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"They say money can't buy happiness, but debt sure can bring plenty of stress. Overwhelming debt can take a toll on your health, finances, and even your relationships."
- Kerry Cameron

Did you know it takes just 90 days on average for one of our clients to become completely debt-free after a Chapter 7 bankruptcy  - with very little sacrifice?

Fast, Easy, Inexpensive, and Risk-Free Guaranteed!

In the last 20+ years of Sheree & Kerry filing bankruptcies, ALL of their clients who filed Chapter 7 and told the whole truth were successful in filing bankruptcy. All of them. The vast majority were successful in about 90 days. Sheree's and Kerry's UNCONDITIONAL GUARANTEE you will be successful in bankruptcy as long as you tell the whole truth and follow our instructions or you will get your attorney fee back. This has never been necessary.

The vast majority of our clients lost NOTHING but debt, and those that did, knew so before they filed and filed anyway. They kept their homes, cars, TVs, guns, etc. All in about 90 days!

Shark Infested Waters Guarantee: We want you to feel absolutely confident in your decision, which is why we offer a 2nd UNCONDITIONAL GUARANTEE! If Sheree and Kerry aren’t the perfect fit for you, no problem—no hard feelings whatsoever. Whether it’s 3 seconds or 3 days after becoming a client, if you’re not thrilled, neither are we. As long as we haven’t filed your case yet, if you wouldn’t jump into shark-infested waters to stick with us, we’ll refund your attorney fee—no questions asked. All we ask is that you let us know, in writing, what we could have done better so we can improve for future clients. That’s it! But honestly, we wouldn’t make these guarantees if we weren’t 100% confident that we deliver the best service around.

http://CameronBankruptcyLawReviews.com 

Debt-Free in 90 Days!

That’s right—only 90 days after filing! But the real challenge is coming up with the money to start a Chapter 7 in the first place—because, let’s face it, if you’re broke, it’s tough. That’s why we created our Bankruptcy for only $250/month program. Easy peasy!

Our attorney charges $1,595 for a Chapter 7 bankruptcy, and that’s a big chunk of change for someone already struggling. Not everyone has a relative to loan them that kind of money! - So how??

Good News!

Here’s the good news: In a Chapter 7 bankruptcy, most types of unsecured debt are completely wiped out—like credit card debt, personal loans, medical bills, repo debt, and more. So, if you’re planning to file for bankruptcy, why keep paying those debts? It’s like throwing your money down the toilet! You can use the money saved for your bankruptcy.

Instead, think about this: This way you can probably save—or find—only $250 a month. That’s all it takes to work toward becoming debt-free! For just $250/month over six months, you can stop paying on most of those unsecured debts and save yourself some stress and bring hope back. And if you can pay more each month, you’ll reach your goal even faster!

While you’re paying the $250/month, you’ll also be getting ready to file. You’ll work on all the paperwork so that when it’s time to file everything is smooth and easy. To make it even easier, Cameron Bankruptcy Law is going AI. This will make it the easiest way to file, period.

Watch Out!

Now, here’s something to watch out for: By the second month, your creditors will start calling—sometimes multiple times a day. Don’t worry! If you’re in our $250/month program, we can handle those annoying calls for you after the second month or $500. No more stress!

“But what about my credit?” you might ask. Well, let’s be real—your credit is probably not great right now, or it won’t be soon. That’s why you’re considering bankruptcy, right? The good news is that most of our clients actually see their credit scores go up after filing bankruptcy! That’s because all that debt dragging down their scores gets wiped out. Did you know you can even buy a house just two years after a Chapter 7 bankruptcy—or even during a Chapter 13?

And yes, bankruptcy does stay on your credit report for 7-10 years, but guess what? Bad credit can haunt you for even longer! How long have you already suffered with it?

The Secret

Here’s a secret: You can actually get a bankruptcy removed from your credit report shortly after it’s discharged. That means future creditors won’t even see it. After you file, reach out to Kerry, and he’ll explain how to do it—or help you find a trusted company to handle it for you.

We don't want to see you as a client again! That is why all our clients take Credit Counseling and Finacial Management classes as part of their case!

Did you know: We have been where you are at now. Really. We were stuck in a debt-trap through no wrong doing of our own. We were stressed out, and that is where Cameron Bankruptcy Law was born. We were our own first clients. We have learned a lot since that problem 20+ years ago. Let us share that with you. We really do understand you.

We want our offer to be so great you would feel stupid to say no!

Don't worry, If we don't think bankruptcy is a good answer to your problems, Kerry will tell you what we think is a better opportunity for you. We want you to be very happy, regardless if you use us. Kerry turns people down daily.

Call Kerry Now! (919) 627-7748

So, what are you waiting for? If you’ve got more questions, Kerry is here to help—available 10 am to 10 pm, 7 days a week. Let’s get you on the road to becoming debt-free!

🚀  Look at these reviews again!

http://CameronBankruptcyLawReviews.com 

Call Kerry Now! (919) 627-7748

download as PDF

download as PDF

“They say money can’t buy happiness, but debt sure can bring plenty of stress. Overwhelming debt can take a toll on your health, finances, and even your relationships.”
– Kerry Cameron

Did you know it takes just 90 days on average for one of our clients to become completely debt-free after a Chapter 7 bankruptcy  – with very little sacrifice?

Fast, Easy, Inexpensive, and Risk-Free Guaranteed!

