facing serious credit card debt.

It’s really not that uncommon to face a bit of credit card debt here or there; most people do at some point in their lives. For instance, even if you’re someone who prefers to shop by cash, you may face unexpected medical bills or other financial crisis that you are unprepared to meet; therefore, using a credit card can be a swift resolution to an immediate problem. When credit card use gets out of hand, however, it becomes the problem and solutions may be difficult to come by.

When creditors call several times a week and bills are piling up without getting paid, it may be time to review your financial situation. Such circumstances can lead to even graver problems, such as threat of foreclosure or repossession of your car or some other property. If you’re unable to rectify a dire situation by simple means, such as shopping less, using cash or getting rid of nonessential items, it may be necessary to consider other options.

In such times, an experienced debt relief attorney can be a helpful resource. At Simon, Fitzgerald, Cooke, Reed and Welch, we have successfully helped many Louisiana clients overcome credit card debt and develop plans for reorganizing finances to set the tone for more stable futures. If you have questions about bankruptcy laws or wish to discuss a particular financial problem, you may request a meeting with one of our attorneys.