Credit cards have certainly put some ease in getting down little Johnny's Christmas list. You don't have to have the cash in your hands to spend on Christmas gifts. Unfortunately, credit cards have made it that much harder to know if we've spent too much. After all, putting your gifts on plastic keeps the amount you've spent "out of sight and out of mind." Well, it does until at least January. The post-holiday bills are often a shock to us and our bank accounts. If you're thinking, "I should just file bankruptcy after Christmas and erase all my credit card debt," an experienced St. Louis Missouri and Illinois bankruptcy attorney might tell you to start on Plan B.
One of the many benefits of Missouri chapter 7 bankruptcy is that you can find a credit card debt solution. But, if you have incurred a lot of credit card debt right before filing, your creditors might become suspicious. It is fraudulent to spend money that you had no intention of paying back because you are filing bankruptcyand your creditors can sue you to repay the debts after the discharge of your bankruptcy.
That doesn't mean that, when you are wondering when to file bankruptcy, you need to cross late December off your list but it does mean that you shouldn't spend money on your credit cards like it's money in your bank account. To truly get credit card debt help for 2010 from Chapter 7 bankruptcy, you should probably put away your credit cards and only spend what you've got.
So, how will you be able to afford Christmas this year? You can keep some of that money you would have spent by following a few holiday short cuts. First, don't get carried away with Christmas lights and the like. Buying four new plastic santas is often an unneeded expense and can be avoided by simply using last year's. Second, if you are traveling, try and find the last minute deals on flights or consider driving. Lastly, consider a gift exchange. If you've got 57 first cousins, buying gifts for all of them will certainly be a headache. Save the trouble and some cash by doing a "Secret Santa" exchange.
If you've followed the rules, you can start looking for debt relief as soon as you need it with Missouri or Illinois Chapter 7 bankruptcy. Where can you start looking? Look for a Missouri or Illinois bankruptcy lawyer who offers you free information before you even step foot in his or her office. The best bankruptcy attorneys in your area should have articles, blogs, and publications to offer you at no charge.
Author Resource:
Missouri Bankruptcy attorney James Brown has been working to relieve the debt of hard-working American families for over 15 years. He has dedicated his career to educating consumers about options for debt relief and has released 5 publications, including, "Get Out of Debt: Secrets Your Creditors Don't Want You to Know." You can request a free copy by visiting his website at http://www.CastleLaw.net .
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