In the last 20+ years of Sheree & Kerry filing bankruptcies, ALL of their clients who filed Chapter 7 and told the whole truth were successful in filing bankruptcy. All of them. The vast majority were successful in about 90 days. Sheree’s and Kerry’s UNCONDITIONAL GUARANTEE you will be successful in bankruptcy as long as you tell the whole truth and follow our instructions or you will get your attorney fee back. This has never been necessary.

The vast majority of our clients lost NOTHING but debt, and those that did, knew so before they filed and filed anyway. They kept their homes, cars, TVs, guns, etc. All in about 90 days!

Shark Infested Waters Guarantee: We want you to feel absolutely confident in your decision, which is why we offer a 2nd UNCONDITIONAL GUARANTEE! If Sheree and Kerry aren’t the perfect fit for you, no problem—no hard feelings whatsoever. Whether it’s 3 seconds or 3 days after becoming a client, if you’re not thrilled, neither are we. As long as we haven’t filed your case yet, if you wouldn’t jump into shark-infested waters to stick with us, we’ll refund your attorney fee—no questions asked. All we ask is that you let us know, in writing, what we could have done better so we can improve for future clients. That’s it! But honestly, we wouldn’t make these guarantees if we weren’t 100% confident that we deliver the best service around.

http://CameronBankruptcyLawReviews.com 

Debt-Free in 90 Days!

That’s right—only 90 days after filing! But the real challenge is coming up with the money to start a Chapter 7 in the first place—because, let’s face it, if you’re broke, it’s tough. That’s why we created our Bankruptcy for only $250/month program. Easy peasy!

Our attorney charges $1,595 for a Chapter 7 bankruptcy, and that’s a big chunk of change for someone already struggling. Not everyone has a relative to loan them that kind of money! – So how??

Good News!

Here’s the good news: In a Chapter 7 bankruptcy, most types of unsecured debt are completely wiped out—like credit card debt, personal loans, medical bills, repo debt, and more. So, if you’re planning to file for bankruptcy, why keep paying those debts? It’s like throwing your money down the toilet! You can use the money saved for your bankruptcy.

Instead, think about this: This way you can probably save—or find—only $250 a month. That’s all it takes to work toward becoming debt-free! For just $250/month over six months, you can stop paying on most of those unsecured debts and save yourself some stress and bring hope back. And if you can pay more each month, you’ll reach your goal even faster!

While you’re paying the $250/month, you’ll also be getting ready to file. You’ll work on all the paperwork so that when it’s time to file everything is smooth and easy. To make it even easier, Cameron Bankruptcy Law is going AI. This will make it the easiest way to file, period.

Watch Out!

Now, here’s something to watch out for: By the second month, your creditors will start calling—sometimes multiple times a day. Don’t worry! If you’re in our $250/month program, we can handle those annoying calls for you after the second month or $500. No more stress!

“But what about my credit?” you might ask. Well, let’s be real—your credit is probably not great right now, or it won’t be soon. That’s why you’re considering bankruptcy, right? The good news is that most of our clients actually see their credit scores go up after filing bankruptcy! That’s because all that debt dragging down their scores gets wiped out. Did you know you can even buy a house just two years after a Chapter 7 bankruptcy—or even during a Chapter 13?

And yes, bankruptcy does stay on your credit report for 7-10 years, but guess what? Bad credit can haunt you for even longer! How long have you already suffered with it?

The Secret

Here’s a secret: You can actually get a bankruptcy removed from your credit report shortly after it’s discharged. That means future creditors won’t even see it. After you file, reach out to Kerry, and he’ll explain how to do it—or help you find a trusted company to handle it for you.

We don’t want to see you as a client again! That is why all our clients take Credit Counseling and Finacial Management classes as part of their case!

Did you know: We have been where you are at now. Really. We were stuck in a debt-trap through no wrong doing of our own. We were stressed out, and that is where Cameron Bankruptcy Law was born. We were our own first clients. We have learned a lot since that problem 20+ years ago. Let us share that with you. We really do understand you.

We want our offer to be so great you would feel stupid to say no!

Don’t worry, If we don’t think bankruptcy is a good answer to your problems, Kerry will tell you what we think is a better opportunity for you. We want you to be very happy, regardless if you use us. Kerry turns people down daily.

Call Kerry Now! (919) 627-7748

So, what are you waiting for? If you’ve got more questions, Kerry is here to help—available 10 am to 10 pm, 7 days a week. Let’s get you on the road to becoming debt-free!

🚀  Look at these reviews again!

http://CameronBankruptcyLawReviews.com 

Call Kerry Now! (919) 627-7748

download as PDF

download as PDF

My name is Kerry Cameron here in Raleigh. As a missionary’s and preacher’s kid, I remember the countless hours my dad spent counseling couples facing marital struggles. Sometimes those sessions brought healing, but other times the challenges were too much to overcome. One of the biggest roadblocks I’ve seen is financial stress. When people are weighed down by financial burdens, it impacts every part of their lives: their faith, relationships, and ability to serve others.

The Impact of Financial Problems

Financial troubles often lead to:
• Stress and Anxiety
• Communication Breakdowns
• Erosion of Trust
• Loss of Intimacy
• Blame and Resentment
• Unmet Life Goals
Sometimes it’s overspending. Other times it’s a lack of budgeting knowledge or even life’s unexpected disasters. Whatever the cause, financial burdens can spiral into bigger issues, leaving families struggling and hurting.

