There seems to be a misconception that you cannot include credit cards in a bankruptcy. This could not be more far from the truth. In most cases credit cards are treated like any other debt for bankruptcy purposes. The new bankruptcy law did make it more difficult to clear out some debts incurred within a short period prior to the filing of the bankruptcy. The law in this area is basically the same as it was prior to the passage of the new bankruptcy amendments. Certain debts can survive the bankruptcy if a creditor files papers with the bk court requesting that the debt survive and the court agrees with the original creditor. The process is not automatic however and you have the opportunity to dispute what the creditor is saying.
Get Advice From A Bankruptcy Lawyer If You Have Any Questions About Bankruptcy Continue Reading »
Tags: bankruptcy, bankruptcy attorney, bk, bk court, can you bankrupt credit cards, can you include credit cards in bankruptcy, credit card disputes, creditor dispute charge, dispute a creditor, filing a bk, filing bankruptcy, new bankruptcy law, speak with a bankruptcy attorney, speak with a bankruptcy lawyer, survive the bankruptcy, what are the steps to filing a bankruptcy
Posted in Bankruptcy Articles
Your credit card company is not your friend. They have one goal in mind and that is to make money off of you. You will probably not find any sympathy from them if you are unable to make your credit card bill.
How will my credit card try and trick me? Continue Reading »
Tags: balance transfer, credit card disputes, credit card tips, credit cards, hidden credit card fees, how to use credit cards, late fee, late fees, mandatory arbitration, my credit card interest rates went up, my interest rates when up, over the limit fee, private arbitration, what to look out for with credit cards
Posted in Credit Card Articles