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Can you file bankruptcy and keep two small credit cards that have been kept paid up to date?In: Bankruptcy Law |
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Answer
I am not an attorney but.... Yes, you can keep any loans or credit cards as long as you reaffirm with that company.
Answer
When you file, you list all your creditors. If you do not owe money to a specific credit card, then they are not considered a creditor. So, when its all over with, you can use the card. However, the card will eventually know that you filed, because they "check up" on you once in a while and they will find out. Then they may cancel it or just raise your interest rate.
First answer by Samantha Lee. Last edit by L B. Question popularity: 169 [recommend question]
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