A Solution with Biblical Roots

The Bible offers incredible wisdom about debt and finances. Too often we focus on the “PAY YOUR DEBTS”. The Bible acknowledges the importance of paying debts when possible but also emphasizes mercy and forgiveness.

The Sabbatical Year and Debt Forgiveness

In the Old Testament, the Sabbatical Year, or the “Year of Release,” was a commandment to cancel debts every seven years: Deuteronomy 15:1-2, “At the end of every seven years, you must cancel debts. This is how it is to be done: Every creditor shall cancel any loan they have made.…”
This practice ensured that individuals were not perpetually trapped in a cycle of debt. It served as a societal reset, promoting economic stability and equality. Modern law mirrors this concept by allowing individuals and businesses to discharge their debts under structured legal procedures.

The Year of Jubilee (Leviticus 25:8-13)

The Year of Jubilee, observed every 50 years, mandated the return of land to original owners and the release of indentured servants. This ensured that no family or individual faced generational Cameron Bankruptcy Law Reviews (919) 627-7748 FREE, No-Pressure Consultation poverty due to debt. The Jubilee reflects the Biblical values of mercy, fairness, and societal balance.

Compassion for the Poor and Indebted

Throughout the Bible, there is a consistent theme of compassion toward the poor and indebted:
• Matthew 6:12 – As Christians, we are taught to pray, “forgive us our debts as we forgive our
debtors.”
• Proverbs 22:7 warns that “the borrower is slave to the lender,” emphasizing the need for fair
treatment of debtors.
• Luke 7:42 – “When they had nothing with which to repay, he freely forgave them….”
• Exodus 22:25 – “If you lend money to any of my people with you who is poor, you shall not
be like a moneylender to him, and you shall not exact interest from him….”

This idea of forgiveness is at the core of both Scripture and bankruptcy.

Bankruptcy as a Reflection of Christ’s Sacrifice

Bankruptcy is, in many ways, a precursor to Christ’s ultimate act of forgiveness. Just as bankruptcy forgives financial debts too large to repay, Jesus forgives the spiritual debt we could never repay. Through His sacrifice on the cross, we are given a fresh start.

Seek Wisdom in Bankruptcy Decisions

Ultimately, the Bible teaches us to seek God’s wisdom when making decisions about bankruptcy.

• James 1:5 – “If any of you lacks wisdom, let him ask of God, who gives to all liberally and without reproach, and it will be given to him.”
• Jeremiah 29:11 – “For I know the plans I have for you,” says the Lord. “Plans for good and not for evil. To give you a future and a hope.”
  

These teachings encourage a system where debt relief is not merely a financial act but a moral and societal obligation. The Bible consistently calls for compassion for the indebted.

God’s Way is Also in the US Constitution

The framers of the U.S. Constitution recognized the importance of debt relief and incorporated provisions to address it based on Scripture. Their ideas were influenced by their personal experiences with debtors’ prisons and the economic challenges of post-revolutionary America.

Article I, Section 8, Clause 4 – The U.S. Constitution explicitly grants Congress the power to establish uniform bankruptcy laws:

“The Congress shall have Power [to]… establish… uniform Laws on the subject of Bankruptcies throughout the United States.”

This clause reflects the framers’ commitment to ensuring economic fairness and preventing interstate conflicts over debt laws. By making bankruptcy a federal matter, the Constitution sought to create a uniform system that promoted commerce, protected creditors, and provided relief for debtors.

Framers’ Intent

During the Constitutional Convention, figures like Alexander Hamilton and James Madison emphasized the need for a national approach to bankruptcy through their personal experience. They sought to avoid the harsh debtors’ prisons of Europe and promote economic recovery. This aligned with the moral values found in the Bible, advocating for a system where debtors could find relief without perpetual punishment.

Bankruptcy and Economic Growth

The inclusion of bankruptcy in the Constitution wasn’t just about debt relief; it was also about fostering economic growth. The framers understood that a fair system of debt forgiveness could encourage entrepreneurship and innovation. Just as the Bible promoted societal resets, the Constitution envisioned bankruptcy as a way to reintegrate individuals into the economy.

The Constitution echoes these principles, granting Congress the power to establish fair bankruptcy laws. Figures like Alexander Hamilton saw bankruptcy as a way to promote growth and prevent undue hardship, aligning with biblical values of mercy and justice.

A Fresh Start

Even modern examples, like former and future President Donald Trump, show how bankruptcy can lead to renewal. President Trump has filed bankruptcy six times. While we don’t recommend multiple filings, a single bankruptcy can offer life-changing relief for those burdened by financial struggles.

Why Cameron Bankruptcy Law?

We’re a local family-owned firm with a heart for helping people. With the best Google reviews for bankruptcy, (over 110) in North Carolina and an “A+” rating from BBB, we’ve earned the trust of countless clients by treating them with respect, compassion, and integrity.

