Credit Card Debt Relief

Credit card debt is the most widespread form of debt in Connecticut and across the nation. Since this type of debt has the highest interest rates, what started as a molehill of debt can quickly accumulate into a mountain of debt. If you are deep in debt and seek credit card debt relief, we can help. 

Your Options for Getting Rid of Credit Card Debt

Credit Card Debt Relief

Credit card debt relief refers to various strategies designed to help individuals manage, reduce, or eliminate their credit card debts. Such strategies involve debt consolidation and debt management plans. Consolidation combines multiple credit card debts into a single loan or credit account. Individuals can simplify their payments and secure a lower interest rate by consolidating debts. Debt management plans are structured repayment plans arranged through credit counseling agencies. These plans involve negotiating with creditors to establish more manageable repayment terms, such as reduced interest rates or waived fees. Debt relief strategies aim to alleviate the burden of credit card debt and improve one’s financial situation.

Credit Card Debt Settlement

Credit card debt settlement refers to negotiating with credit card companies or debt collectors to reach a mutually acceptable agreement regarding the repayment of outstanding credit card debts. In a credit card debt settlement arrangement, the debtor and the creditor agree to settle the debt for less than the total amount owed. The creditor accepts a reduced amount as a compromise, considering the risk of potential non-payment from bankruptcy.


Bankruptcy is generally viewed as a last resort. However, it can offer much-needed debt relief for individuals facing severe financial difficulties. The specific type of bankruptcy, such as Chapter 7 or Chapter 13, determines the extent to which debts may be discharged or reorganized. Through bankruptcy, individuals have the opportunity to eliminate or restructure a portion of their debts. Therefore, they get a fresh start on their financial journey.

At The Law Offices of Ronald I. Chorches in Connecticut, we offer our clients unique solutions backed by experience and comprehensive knowledge. Attorney Ronald I. Chorches and our legal team help clients consider a variety of debt relief options. Schedule a consultation today to determine which option is right for your particular case.