Credit Card Debt in St. Charles, MO

Some people think they are doing OK by only paying the minimum credit card payment each month. While it’s true that this will keep a person current each month, it also means that a debtor will pay the maximum amount of interest possible. If they are able, a debtor should pay as much as possible towards a credit card in order to minimize these interest charges. As a Missouri debt lawyer, I know that it is easy for a person who is only making minimum payments on their credit card to fall into serious debt trouble.

For instance, if a person has a $5,000 credit card balance, their minimum payment each month is 1% of their balance plus interest. Their minimum payment in the first month is $125. Assuming they only made the minimum payment each month, it would take 273 months to pay off their card. In total, they would pay $6,923 in interest on top of their balance.

Credit Card Debt Interest Can Add Up

Credit Card DebtThis shows just how easy it can be to fall into debt problems. A person might think they are doing alright without realizing just how much it is costing them. Suddenly, an unexpected illness or job loss happens and they have no extra money. When this happens, a bankruptcy lawyer can help get your debt problems under control and help with get your life back.

At Westbrook Law Group, we have helped many clients discharge debt in Chapter 7 or reorganize debt under Chapter 13. We will find the right solution for your debt problems and can help keep important assets while getting your debt under control. To learn more about how we can help with your debt issues, call (636) 486-1122 or fill out the online case evaluation.

720 Credit Score

We know reducing credit card debt is a huge priority for you. We also know you want to get back to normal life, and the quickest way to do that is to rebuild your credit score as quickly as possible. We searched high and low for the best credit education program available to our clients. After testing the program (720 Credit Score), we learned that people who have been through 720CreditScore.com’s credit program, are usually able to transform their credit scores within 24 months of declaring bankruptcy.

With this kind of result, we decided to make this program available to every single one of our bankruptcy clients FOR FREE!

The credit education program usually costs $1000.00 for enrollment. However, in order to give as much value to our clients as possible, and to set them up for ultimate financial success in the future, we enroll ALL of our bankruptcy clients into the program at no charge.

Call today for a Free Consultation

When you’re in debt, it’s difficult to focus on anything else. But there are steps that you can take to get out of debt – even if your credit is damaged or your income has been cut off completely! Call our St. Charles bankruptcy attorneys at Westbrook Law Group to find out how to escape the shackles of debt and get relief in Missouri.

What Our Clients Say

“Every person that works in this office is wonderful. Marisa is so kind and helpful. Kathy is always there to answer any questions I may have and Brent was always kind and compassionate with my situation. Not to mention, for having such high ratings and high level of professionalism, they were incredibly affordable. I would suggest them to anyone wanting to reclaim their financial freedom and feel confident in doing so!”

Rating: 5/5 ⭐⭐⭐⭐⭐
Ciara Flack
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Filing a Chapter 13 for a Fresh Start

Chapter 7 Bankruptcy: The BasicsIf you’re in over your head financially, call Westbrook Law Group today to schedule a free initial consultation with an experienced Chapter 13 lawyer in St. Charles and Troy, MO. Together, we can evaluate your financial situation and determine what the best course of action is to quickly put you back on track. We understand that the people seeking our services are having financial difficulty, and as a result, offer competitive rates and payment plans. To help our clients rebuild credit after bankruptcy, we offer 720CreditScore‘s credit program to all our clients free of charge! We also are available to meet with you in the evening or over the weekend, by appointment. Call us today at (636) 486-1122 or fill out our online case evaluation and someone will get back to you shortly.

Learn how to maintain your financial freedom after getting out of debt by creating a budget in 6 easy steps.

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