Check out our reviews here: http://CameronBankruptcyLawReviews.com

Here’s our A+ rating from BBB: http://CBLBBB.com

Our website: https://CameronBankruptcyLaw.com

Sheree & Kerry Cameron
Cameron Bankruptcy Law
https://CameronBankruptcyLaw.com
(919) 627-7748
sheree@CameronBK.com
Our Reviews: http://CameronBankruptcyLawReviews.com

Call Kerry Now! (919) 627-7748

download as PDF

download as PDF

Shark Infested Water 2 Unconditional Guarantees

12/30/25

1) In the last 20+ years of Sheree & Kerry filing bankruptcies, ALL of their clients who filed Chapter 7 and told the whole truth were successful in filing bankruptcy. All of them. The vast majority were successful in about 90 days.
Sheree’s and Kerry’s UNCONDITIONAL GUARANTEE you will be successful in filing bankruptcy as long as you tell the whole truth and follow our instructions or you will get your attorney fee back. This has never been necessary.
The vast majority of our clients lost NOTHING but debt, and those that did, knew so before they filed and filed anyway. They kept their homes, cars, TVs, guns, etc. All in about 90 days!

2) Shark Infested Waters Guarantee: We want you to feel absolutely confident in your decision, which is why we offer a 2nd UNCONDITIONAL GUARANTEE! If Sheree and Kerry aren’t the perfect fit for you, no problem—no hard feelings whatsoever. Whether it’s 3 seconds or 3 days after becoming a client, if you’re not thrilled, neither are we. As long as we haven’t filed your case yet, if you wouldn’t jump into shark-infested waters to stick with us, we’ll refund your attorney fee—no questions asked. All we ask is that you let us know, in writing, what we could have done better so we can improve for future clients. That’s it! But honestly, we wouldn’t make these guarantees if we weren’t 100% confident that we deliver the best service around.

Sheree & Kerry Cameron
Cameron Bankruptcy Law
https://CameronBankruptcyLaw.com
(919) 627-7748
sheree@CameronBK.com
Our Reviews: http://CameronBankruptcyLawReviews.com

Call Kerry Now! (919) 627-7748

download as PDF

download as PDF

Mental Cost of Debt

Cameron Bankruptcy Law can help.Here at Cameron Bankruptcy Law we see a lot of mental distress over debt. Having low credit can lead to ongoing “cost anxiety”, impacting mental health, quality of life, divorce and even contributing to feelings of depression. For some, exploring options like bankruptcy  becomes a way to manage overwhelming debt and reset financially. Here’s a closer look at how low credit can affect different areas of life:

 1. Strain On Relationships

• Why It Hurts: Financial stress can lead to relationship conflicts, especially when partners have shared financial goals or debt.
• Average Cost: The cost of counseling or even separation due to financial stress could total $5,000 to $10,000. Finances are the #1 reason for divorce.
• How Bankruptcy Can Help: Bankruptcy can ease financial pressure, making it easier to focus on positive family goals. Bankruptcy saves more marriages than counseling!

2. Mental Health Effects

• Increased Stress and Anxiety: Constant worry about finances due to limited options and high costs creates ongoing stress. This “credit-related stress” can make everyday financial decisions feel overwhelming, leading some to consider options like bankruptcy in Raleigh, NC for relief.
• Lower Self-Esteem and Confidence: Dealing with credit struggles can lead to feelings of shame or embarrassment, impacting self-esteem. Facing financial difficulties day after day can make people feel isolated or inadequate, making it even harder to take positive steps.
• Depression Risk: Persistent financial stress and a lack of control over one’s financial future can contribute to depression. This may lead to a lack of motivation to tackle debt, reinforcing the feeling of being “stuck” in a difficult financial situation.

3. Quality of Life

• Limited Lifestyle Choices: Low credit means paying higher interest rates, making financing options like cars or housing more expensive or even impossible. For some, bankruptcy in Raleigh, NC becomes a necessary step to remove barriers and create a fresh financial start.
• Restricted Access to Housing or Job Opportunities: Low credit can impact access to housing rentals, financing for education, or even job applications. These barriers restrict one’s ability to improve life circumstances, creating feelings of helplessness or frustration.
• Tension in Relationships: Financial struggles can cause stress in personal relationships, leading to misunderstandings, frustration, or arguments. By considering debt relief options, including bankruptcy, individuals may find relief from this pressure, leading to healthier relationships.

4. Cost of Anxiety

• High Cost of Borrowing and Hidden Fees: Low credit means higher interest rates and extra fees, like security deposits or insurance premiums. This can make daily budgeting a challenge, causing anxiety about future expenses and the feeling of never catching up.

• Fear of Financial Mistakes: Making decisions with limited  financial options adds pressure, creating fear of spending mistakes. This constant worry can lead to “decision paralysis,” where even simple spending choices feel risky or stressful.
• Emergency Vulnerability: Limited credit reduces options for emergency funding, creating a sense of vulnerability and insecurity about handling unexpected expenses. Some people consider bankruptcy in Raleigh, NC to relieve debt stress and regain financial stability.

5. Depression and Its Effects

• The combination of financial stress, limited choices, and cost anxiety can lead to depression. This depression often creates a cycle, where the energy to tackle debt or rebuild credit is low, and motivation to improve the situation wanes. Depression can also reduce the quality of life, affect personal relationships, and make planning for the future feel overwhelming.
  

Considering Bankruptcy as a Way Forward

For individuals facing financial hardship, Cameron Bankruptcy Law may provide relief by eliminating debt or restructuring payments, offering a path toward rebuilding credit and mental peace. Filing Bankruptcy in Raleigh, NC with a professional can help determine if this is a suitable option, creating a fresh start and reducing cost anxiety, depression, and stress in the long term.

Feel free to share this with friends in need!

