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Helping good people through bad times

Helping clients achieve credit card debt relief

For many Tennessee residents, high credit card debt affects a resident's financial future. Good credit is very important for a higher standard of daily living, such as purchasing automobiles or obtaining a home mortgage. At our law firm we have helped many clients rebuild their financial health and security after addressing mountainous debt.

In many cases, credit card debts are incurred due to multiple credit card use. In such cases, the debtor creates a credit card debt trap where he or she mainly pays off the debts of one credit card by withdrawing money from the other. In these cases, the debtor actually goes round and round with the debt level, never actually repaying any of it.

At our law firm we attempt to help determine and implement a workable credit card debt repayment plan. Stabilization of credit card debt may help the debtor get out of the present debt hole and begin to build a solid base for future financial security.

Oftentimes, credit card companies may be willing to sit down with debtors to work out a repayment plan outside of the court system. Some cases see the credit card company unwilling to work out a new repayment plan, so there may be a need to seek out alternate solutions in order to help the debtor. Regular monthly payments and vigilant monitoring of credit card accounts and savings accounts will provide the debtor constant awareness about his or her financial condition, which helps advance the steps to financial security.

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Kenneth C. Rannick, P.C.
4416 Brainerd Road
Chattanooga, TN 37411

Phone: 423-624-4002
Toll Free: 800-257-7594
Fax: 423-624-0509
Chattanooga Law Office Map