McBride Law Firm

Free Consultations 318.625.0471

Main Menu

Posts tagged "debt relief"

Is combining credit card debt a good idea?

Many people in Louisiana who are struggling to make multiple credit payments think that consolidating their credit card debt is the answer. After all, it appears to be a good alternative to keeping up with different payment due dates and amounts each month. As attractive as consolidating all your credit card bills into one payment may seem, there are some things you should know. Depending on your specific financial situation, it may or may not be the best option for you to get control of your credit card bills.

Overcoming the shame of credit card debt

According to, the average credit card debt per family in Louisiana is almost $5,000. Did you know that if you only make the minimum payment each month, it would take nine years to pay this off? And that is if you do not incur any other debt during this time. Another poll found that credit card debt is the number one taboo subject, above discussions about salary, politics and your love life. Most people are trying to cope with debt, but no one wants to talk about it.

How to get out of credit card debt

It's no secret that many Louisiana residents struggle with credit card debt. In fact, according to a new report by Business Insider, Ruston, Louisiana, comes in second in the nation for cities with the worst credit card debt among residents. Hammond, Louisiana, is seventh on the list.

Who takes on your debt when you die?

Most Americans have at least some form of debt, whether it is a home mortgage, an auto loan, student loans or some other kind of credit. In fact, many of us will carry various forms of debt for our entire lives.

How to keep credit card debt down this holiday season

We are in the middle of the busiest shopping time of the year, and with so many great deals happening in stores and online, it can be difficult to avoid overspending. This time of year is when many people's debt situation goes from bad to worse, especially for those using credit cards.

Parents, grandparents on the hook for student loan debt

We all want the young people we love to have the best opportunities in life, which is why many parents and grandparents agree to co-sign for private student loans and federal PLUS loans. However, things don't always go as planned, and if the student ends up defaulting on the loans, lenders can come after parent- and grandparent-co-signers next.

How people with regular income can file for bankruptcy

As you may already know, in order to qualify for Chapter 7 bankruptcy you have to pass a "means test." The means test was put in place to reserve bankruptcy for people who need it most. As a result, people with higher incomes are not allowed to file for Chapter 7 bankruptcy.

McBride Law Firm

McBride Law Firm
301 Jackson Street Suite 101
Alexandria, LA 71301

Phone: 318-625-0471
Phone: 318-625-0471
Fax: 318-445-8066
Alexandria Law Office Map

Back to top