Sheree & Kerry Cameron
Cameron Bankruptcy Law
https://CameronBankruptcyLaw.com
(919) 627-7748
sheree@CameronBK.com
Our Reviews: http://CameronBankruptcyLawReviews.com

Call Kerry Now! (919) 627-7748

download as PDF

download as PDF

Bankruptcy Does Not Have To Be Scary!

For many people, the word “bankruptcy” brings to mind images of financial ruin, endless stress, and an uncertain future. But what if I told you that bankruptcy isn’t something to fear? As long  as you tell the whole truth, there are no “sharks” in bankruptcy.

In fact, it can be one of the most empowering tools to regain control over your financial life. Let’s explore why bankruptcy isn’t as frightening as it seems and how it can offer a fresh start for those in need.

Understanding Bankruptcy

At its core, bankruptcy is a legal process designed to help individuals or businesses who cannot pay their debts. It provides a structured way to either eliminate or reorganize debts, giving people a chance to rebuild their financial lives. Far from being a punishment, bankruptcy is a resource to protect you from spiraling further into financial trouble.

There are two main types of personal bankruptcy in the United States:

1. Chapter 7: Often called “liquidation bankruptcy,” this process involves selling certain non-exempt assets to pay off creditors. Most unsecured debts, like credit card balances and medical bills, are discharged, meaning you no longer owe them. You can be “Debt-Free” in 90 Days! You can buy a house after two years.
2. Chapter 13: Known as “debt reorganization,” this type allows you to keep your property while setting up a court-approved repayment plan over three to five years. This can make debts more manageable and prevent foreclosure on your home. You can even sell or buy a house in Chapter 13.

Debunking Common Myths

1. Myth: Bankruptcy Means Failure Bankruptcy doesn’t mean you’ve failed; it means you’re taking responsibility for your financial situation and seeking a solution. Many successful individuals, including entrepreneurs and celebrities, have filed for bankruptcy and gone on to thrive.
2. Myth: You’ll Lose Everything In reality, bankruptcy laws include exemptions that allow you to keep essential items like your home, car, and personal belongings. The goal is to help you get back on your feet, not strip you of everything. Most people lose nothing.
3. Myth: Bankruptcy Destroys Your Credit Forever While bankruptcy does impact your credit score, it’s not permanent. Most people see their credit jump up immediately since it changes the person’s Debt-to-Income Ratio. In fact, clearing your debts through bankruptcy can make you a better credit risk than struggling to make payments you can’t afford.

The Benefits of Bankruptcy

1. Immediate Relief: Filing for bankruptcy triggers an automatic stay, which halts collection efforts, wage garnishments, and foreclosure proceedings. This gives you breathing room to sort out your finances.
2. Debt Discharge: Bankruptcy can eliminate overwhelming debts, allowing you to focus on rebuilding rather than drowning in payments.
3. Financial Reset: It’s a chance to reassess your financial habits, create a budget, and establish a solid foundation for the future.
4. Emotional Freedom: Living under the weight of unmanageable debt is exhausting. Bankruptcy can alleviate that stress and provide peace of mind.

The First Step

If you’re considering bankruptcy, the first step is to consult with a qualified bankruptcy attorney. They can explain your options, guide you through the process, and help you make an informed decision. Remember, you don’t have to navigate this alone.

Moving Forward

Bankruptcy isn’t the end of the road; it’s a new beginning. By letting go of unmanageable debt, you’re creating space for growth and stability. While the decision to file for bankruptcy is never easy, it’s often the first step toward a brighter financial future.

So, let go of the fear. Bankruptcy isn’t scary—it’s a tool for reclaiming your life and taking back control. With the right mindset and support, you can move forward stronger and wiser than before.

Sheree & Kerry Cameron
Cameron Bankruptcy Law
https://CameronBankruptcyLaw.com
(919) 627-7748
sheree@CameronBK.com
Our Reviews: http://CameronBankruptcyLawReviews.com

Call Kerry Now! (919) 627-7748

download as PDF

7 Strategies to Get Out of Debt

First Step: Understand Where You Stand

1. Assess the Situation

• List Your Debts: Write down all debts, including creditor names, amounts owed, interest rates, and due dates.
• Understand Your Finances: Add up your income, expenses, and debt-to-income ratio. This gives you the big picture.

2. Create a Budget: Track Spending: Find unnecessary expenses you can cut.

Step 2: Choose a Repayment Strategy or a Combination of These 7 Strategies

1. Debt Snowball Method
   1. How It Works: Pay off the smallest debt first, then move on to the next smallest.
   2. Pros: Builds momentum and motivation.
   3. Cons:
      • Higher Interest Costs: By focusing on the smallest debts first, higher-interest debts may accrue more interest over time, increasing the total cost of repayment.
      • Slower Debt Elimination: Large high-interest debts may take longer to pay off since they are addressed later in the plan.
      • Psychological Pitfalls: If the person gets too focused on small wins, they might lose sight of the overall goal of reducing total debt efficiently.
      • Risk of Overconfidence: Early successes might lead to less disciplined spending, delaying debt repayment.
      • Bad Credit: If you don’t make at least minimum payments on all your debt, all the time, your credit could be ruined. Credit card will likely go up to 29% compound interest with quickly can become unmanageable.

