Consumer debt surpassed $4 trillion in December 2018, according to the Federal Reserve. This includes revolving credit card debt, which now stands at over $1 trillion.1 At the end of 2018 alone, more than $41 billion in outstanding credit card balances was added. And, according to data from Experian, the average American has a credit […]
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Black Friday Shopping Tips – Stay Debt Free
A Los Angeles bankruptcy attorney familiar with how many people get themselves into debt, OakTree Law is proud to offer tips to help you stay debt free this holiday season. Believe it or not, this is possible, even as Black Friday approaches. Consumers can easily rack up $1,000 or more of debt during this time. […]