Missing one or two credit card payments or even going a few months of only making minimum payments can result in unmanageable balances, especially if a cardholder’s spending habits do not change. It does not take long for credit card debt to spiral out of control, and it can be difficult to keep up. Eventually, a Louisiana consumer may face a lawsuit over this debt.

It can be daunting to get notice of a lawsuit of credit card debt. This may seem like a reason to panic, but it is best to remain calm and proceed thoughtfully. A consumer cannot go to jail over credit card debt, and if a debt collector threatens this or implies this, it is actually a violation of the law. The most important thing to remember is that ignoring the problem will only make it worse, perhaps resulting in wage garnishment.

After verifying the debt collector has the right information, it may be beneficial to consider debt settlement. Credit card companies may be willing to work with a consumer on a settlement amount that he or she can pay, bringing a beneficial resolution to the situation. However, settlement is not possible for every cardholder who is behind on his or her credit card payments.

If settlement and other options are not feasible, it may be beneficial to consider Chapter 7 bankruptcy. This process allows a consumer to deal with certain types of unsecured debt, which includes credit card debt. It may be beneficial to discuss the individual situation with an experienced Louisiana attorney before proceeding.