Pensacola, Fla. – Due to the coronavirus pandemic, many individuals have turned to credit cards throughout the past year. Unfortunately, many are now seeing the ugly outcome of built-up credit card debt. Lewis and Jurnovoy, chapter 13 bankruptcy attorneys in Pensacola, FL, are warning clients to beware of credit card companies beginning to file lawsuits on debtors again after a long period of reluctance to do so.
Bankruptcy lawyer Martin Lewis states: “It is important for people to be able to identify warning signs that they may have financial problems, such as credit card debt or credits calling for collection.”
Credit card debt is difficult to pay back. Making minimum payments often makes for an extremely lengthy process. When a credit card company files a lawsuit against a debtor, they request legal judgments so that they can garnish bank accounts, garnish wages, or take away assets. Many people who used credit cards during the pandemic have not experienced aggressive creditors because creditors have been reluctant to push during the difficult year. However, as creditors get more aggressive, those with built-up credit card debt will be in for a shock if they have not prioritized paying it off. With credit card bills from the holidays beginning to strike, debtors should keep a close watch on their individual financial situations.
“Recognizing warning signs is the best way to know you need help and to visit a bankruptcy attorney to determine your options for getting out of your finical hole. If you are struggling, the best time to call is now,” says bankruptcy lawyer, Steven Jurnovoy.
Martin Lewis and Steven Jurnovoy have been helping people file for chapter 13 and chapter 7 bankruptcy since 1998. Whether a client is struggling with credit card debt or various other sources of debt, Lewis and Jurnovoy can help. They serve clients across the Florida Panhandle in Crestview, Panama City, Pensacola, and Fort Walton Beach. For more information, give them a call at (850) 409-3350 or visit their website at lewisandjurnovoy.com.
The primary emphasis of our law firm is in the representation of individuals in Chapter 13 bankruptcy, Chapter 7 bankruptcy,mortgage foreclosures, mortgage modifications and protecting against abusive debt collectors.
1100 North Palafox St
Pensacola, FL 32501
July 29, 2022 – Pensacola Bankruptcy Attorneys Examine Reasoning Behind Recently Vetoed Bill
June 01, 2022 – Pensacola Bankruptcy Attorneys Discuss Efforts Made to Decrease Impact of Medical Debt on Credit Scores
April 29, 2022 – Pensacola Bankruptcy Lawyers Discuss the Increase in Bankruptcy Filings
March 24, 2022 – Pensacola Bankruptcy Lawyers Discuss a New Platform Called Epiq Bankruptcy Analytics
February 17, 2022 – Pensacola Chapter 7 Attorneys Discuss the Possibility of Bankruptcy Benefiting Those with High-Interest Student Loans
January 31, 2022 – Pensacola Bankruptcy Lawyers Discuss Post-Bankruptcy Home Hunting
December 29, 2021 – Pensacola Bankruptcy Attorneys Urge the Community to Consider Immediately Seeking Debt Help
November 29, 2021 – Pensacola Bankruptcy Attorneys Discuss the Increase in Debt Collection Activities
October 27, 2021 – Pensacola Bankruptcy Attorneys Discuss New Artificial Intelligence that Predicts Bankruptcy
September 21, 2021 – Pensacola Bankruptcy Lawyers Explain the Backlash Bankruptcy Courts are Receiving from Congress