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Creditors can sue for credit card debt repayment for only so long

On behalf of Lynch Law Offices, P.C. | Aug 23, 2019 | Credit Card Debt

Most people use credit cards either for their perks or financial need. As a result, numerous Illinois residents have credit card debt that they are struggling to repay. When debts aren’t paid, creditors can take legal action in an effort to recover the funds...

Consumer protection bill signed into law

On behalf of Lynch Law Offices, P.C. | Aug 10, 2019 | Credit Card Debt

At the end of July, the Governor signed a bill into law that will protect Illinois residents who are dealing with debt collection agencies. The consumer protection bill does not stop debt collectors from doing their jobs, but it does offer those in debt a bit of...

More young adults are taking on credit card debt

On behalf of Lynch Law Offices, P.C. | May 31, 2019 | Credit Card Debt

For some time now, younger adults — those labeled millennials — have done a better job than their older counterparts when it comes to staying out of debt. According to a recent report, that is no longer the case. Numerous 18 to 29-year-olds in...

Being in debt affects one’s mental health

On behalf of Lynch Law Offices, P.C. | Mar 31, 2019 | Credit Card Debt

There are a lot of things in life that can affect one’s mental health. Numerous people may not really think about it, but debt is one of those things. When money is tight, when creditors are calling, when it seems like there is no relief in sight, it can all...

National Credit Card Reduction Day; yes, it really exists

On behalf of Lynch Law Offices, P.C. | Mar 21, 2019 | Credit Card Debt

National holidays are plentiful, and it seems that more pop up every year. In March alone, there is National Pi Day, National Mom and Pop Business Day and National American Diabetes Association Alert Day — among many others. Most people do not even know that all...

Credit card debt is a romantic turn-off

On behalf of Lynch Law Offices, P.C. | Feb 8, 2019 | Credit Card Debt

Numerous Illinois residents have debt. In today’s economy, it can seem nearly impossible to avoid, but avoiding debt can benefit a person in a number of ways, and not just financially. According to a recent report, credit card debt is a big romantic turn-off....

Debt: This age group has more of it than any other

On behalf of Lynch Law Offices, P.C. | Jan 22, 2019 | Credit Card Debt

Money, money, money — it is something everyone needs and some find they have in short supply. Illinois residents who lack funds to meet their financial obligations generally end up going into debt just to pay to live. According to a recent article, one...

Credit card debt continues to soar

On behalf of Lynch Law Offices, P.C. | Dec 13, 2018 | Credit Card Debt

Numerous Illinois residents depend on their credit cards to get by financially. Many of them carry balances that they struggle to pay off and they are not alone in that. It was recently reported that the average American household is drowning in credit card debt. How...

Credit card debt amassed during the holidays can be dangerous

On behalf of Lynch Law Offices, P.C. | Nov 30, 2018 | Credit Card Debt

The holiday season is all about family and giving. Unfortunately, many Illinois residents may go into serious credit card debt during this time of year. This can be avoided by being careful about spending. Those who have dug themselves into a hole too big to get out...

Those with unsteady income often have more credit card debt

On behalf of Lynch Law Offices, P.C. | Nov 2, 2018 | Credit Card Debt

Numerous Illinois residents are self-employed or jump from job to job. Their incomes may be far from steady, which means they may need a little help to make ends meet. Enter credit cards. Those with unsteady income often have more credit card debt than individuals who...
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Recent Posts

  • Senior debt is a growing problem
  • What are the dangers of a borrow-now-worry-later mentality?
  • Creditors can sue for credit card debt repayment for only so long
  • How is consumer debt treated during the probate process?
  • Chapter 7 may help young parents who are struggling with debt

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1011 Warrenville Road
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Lisle, IL 60532

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