For many the current state of the economy is causing sleepless nights with endless amounts of worry as countless numbers of people struggle with the huge amounts of credit card debt. Often incurring thousand of pounds in interest and late fees as many people have trouble just keeping up with the minimum monthly payment. While this may seem like a hopeless situation there is way for you to legally wipe out your credit card debt easily.
Just six months ago Jo Townsend was in a similar kind of situation his business had gone under as a result of the tough economic conditions and he was burdened with mountains of credit card debt that he simply could not afford. After having many sleepless nights he found a way to legally wipe out all of his credit card debt. It does not involve debt management, IVA or bankruptcy. Instead, you can legally use the 1974 Consumer Credit Act as a tool to help you wipe out all of your unwanted credit card debt. According to the act it states that certain terms and conditions must be written on the credit card agreement that you sign. If any of these terms and conditions are not on the agreement it is in violation of the act and the debt is simply unenforceable. In most cases the balances can be written off and you seek compensation from the credit card companies for violating the 1974 Consumer Credit Act. To qualify for this program means that you must have been approved for your credit card before April 2007. The way it works is a solicitor will evaluate your case on no win no fee contingency basis. This means that if they don't wipe out your credit card debt then there is no fee. The solicitor will ask your lender for a copy of the terms and conditions of your credit card agreement. In most cases 80% of the agreements are determined to be unenforceable. Your solicitor will handle everything from contacting the lender to helping you get the entire balance wiped out without any hidden fees and you could be entitled to compensation as well.
Put an end to the sleepless night and endless hours of worry for good. That way you can start living a debt free, enjoyable lifestyle. So why not visit www.creditcardswrittenoff.com for more information.
