Jump To Navigation

Eliminating Credit Card Debt In Arizona

Posted on May 31st, 2014

Arizona residents may have discovered during the recession that, in difficult times, it can be easy to accumulate credit card debt. In an online poll, one in five Americans said that they believed that having a balance on a credit card every month was a responsible way to manage finances. However, if a debt is constantly growing on a credit card, the owner may not be able to afford to maintain the card, making it harder to take out another line of credit elsewhere.


Not only could the consumer be limited in borrowing immediate funds for emergency situations, but a person’s credit score can be damaged by allowing credit card debt to go unpaid. There are a few things that unemployed or underemployed people can do to try to alleviate their financial difficulties.


The first suggestion from financial experts is to earn more money. As the holidays approach, consumers may want to consider taking on temporary retail positions while they search for more permanent career opportunities. It is also recommended that income earners put aside 10 percent of their earnings towards savings for emergencies.


Individuals with debt are advised to make themselves knowledgeable about what they owe and what they are spending. If after reviewing one’s finances it is determined that there is no feasible way of coming back from the amount of debt incurred, consumers may want to consider filing for personal bankruptcy.


Filing for bankruptcy could allow consumers to wipe the slate clean and start over with more responsible financial planning. If you are in Arizona, contact an Arizona bankruptcy attorney might examine the situation to determine whether filing for bankruptcy is the best option.


Source: US News and World Report, “How to Avoid Credit Card Debt“, Kimberly Palmer, September 25, 2013

Contact Us for a Free Consultation
Office Locations

Phoenix Office One
Wright Law Offices
2999 N. 44th St., Ste 600
Phoenix AZ 85018

Telephone: 480-845-0145 / 866-703-3287
Phoenix Law Office

Phoenix Office Two
Wright Law Offices
668 N. 44th St., Ste 320
Phoenix AZ 85008

Telephone: 480-845-0145 / 866-703-3287
Phoenix Law Office

Scottsdale Office
Wright Law Offices
7135 East Camelback Road, Ste 230
Scottsdale AZ 85251

Telephone: 480-845-0145 / 866-703-3287
Scottsdale Law Office

Tempe Office
Wright Law Offices
2238 S. McClintock Dr.
Tempe AZ 85258

Telephone: 480-845-0145 / 866-703-3287
Tempe Law Office

Avondale Office
Wright Law Offices
12725 W Indian School Rd, Suite E-101
Avondale AZ 85392

Telephone: 623-258-4480 / 866-703-3287
Avondale Law Office

Mesa Office
Wright Law Offices

4856 E. Baseline Rd.
Suite #104
Mesa, AZ 85206
Telephone: 480-845-0145 / 866-703-3287
Mesa Law Office

Glendale Office
Wright Law Offices
20325 N. 51st Ave., Suite 134
Glendale, AZ 85308
Telephone: 623-258-4480 / 866-703-3287
Glendale Law OFfice

Facebook IconTwitter IconVisit Us On Google+Visit Us On Google+