Consumers can eliminate credit card debt without bankruptcy. However, credit card debt can be a slippery slope. If not handled properly, credit card debt could force the consumer into Bankruptcy.

Bankruptcy is overkill for credit card debt and it is personally a difficult experience. Bankruptcy stays on a credit report for 10 years, while an unpaid credit card debt can only remain there for a maximum of seven. The stigma of bankruptcy follows you for life every time you have to answer a job or credit application’s question, Have you ever been through bankruptcy?

According to the Credit Card Debt Survival Guide, the proper written communications in keeping with the Fair Debt Collection Practices Act to a debt collector’s or collection attorney’s initial demand for payment can signal the collectors that this consumer is educated in these collection matters and knows his or her rights and is therefore not a good candidate to continue to pursue with court action.

The summons for a credit card debt lawsuit arrives AFTER the collection attorney has decided that the consumer is a good “guilty” candidate, meaning the consumer has sent nothing demanding proper documentation of the debt. Or, in some states where it costs little or nothing to file a complaint at the court, the collection attorney does not respond to answers to summonses that point out there was improper or no documentation furnished.

Consumers file for bankruptcy for protection against creditors; to stop creditors from taking legal action to deprive them of assets. Bankruptcy should be the last option, not the first.

Matt Highlander is a consumer who has researched credit counseling, debt settlement, debt collectors and collection attorneys. If you want to Eliminate credit card debt, read the Credit Card Debt Survival Guide. Matt Highlander is a contributing writer. Www.credit-card-debt-survival.com

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