Canceling a Credit Card

For many people, credit cards are tempting offers. Spending money now and paying later may seem like an ideal scenario. Unfortunately, the repercussions of this type of financial mismanagement can be devastating, and may even result in bankruptcy.

If you are having difficulty paying off your debts, it may be in your best interest to speak with an experienced debt negotiation attorney. Contact the New Orleans bankruptcy attorneys of the Law Office of David D. Kervin, Jr., LLC to discuss the details of your financial predicament. Call 504-599-5906 today to schedule a free initial consultation.

Should I Cancel My Card?

If you have had repeated problems with budgeting and overspending, you may wish to cancel your credit card in order to avoid temptation. Unfortunately, for many credit card users, this can be damaging to your credit score. Credit scores go up when consumers use, and continuously pay off, their cards.

If you have recently conquered your card and received that satisfactory statement that reads “you owe: $ 00.00” you may wish to cancel the card and move on, debt free. Cancelling your card, however, is not generally advisable. It is more beneficial to continue making small purchases that you can afford, and pay off your card immediately.

Contact Us

If you are struggling to keep your head above water, you may take solace in the advice of an experienced debt negotiation attorney. To speak with an experienced New Orleans bankruptcy lawyer contact the law office of the Law Office of David D. Kervin, Jr., LLC today by calling 504-599-5906.