In most cases it makes sense to give up the card and wipe out the debt. There are better ways to rebuild your credit and maintain access to emergency credit. Your lawyer can explain how. If you have a credit card with a small balance, you may be able to keep it and continue to make the monthly payments.

If you wish to engage us to advise you as to your rights and options or to provide other legal services, please click here to contact our Maryland law offices in Baltimore, Dundalk, Bel Air or Owings Mills.