Debt relief doesn't have to mean going into bankruptcy, though that's what many people believe when they hear about others getting out of debt quickly. The fact is that there are multiple ways to get out of debt and to find relief from your financial woes.
Credit card companies have a secret. They want you to default so that they can charge you fees, but they don't want you to stop paying completely. They benefit from temporary errors, but if a consumer stops paying, they end up losing out in the end.
Since the credit card companies don't want you to give up on paying, they're often willing to negotiate with you to help you when you can't make payments on time. They are usually willing to forgive fees the first time you miss a payment and may be willing to postpone your payments until you can get back to your regular payment schedule.
How can you reach out to your credit card company, and when should you?
You should reach out to your credit card company as soon as you realize that you won't be able to make a payment. If you have already missed a payment and have fees on top of your regular payment, you can still reach out and ask for a deferment and assistance with your bill. If you've lost a job or have other difficult life circumstances, most companies will work with you. Your attorney can reach out on your behalf if you'd like assistance with your financial situation and want someone to advocate for you.