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How to quickly and affordably repay holiday debt Atlanta, GA

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How to quickly and affordably repay holiday debt

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As the holiday season dies down, many people in Atlanta and throughout the U.S. will now be taking a closer look at their holiday spending. According to a survey from the American Research Group, Americans were expected to spend about $650, on average, for holiday gifts this year. Because many people likely paid for their presents with credit cards, it is now time to come up with a plan to get your credit card debt paid off and start 2012 on a clean financial slate.

Here are a few tips for repaying your holiday debt:

First, stop spending. Buy only necessities until your debt is eliminated.

Second, make a list of everything you spent during the holiday shopping season. Itemize every line on your credit card bill, and categorize all of your expenses. Don’t just include gifts in your spending tally, but also holiday décor, food, entertaining, travel, and other expenses. Keep this list for next year so you will know about how much you can expect to spend.

Third, come up with a monthly budget and determine how much you can afford to pay on your bills every month. Make every effort to pay more than the minimum amount due each month in order to make a significant dent in your bill.

Fourth, look into consolidation. Look for credit card offers that come with zero percent interest on balance transfers, and think about transferring your existing debt to a new card. Just make sure to read offers carefully so you’re not stuck with an annual fee or a high interest rate once the promotional period ends.

With these tips, you should be able to eliminate your holiday debt in no time.

Source: U.S. News & World Report, “6 Ways to Destroy Holiday Debt,” Wise Bread, Dec. 19, 2011

Posted on behalf of Gingold & Gingold

1718 Peachtree St NW, #385
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Jack L.

They did an excellent job with my case. Jamie took the time to really listen and understand things. She delved into the details and was extremely knowledgeable and non judgmental. Very professional and they know what they are doing. Would definitely recommend!

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Mr. Gingold was recommended by an attorney I had worked with previously. I met with Ira Gingold to discuss credit issues. He went over each specific issue thoroughly. He advised me of the potential outcomes. He did all this in one meeting for a very reasonable price. When we finished I was confident in moving forward with a resolution. He definitely wants to help people take the appropriate course of action for their circumstance.

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Dear Mr Gingold, There are so many reasons to be thankful for all you have done and will do. Anyone who has ever had unfavorable experiences with an attorney or the legal system will feel the trepidation that I experienced once I realized that my situation seemed hopeless. It was by chance and happily good luck that I decided to put my future and sanity into your hands. I was mortified at having to deal with my debts by claiming bankruptcy. I remember in our first meeting how you assured me that I was not alone and should not feel ashamed. And, anyone in this position obviously does not have money to spare and you were clear about all the costs and allowing me to pay according to my own ability to do so. You advised me in all aspects of the law, but also, you were at each meeting incredibly supportive and complementary of my personal and professional plans. Anyone else in this situation should feel blessed to have access to your expertise and support.

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I thought the process of filing bankruptcy was going to be a difficult one. However, Gingold & Gingold treated me with respect and dignity from the moment I walked through their door. I had the pleasure of working with Jamie. She is very responsive, professional, and knowledgeable. She took the time and listened to my every concern and handled each and every one of them to my satisfaction. My experience with filing bankruptcy under Gingold & Gingold's representation exceeded my expectations in a major way. They gave me such a peace of mind. I am very pleased with my decision of going with Gingold & Gingold to represent me when I filed Chapter 13 bankruptcy.

Julie T.

Wow! I am finally out of debt and can say that I am debt free after completing my chapter 7 bankruptcy case with Gingold and Gingold. Mr dangled was very knowledgeable and direct with regard to my debt situation. there were no surprises and the case went as I was advised. The staff was also very helpful whenever I had a question. I will definitely recommend them in the future to my friends.

Sherard W.

I cannot say enough about this law firm. From the initial consultation to our discharge, the entire office kept me updated with every step of the entire process. I came to the Gingold after a bad experience with another law firm. Ira and Jamie immediately began treating me like family through this experience. In the end, they assisted with eliminating many debts including my 2nd mortgage. I cannot say enough about the experience and knowledge that Ira brought to the table from the office visits to the court time. Thank you very much for helping me through this tough time. Thank you.

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