How Do You Legally Stop Paying Credit Cards?
Many people do not realize you can legally stop paying credit cards. There is no longer a debtor’s prison to punish those who refuse to pay debts. If you honestly incurred the debt without breaking any laws, you can stop paying it at any time. However, be aware that this will severely damage your credit, may get you sued, and may subject you to collection letters and phone calls. Those who are not working or have little assets to lose are not likely to be sued. There are several steps you can take to legally stop paying credit cards. Use any remaining credit limit on your cards to pay essential bills, such as your rent or mortgage, utility bills, day care or buy food. If you do not intend to file bankruptcy, this is perfectly legal to do. Focus on making sure you and your family stay fed, clothed and sheltered as your first priority. Cut up your credit cards once they are maxed out and you know you are ready to stop paying them. The credit card companies will cancel them for you once t
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