Buried in Credit Card Debt: $80,000 Eliminated via Chapter 7
Case Overview: Client A, an office worker in their 30s residing in New Jersey, began relying on credit cards to cover living expenses early in their career. Due to inflation and unexpected vehicle repair costs, they turned to personal loans to pay off existing debt. However, the interest snowballed, and the debt quickly ballooned to $80,000. Client A was trapped in a cycle where most of their paycheck went toward interest payments, and aggressive collection calls were beginning to threaten their employment stability.
Song Law Firm’s Assistance: Client A hesitated to file for bankruptcy, fearing the loss of assets or a permanent stain on their record. The Bankruptcy Team at Song Law Firm conducted a thorough financial analysis and confirmed that Client A passed the “Means Test,” qualifying them for Chapter 7 (Liquidation Bankruptcy). Upon filing, we immediately triggered the “Automatic Stay,” legally halting all collection calls, letters, and harassment from creditors.
Result: The court granted a full discharge of the $80,000 in unsecured debt. Client A was freed from the stress of debt collectors and was able to start saving money again, securing a true “Fresh Start.”
[Contact Us for a Consultation] Overwhelmed by credit card debt? You don’t have to face it alone. Song Law Firm is your shield.
💬 KakaoTalk Channel: Song Law Firm 📞 Phone: 201-461-0031 📧 Email: mail@songlawfirm.com 🌐 Website: www.songlawfirm.com
Disclaimer: These success stories are based on actual cases that have been reimagined for privacy. Past results do not guarantee similar future outcomes. Legal results may vary depending on the individual facts of each case.
