Credit Card Debt

Credit card debt comprises the largest portion of most people’s unsecured debts. The irony of credit cards is that the more you need them, the higher your interest rate will probably be and the less affordable they will be. Your interest rates are higher as your credit is worse.


If you are behind on your credit card debt, Culik Law can help you settle the debt for a reduced amount. If you are being sued in court for a delinquent credit card debt, there are strategies we can use to help you with to deal with a debt collection lawsuit. 

Most credit cards are “unsecured,” which means that, unlike a mortgage or a car loan, there is no collateral that can be repossessed if you do not pay them. It would not be financially strategic to refinance your credit cards into “secured” loans, such as by refinancing your house to pay for them. This would pay off the credit card companies at the expense of giving your mortgage lender a harmful way to collect (foreclosure) if you don’t pay.


If you fall behind on your credit cards, the account may be referred to collections. Once a credit card debt goes into collections, be aware of your rights against harassment by debt collectors and your rights under the Fair Debt Collection Practices Act.

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All information on this site is for advertising and general informational purposes only and is not to be construed as legal advice or an agreement to provide legal services. Each client’s case is unique, and no specific results are implied or guaranteed.

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