Schaumburg bankruptcy lawyers see it all the time, creditors constantly capitalize on the perceived ignorance of the public. Schaumburg bankruptcy lawyers have helped all sorts of clients, those who have even been the unfortunate victims of creditor capitalization to the extreme of having to file for personal bankruptcy protection. Then it is the Schaumburg bankruptcy lawyers who sit and listen to the sad stories of their clientsand attempt to help them pick up the pieces of their mangled financial lives. How do they do this? How do they manage to uproot and destroy the financial lives of so many Americans? Small print and hidden costs and fees are one of the many answers to the question. The small print yields pertinent information that can make the difference on if an individual decides to partner with a credit card company or not. The small print entails things like the discretion that the company has to arbitrarily increase your interest rate at spontaneous intervals, the fee that may be assessed annually just for possessing the card (even if you do not ever actually use it), or your default interest rate. This is the rate that you will be required to pay if you are late on your monthly payments. It is not always the small print that entraps consumers. Sometimes, these terms are presented boldly in reader friendly fonts but the bank jargon and language can be particularly unfamiliar to the consumer. Perhaps they do not realize that the terms will apply to them and can negatively affect them. Perhaps they do not understand that there are ways to protect themselves from the ploys of creditors. You can pay your credit card bill on time and in full each month to avoid some of the costly fees and penalties that the credit card companies all too eagerly assess. This is a great start to personal bankruptcy prevention.