Legal Help With Credit Card Negotiations From Jacksonville Attorneys

If the major source of your financial worries is credit card debt — you have several different options available to you.

If the debt is extremely high and you have lost your job or have other unexpected expenses, then you may want to consider bankruptcy.

Under other circumstances, however, bankruptcy may not be the most attractive option. It may not even be the best option. Before you file a bankruptcy petition — and before your credit card companies seek wage garnishment to collect the debt — get advice about your credit card repayment options from a well-established local law firm.

An Ethical and Responsive North Florida Law Firm

Arnold & New is a highly-regarded Jacksonville law firm with clients throughout North Florida, and southeastern Georgia. A significant portion of our law practice is devoted to debt relief measures — including bankruptcy petitions, home loan modifications, credit card negotiations and negotiations with the IRS.

At our firm, you can rest assured that your case will always be handled by a knowledgeable attorney. Furthermore, we do not ask our clients to pay fees up front — before they know what results we can obtain for them. Instead, we place your funds into a trust account, only withdrawing fees as we perform work on your behalf.

Negotiations With Credit Card Companies to Reduce Debt

Credit card companies do not want you to know that you have negotiation power regarding repayment of your debt. If the credit card company will not negotiate lower payments or a reduction in the amount of the principal, you can always consider filing a bankruptcy petition in order to erase the debt or force a modification in the terms of repayment.

For these reasons, credit card companies often respond favorably to reasonable requests for modification of repayment terms. Often known as voluntary repayment agreements, these modifications may lower your interest rate, lower your monthly payment obligation and even reduce the amount of the principal.

Contact Arnold & New

If you are falling behind on credit card payments — or if your credit card company has initiated debt collection procedures against you — contact us immediately for a consultation. We can help you decide the best way to proceed and the quickest way out from under a mountain of debt.