42% of Americans Are Worried About Credit Card Debt – Why Bankruptcy Relief in Pittsburgh May Be the Answer
Recent studies show that 42% of Americans are worried about their credit card debt. Many say that debt has hurt their mental health, sleep, job performance, and even personal relationships. Yet despite this stress, nearly one in five people have taken no action at all to reduce their debt in the past six months.
If you live in Pittsburgh, Greensburg, Johnstown, or Erie, and you are worried about credit card payments, repossession, foreclosure, or lawsuits, you are not alone. At Willis & Associates, Pittsburgh Bankruptcy Attorneys, we see every day how debt weighs people down — and how Chapter 7 bankruptcy or Chapter 13 bankruptcy can give families the fresh start they desperately need.
Credit Card Debt in Pittsburgh – A Growing Problem
Surveys show:
42% of adults are worried about credit card payments.
Over 40% carry balances month-to-month.
38% believe they have too much debt.
When debt grows faster than income, people in Western Pennsylvania often start using one credit card to pay off another, or they delay paying rent, utilities, or car payments. This cycle can lead to repossession, foreclosure, and wage garnishment if action isn’t taken.
Why So Many People Do Nothing
It may be surprising, but 21% of people say they’ve taken no action at all to reduce debt. Even though reducing debt is a top priority, many Pittsburgh families feel paralyzed — unsure whethe
