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...
San Diego, California (PRWEB) May 15, 2012
The San Diego bankruptcy lawyers at the Golden State Law Group, a team of attorneys who work for the interests of consumers who are experiencing serious financial problems, hereby announce that the firm is offering a free initial consultation for consumers in the area who may be experiencing a rise in the amount of credit card debt that they are carrying. This offer comes on the heels of news that the overall amount of credit card debt in the United States has increased once again.
Specifically, the Federal Reserve Board has released its latest body of statistics regarding different types of debt that exist with consumers in the United States. According to those statistics, the amount of debt carried by American consumers in March of 2012 jumped to $803.6 billion. This represents a jump of 7.8 percent when compared to March of 2011, and it also represents the first jump in overall credit card debt in any month in 2012 after overall credit card debt declined in both January and February of 2012.
In addition to the jump in credit card debt, the overall amount of non-mortgage debts increased to $1.74 trillion. These debts relate to borrowing for student loans, auto loans and other forms of debt that are owed by American consumers and businesses. This jump represents an 11 percent increase from March of 2011.
When consumers take on more debt, the monthly minimum payments that they need to make also tend to rise, and when an unforeseen event arises such as a medical emergency or a loss of a job the situation can become difficult. The San Diego bankruptcy attorneys at the Golden State Law Group encourage any consumer struggling to make ends meet to contact the firm to take advantage of this offer of a free initial consultation.
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.