Maybe you've experienced this before: You get to the cash register, pull out
your credit card, swipe it and are told it's declined. You try again. Same
result. So you call the issuer and find out the account has been closed, despite
the fact that you've never been late with a payment. "What even?"
If you're confused, you're not alone. This kind of thing happens -- and it's
perfectly legal.
New regulations do nothing to help in this situation. The Credit CARD Act of 2009
helped to
increase protection against interest rate hikes and overlimit fees. But credit
cancellation policies remain largely
unchanged.
The Law Office of Susan J. Salehi has helped 1000’s of people like yourself with Chapter 7 and 13 bankruptcies since 1992, both in the Santa Barbara/Ventura and Kern County areas. We offer a free consultation, reasonable rates and payment plans. All of your options will be explained during your free consultation with the attorney at the Law Offices of Susan J. Salehi. Start at only $999 Attorney Fees. Restrictions Apply. Stop Foreclosures with a Chapter 13. Operators 24/7. (805) 654-1467, (818) 880-8305, (661) 631-0252, (805) 202-4688.
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