<\/span><\/h3>\nThe biggest scam out there is that you are current on your cards if you are making the monthly minimums. You aren\u2019t current. You are paying the Vig to a loan shark not to break your legs. In exchange, the lender is making money selling you the delusion that you are current. The balances never go down and the credit card lenders keep making money off you.<\/p>\n
If you are only paying the minimum required payment on your credit card bills each month (generally about 2% of the outstanding balance), and the interest rate is 20%, it will take you over twenty years to pay off a $10,000 debt. Is this really where you want to be? Filing a bankruptcy with Phoenix Fresh Start Bankruptcy Attorneys will eliminate these debts and allow you to get a meaningful fresh start.<\/p>\n","protected":false},"excerpt":{"rendered":"
Below is the third installment of questions commonly raised by Arizonans about Chapter 7 Bankruptcy. Because each situation is different, the best thing you can do if you have questions is meet with an attorney at Phoenix Fresh Start Bankruptcy Attorneys to discuss all of your options and alternatives. Will Chapter 7 Bankruptcy Stop the Lawsuit That Was Filed Against me? Chapter 7 will stop a lawsuit in its tracks. If you are being sued, bankruptcy may be a better […]<\/p>\n","protected":false},"author":1,"featured_media":2434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,36,351],"tags":[],"_links":{"self":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/2506"}],"collection":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/comments?post=2506"}],"version-history":[{"count":0,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/2506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/media\/2434"}],"wp:attachment":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/media?parent=2506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/categories?post=2506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/tags?post=2506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}