1. Debt Avalanche Method

1. 1. How It Works: Pay off debts with the highest interest rates first to save money over time.
   2. Pros: Saves on interest.
   3. Cons:
      • Lack of Early Wins: Progress may feel slow, especially if the highest-interest debt is also the largest. This can lead to frustration and reduced motivation.
      • Requires Strong Discipline: Without small victories, it can be harder to stay committed, particularly for individuals who struggle with financial habits.
      • Impact on Cash Flow: Focusing on large, high-interest debts might leave less money for day-to-day expenses, creating financial strain.
      • Risk of Abandonment: If motivation wanes or unexpected expenses arise, the plan might be abandoned, delaying debt repayment.
      • Bad Credit: If you don’t make at least minimum payments on all your debt, all the time, your credit could be ruined. Credit cards will likely go up to 29% compound interest which quickly can become unmanageable.

3.     Negotiate with Creditors

• • What You Can Do:
    • Ask for lower interest rates or more affordable payment plans.
    • Offer to settle for a lump sum at a reduced amount.
      • Pros: Sometimes, creditors agree to reduce your debt by 20%-50%.
      • Cons:

• • • • • Negative Reporting: If you settle a debt for less than the full amount, it may be reported as “settled” rather than “paid in full,” which will lower your credit score.
        • All Credit Negotiating Companies will want you to be at least six months behind on payments as a tool to negotiate. This will ruin your credit!
        • Scams: Most debt settlement companies are VERY unreliable—research carefully!
        • Taxable Income: Forgiven debt might count as income on your taxes.
        • Not Every Creditor will negotiate with you.

4.  Boost Your Income

• Find Extra Money:
  • Take a side job or freelance work.
  • Sell unused items.
  • Ask for a raise or use a talent to make money.

5. Debt Consolidation

• Options:
  • Combine debts into one loan with a lower interest rate.
    • Hard to do with low credit.
  • Use balance transfer credit cards with 0% introductory APR.
    • Need to qualify for new, good credit cards
  • Take a home equity loan. – It simplifies payments and can lower interest rates.
    • If you use home equity, you risk losing your home.
    • Converting unsecured debt into secured debt can be risky.
    • You could lose your house if you get behind on payments
    • Must have home equity and good credit

6. Bankruptcy

• Chapter 7 Bankruptcy: Wipes out unsecured debts for those with average to low income and don’t have property over State exemptions.  Ask an attorney about this.
  • Pros:
    • Stops creditor harassment
    • Stops wage garnishments
    • Stops debt collections
    • Stops legal actions
    • Provides a chance to rebuild credit
    • Preserves mental health
    • Less strain on relationships
    • Wipes out most types of unsecured debt
    • Generally raises credit score.
    • Most are finished in about 90 days
    • Can be taken off your credit report months after completion.
    • You are eligible to buy a home in two years.
    • It affects you less the further you get from it.
    • It is relatively low cost.
    • Many lenders will work with you
    • It is in the Constitution
    • It is Biblical. See http://BibleandDebt.com

• • Cons
    • Best when you use a bankruptcy attorney
    • While it generally raises your credit score, it does put a warning on your credit report that can make interest rates higher and harder to rent a home.
    • Unless you take it off your credit report, it will stay on it for ten years.
    • You have to wait two years to buy a house through typical means.
    • In rare cases people can lose things they don’t want to lose – but it is never a surprise with a good attorney
    • Some lenders will not work with you.

• • Chapter 13 Bankruptcy: This is designed for people who make more than the average income for their family size according to their State. It is also for people who have possessions they want to keep that are over-exemptions for their state. It is also used to catch up on secure debt that is delinquent like houses and cars.
    • Pros:
      • Stops creditor harassment
      • Stops wage garnishments
      • Stops debt collections
      • Stops legal actions
      • Provides a chance to rebuild credit
      • Wipes out most unsecured debt although some payment may be necessary
      • Generally raises credit score.
      • Saves homes in foreclosure
      • Saves vehicles that have been repossessed, or will be soon.
      • It can be taken off your credit report months after completion.
      • You can buy a home & vehicle while in it.
      • Effects you less the further you get from it.
      • Can sometimes lower the amount paid on vehicles
      • Stretches vehicle payments over 3-5 years.
      • Generally pay your creditors something, maybe everything.
      • You rarely have to give a possession up, with the sometimes exception of luxury vehicles.
      • You generally can afford it.
      • It is in the Constitution
      • It is Biblical. See http://BibleandDebt.com
    • Cons
      • Best when you use a bankruptcy attorney
      • While it generally raises your credit score, it does put a warning on your credit report that can make interest rates higher and harder to rent a home.
      • Unless you take it off your credit report, it will stay on it for seven years.
      • It takes 3-5 years to complete
      • It is more expensive than Chapter 7.
      • You can’t afford many luxuries while in Chapter 13 bankruptcy.

7.   Do Nothing

• • • Pros: It’s free. Most unsecured debt falls off your credit report 7-years after the last payment unless it becomes a judgment.
    • Cons:
      • Ruins Credit
      • Can lead to Judgements that can last 20 years.
      • Creditor harassment nearly hourly
      • Inability to buy much on credit, and at high interest rates
      • No credit cards
      • Big deposits on utilities
      • Lower paying jobs
      • Lose valuable belongings
      • Hard to rent a home
      • Impossible to buy a home
      • Stress

Sheree & Kerry Cameron
Cameron Bankruptcy Law
https://CameronBankruptcyLaw.com
(919) 627-7748
sheree@CameronBK.com
Our Reviews: http://CameronBankruptcyLawReviews.com

Call Kerry Now! (919) 627-7748

Sheree’s & Kerry’s  Bankruptcy Story

It was 2003, and life was looking pretty good. Sheree had just graduated from UNC Law, ready to take on the world as a new attorney. I (Kerry) was doing just fine as a children’s magician in the Triangle. Sheree landed a job at a bankruptcy law firm in Boone, NC. With a young baby and exciting new beginnings, everything seemed great.

