Kentucky consumers who are attempting to get out of credit card debt may want to make more than the minimum monthly payment. According to the American Consumer Credit Counseling, individuals should put 5 percent of their income toward paying down debt. However, paying anything above the minimum required payment is considered a good move. This is because it can take about 23 years to pay off a balance of $8,000 making only minimum payments.
Get Sound Advice In A Free Consultation
For sound bankruptcy advice you can count on, from a skilled lawyer who truly cares about your future, contact the Louisville Law Office of Allan E. Dunaway, PLC. We have two convenient locations: Louisville, Kentucky, and Jeffersonville, Indiana. Our main office in Louisville is located off the beaten path so you won't have to deal with downtown traffic and can pull right up to our door and walk right in.
Call us at 502-785-1005, or send an email message. Our law firm welcomes the opportunity to serve you in any way we can.
If for some reason personal bankruptcy is not for you, if you do not qualify for the Chapter 7 approach via the "means test" and Chapter 13 reorganization is not the answer, Allan E. Dunaway works hard to inform you of other appropriate means of debt settlement that suits your unique needs.
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Kentucky Office
Indiana Office
714 Lyndon Lane
Suite 4
Louisville,
KY
40222
Phone:
502-785-1005
Fax:
502-412-2258
Louisville Law Office Map
530 East Court Avenue
Jeffersonville,
IN
47130
Phone:
502-785-1005
Fax:
502-412-2258
Jeffersonville Law Office Map