Wootton & Wootton, P.C.

Bankruptcy Help For Everyday People

Call Today For a Free Consultation
919-794-8660
View Our Practice Areas

Serving Clients Throughout North Carolina For Over 20 Years

3 steps to take if you are behind on your credit card payments

It is scary when you are unable to make even the minimum payments on your credit card bills. If you are a few months late on multiple payments, you may be panicking. You may not think you will ever be able to catch up.

However, you do not need to give into the fear. There are various actions you may be able to take to address your credit card debt. Here are some steps you may want to consider if you are falling behind on your credit card payments.

1. Contact your creditor

It may feel strange and intimidating, but one of the first things you may want to consider is get in touch with your credit card issuer. Your credit card company cannot help you if you do not ask for it. According to U.S. News, here is what you should discuss with your credit card issuer:

  • The reasons you are falling behind, such as a job loss or medical emergency
  • When you will be able to make another payment
  • Whether you are able to pay any amount right now

Some credit card issuers have hardship payment plans to help people like you get back on track.

2. Try to get some extra money

It can be very important to try and get current on your payments. If your current income is not sufficient, you may want to look for other ways to earn some cash, such as selling unwanted items, babysitting, cutting lawns, or cutting out a monthly expense such as a gym membership or cable.

3. Get outside help

If you realize you are not able to even satisfy the minimum payments, you may need to seek debt relief solutions. Do not feel shame for taking more serious action when it is necessary. Depending on the circumstances, you may need to think about filing for bankruptcy. Declaring bankruptcy could help wipe out your debt and stop creditors from harassing you. In some cases, it may be the most effective way to get a fresh financial start.

No Comments

Leave a comment
Comment Information

Learn How To Get A Fresh Start

Don't struggle with debts a day longer than necessary. Fill out this form to email our attorneys today.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Durham Office
3200 Croasdaile Drive
Suite 504
Durham, NC 27705

Toll Free: 800-610-3643
Phone: 919-794-8660
Fax: 919-382-2042
Map & Directions

Henderson Office
1775 Graham Avenue
Suite 104
Henderson, NC 27536

Toll Free: 800-610-3643
Phone: 919-794-8660
Fax: 919-382-2042
Map & Directions