But once we moved to Boone, I ran into a problem. Traveling back to the Triangle for magic shows was tough—it was a four-hour drive each way, and it really took a toll. Still, Sheree had a job, and we were making it work!

Then something unexpected happened. Sheree noticed her new boss wasn’t exactly following the rules. It bothered her so much that we reached out to the NC Bar Ethics Panel to see if her boss’s practices were legal and ethical. Turns out, they weren’t. The Ethics Panel also warned that if her boss got caught, Sheree could be held responsible too, putting her law license at risk.

Talk about being stuck between a rock and a hard place! I couldn’t fully support us like I had in the Triangle because Boone’s population was too small, and the long drives to Raleigh were exhausting. Plus, we’d just signed a lease on a house we could no longer afford, and those hefty student loans were looming over us. What could we do if Sheree quit to protect her ethics?

In the end, we didn’t see any other choice. Sheree quit, and we became our own first bankruptcy clients. Filing for bankruptcy allowed us to break the lease and move into a smaller house with space for an office. Sheree decided to start her own practice, and that’s where things turned around.

Thankfully, I had some experience with web design from my programming days, so I built a website for Sheree’s new firm. It was tough at first, but little by little, things improved. By 2005, changes to bankruptcy laws caused a rush of people needing help, and business started booming.

Now, it’s 2025, and filing for bankruptcy feels like a distant memory. Sheree has become one of the top bankruptcy attorneys in the country. Our decision to treat clients like family has paid off in every way. Today, we’re proud to have the best Google reviews in the state! (Check them out here: http://CameronBankruptcyLawReviews.com.)

If things feel tough for you right now, remember: there’s light at the end of the tunnel. Bankruptcy can give you and your family the fresh start you deserve.

Sheree & Kerry Cameron
Cameron Bankruptcy Law
https://CameronBankruptcyLaw.com
(919) 627-7748
sheree@CameronBK.com
Our Reviews: http://CameronBankruptcyLawReviews.com

Call Kerry Now! (919) 627-7748

download as PDF

How Much are You Losing by Delaying Filing Bankruptcy?

Let Cameron Bankruptcy Law Save You Money and Time!

Here’s a graph showing how credit card debt can grow over time due to interest, turning a small balance into a fortune. It demonstrates the power of compound interest and why it’s important to manage credit card debt wisely.

Compound interest on credit cards is how unpaid balances grow over time, making your debt more expensive the longer it takes to pay off. Here’s how it works:

1. Daily or Monthly Interest: Credit cards usually calculate interest daily or monthly, based on your annual percentage rate (APR). If your APR is 18%, the daily interest rate is about 0.05% (18% ÷ 365 days).
2. Adding Interest to the Balance: If you don’t pay your balance in full by the due date, the credit card company charges interest on your remaining balance. This added interest becomes part of your balance for the next billing cycle.
3. Interest on Interest: Here’s where it compounds. In the next billing cycle, the credit card applies interest not just to the original balance but also to the interest that was added. Over time, this snowballs, making the total amount you owe grow faster.

Bad credit can make everything more expensive and lead to missed opportunities, affecting everything from housing to jobs, and even health. For those struggling with debt, Bankruptcy in Raleigh, NC could be a smart way to get back on track and break the cycle of financial stress. Here’s a closer look at the true cost of bad credit, plus how filing for bankruptcy can provide financial relief and a fresh start.

How Bad Credit Costs You Money (and How Bankruptcy Can Help!)

High-Interest Rates on Loans and Credit Cards

• • Why It Hurts: Bad credit means lenders see you as a risk, so they charge higher interest. This adds up, especially with credit cards and loans for big purchases like a car or house.
  • Average Cost: A $10,000 loan at a higher rate could cost $5,000 to $7,500 more in interest over five years! If you make only the minimum payments on a $10,000 credit card balance at 29% interest over 20 years, you would pay approximately $82,207 in total, and after 20 years, you would still have a remaining balance of about $27,126.
  • How Bankruptcy in Raleigh, NC Can Help: Filing bankruptcy with Cameron Bankruptcy Law can wipe out high-interest debt, freeing up income and helping you qualify for lower interest rates.

Getting Approved for Loans or Credit Cards With Bad Credit

• • Why It Hurts: Low credit scores make it harder to get approved for loans or credit cards. People with bad credit often have to rely on costly payday loans in emergencies.
  • Average Cost: Each payday loan can rack up to $1,000 in fees per loan cycle!
  • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy with Cameron Bankruptcy Law clears old debt, improving your credit-to-debt ratio so you’re more likely to qualify for affordable credit in the future.

Higher Costs to Rent Apartments

• • Why It Hurts: Landlords generally check credit scores. With bad credit, you might needa larger deposit, or worse, might be turned down for housing. They can also raise your rent due to bad credit.
  • Average Cost: Higher deposits can cost an extra $3,000 to $4,500 upfront on a $1,500 per month rental.
  • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy with Cameron Bankruptcy Law improves your credit over time, helping you avoid extra fees and get better rental options.
    

