The Golden State Law Group is a law firm in San Diego, California that’s comprised of a team of attorneys who provide legal help to consumers. Specifically, the attorneys at the firm provide help to consumers in the legal areas of consumer...
San Diego, California (PRWEB) April 24, 2012
The San Diego bankruptcy lawyers at the law firm of the Golden State Law Group, which is a team of professionals dedicated to providing help for consumers and businesses who are experiencing financial difficulty, hereby announce that the firm is offering free initial consultations to consumers who may have recently over-extended themselves with debt on the heels of new efforts by lenders to extend credit to consumers with damaged credit ratings.
Specifically, the credit reporting agency Equifax recently published statistics that revealed that in December of 2011 alone, lenders opened credit card accounts to more than 1.1 million American consumers who had damaged credit. This 1.1 million new credit card accounts statistic represents an increase of 12.3 percent when compared to December of the previous year.
In addition, the credit reporting agency known as Experian reported that during the fourth quarter of 2011, approximately 23 percent of all new automobile loans that were opened and executed in the United States were provided for borrowers who had damaged credit. This percentage represents an increase of 17 percent when compared to the fourth quarter of 2009.
The San Diego bankruptcy attorneys at the Golden State Law Group advise consumers to use extreme caution when opening new credit accounts if their credit rating is damaged. Credit scores can change rapidly and people who have problems with meeting their obligations could soon face the stress that comes with collection efforts.
Consumers who are already experiencing these types of problems because of new credit accounts that they have opened are further advised that the San Diego bankruptcy attorneys at the Golden State Law Group will provide them with a free initial consultation. The purpose of this free initial consultation is to conduct a thorough review of the consumer’s overall financial picture so that appropriate recommendations can be made towards bringing about an end to that person’s financial difficulties.
About the Golden State Law Group
The Golden State Law Group is a law firm in San Diego, California that’s comprised of a team of attorneys who provide legal help to consumers. Specifically, the attorneys at the firm provide help to consumers in the legal areas of consumer bankruptcy, tax debt issues and personal injury cases.