Over the holidays, many people find themselves spending more than they can afford. As a result, January leaves many Americans contemplating the possibility of bankruptcy.
Credit card debt can be a source of difficulty and anxiety for people in Texas. Those who are dealing with financial problems might even miss payments. Ideally, for the sake of the person's credit rating, he or she should continue to make at least the minimum payments on the cards. Sometimes that isn't possible though, and so payments are missed. Failure to make credit card payments has different, increasing consequences depending on how long the payment is behind.