Average Mortgage Rates According to Credit Score

Here’s a graph showing how mortgage interest rates typically rise with lower credit scores. As credit scores drop, the rates increase sharply, reflecting higher lending risk. The dashed lines highlight thresholds for “low” (580) and “good” (700) credit scores.

• • Why It Hurts: Low credit scores lead to higher mortgage rates, making home ownership much more expensive over the long term. If your credit is too bad you will get turned down!
  • Average Cost: For a $200,000 mortgage, paying a higher interest rate could mean $80,000 to $100,000 more than someone with good credit over the life of the loan.
  • How Bankruptcy in Raleigh, NC Can Help: Filing bankruptcy with Cameron Bankruptcy Law can improve your credit, so you’re more likely to qualify for a lower mortgage rate.

Higher Car Loan Costs

• • Why It Hurts: Bad credit impacts car loans too, leading to higher monthly payments and even fewer financing options.
  • Average Cost: Paying a higher interest rate on a car loan could cost an extra $10,000 to $15,000 over 20 years for multiple cars.
  • Bad credit can also force you to buy cars for even twice what they are worth form car lots!
  • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy with Cameron Bankruptcy Law can reduce debt and improve credit, helping you qualify for lower car loan rates.

Increased Insurance Premiums

• • Why It Hurts: Insurance companies sometimes charge higher premiums for people with poor credit scores.
  • Average Cost: Higher premiums could cost $240 to $600 more per year, adding up to $4,800 to $12,000 over 20 years.
  • How Bankruptcy in Raleigh, NC Can Help: With Cameron Bankruptcy Law you can have improved credit post-bankruptcy can lower your insurance premiums, saving you money every month.

Limited Job Opportunities Due to Poor Credit

• • Why It Hurts: Many employers check credit scores as part of the hiring process, especially in finance or security sectors. Low scores may hurt or eliminate your chances of getting the job.
  • Average Cost: Missing out on higher-paying jobs could cost $10,000 to $60,000 per year, or $200,000 to $1,200,00,000 over 20 years.
  • How Bankruptcy in Raleigh, NC Can Help: By filing bankruptcy with Cameron Bankruptcy Law and improving your credit, you can access better job opportunities and grow your income.

Extra Deposits for Utilities and Services

• • Why It Hurts: Utility companies often require larger deposits from those with low credit scores.
  • Average Cost: Extra deposits for essential services could add up to $900 to $1,500 each time you move.
  • How Bankruptcy in Raleigh, NC Can Help: Filing bankruptcy with Cameron Bankruptcy Law can improve credit scores, making it easier and cheaper to set up utilities.

Harder to Start a Business

• • Why It Hurts: Bad credit can prevent you from getting business loans, which limits your ability to start or grow a business.
  • Average Cost: Missing the chance to start a business could mean $50,000 to $100,000 in lost income over several years.
  • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy clears debt, improving your credit and opening doors for future business funding.

Limited Financial Safety Net

• • Why It Hurts: Bad credit means fewer options for borrowing in emergencies, which can lead to costly payday loans or debt.
  • Average Cost: High-fee loans could cost $20,000 to $60,000 over 20 years.
  • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy, with Cameron Bankruptcy Law, can give you a fresh start, allowing you to save for emergencies rather than relying on costly credit.

Debt Consolidation Costs

• • Why It Hurts: Higher rates on consolidation loans mean more money spent on interest, even if you’re trying to manage debt.
  • Average Cost: High consolidation rates could cost $5,000 extra over five years.
  • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy helps clear or reduce debts, eliminating the need for high-interest debt consolidation.

Health Issues from Financial Stress

• • Why It Hurts: Financial stress can lead to health issues, like anxiety and heart disease, increasing medical costs.
  • Average Cost: This stress can easily add $20,000 to $60,000 in healthcare costs over 20 years.
  • How Bankruptcy in Raleigh, NC Can Help: Reducing debt through bankruptcy can relieve stress, improving health and productivity. Cameron Bankruptcy Law can help.

Limited Travel and Moving Options

• • Why It Hurts: Bad credit can make it hard to rent a car, book hotels, or relocate, adding extra costs and restrictions.
  • Average Cost: These limitations can add $10,000 to $30,000 in fees and lost opportunities over 20 years.
  • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy can improve credit, giving you more travel and relocation freedom.

Difficulty Improving Credit Without Help

• • Why It Hurts: Bad credit can be tough to break without affordable credit tools or guidance.
  • Average Cost: Difficulty improving credit can cost $10,000 or more in lost opportunities.
  • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy resets your finances, making it easier to start fresh and build positive credit.
    

Total Potential Average Loss from Bad Credit:

800K for a Single Person Over 20 Years

Bankruptcy in Raleigh, NC Could be the Right Move

Bad credit costs more than you might think. Bankruptcy in Raleigh, NC could be the first step toward a brighter financial future. It allows you to reset your finances, eliminate high-interest debt, and improve your credit score, helping you save money on everything from interest rates to job opportunities. At Cameron Bankruptcy Law, we’re here to help you understand your options and guide you toward financial freedom. Don’t wait to make the change—reach out to explore how bankruptcy can put you on a path to financial security!

Feel free to share this with friends in need!

Sheree & Kerry Cameron
Cameron Bankruptcy Law
https://CameronBankruptcyLaw.com
(919) 627-7748
sheree@CameronBK.com
Our Reviews: http://CameronBankruptcyLawReviews.com

Call Kerry Now! (919) 627-7748

download as PDF