Florida residents may be interested in learning about a Bankrate survey that reveals who in the United States is most likely to hold credit card debt. It was revealed that about 46% of adults in the United States with a net worth of $100,000 or more carry debt from credit cards. That is in comparison with 40% who have a negative net worth.

The survey revealed another surprising statistic. It showed that 57% of individuals who have a net worth that ranges between $100,000 and about $200,000 are most likely to keep credit card debt. There are a variety of culprits to blame. They include a lack of liquidity, more access to credit and lifestyle creep, which is a term that refers to the increase in spending as wages go up.

While it seems reasonable that individuals who earn a six-figure income would have more money to spread around, some find that they do not have as much money as they think. Having more access to credit has led a lot of people to get in trouble with credit card debt. Liquidity is also a problem. Some may have their net worth connected to a home, which means it can be difficult for them to access the money.

It seems that people are getting into debt even though they have a lot of wealth on paper. One statistic showed that about 77% of adults in the United States who had at least a $100,000 net worth had debt related to credit cards, car loans and mortgages. Nearly 60% of people with credit card debt owe around $2,500. About 39% owe at least $5,000.

Some individuals have found that the only way to address their financial situation is with bankruptcy, especially when they are struggling with credit card debt. An attorney could examine a client’s situation and answer questions about bankruptcy law. The attorney could provide practical assistance by helping them file the necessary paperwork and even by representing them in court.