Credit Cards & Bankruptcy Dismissal?

Answer Credit cards are easy to acquire if you are over the age of 18. A potential debtor is allotted a credit card limit, usually beginning at $500, that they may spend on credit, then repay that extende... Read More »

Top Q&A For: Credit Cards & Bankruptcy Dismissal

Can one file for bankruptcy on credit cards only in missouri?

On One Hand: Unsecured DebtYou must include credit cards, along with all other unsecured debt, in a Chapter 7 or a Chapter 13 bankruptcy in Missouri. Unsecured debt also includes such items as medi... Read More »

When do i stop using credit cards if filing bankruptcy?

On One Hand: Stop at Least 40 Days Prior to FilingUnder U.S. bankruptcy laws, any questionable purchases or charges that you have made within 40 days of filing your petition for bankruptcy (or cash... Read More »

How Soon Should I File Bankruptcy After Not Paying Credit Cards?

There are three national credit bureaus in the United States. The Fair Credit Reporting Act, or FRCA, states that all three credit reporting bureaus must provide you with a free credit report once ... Read More »

Can we declare bankruptcy for store credit cards?

On One Hand: Yes, You Can Declare Bankruptcy for Store CardsAlthough store credit cards can be enticing, especially when coupled with low-interest offers, the credit limits are often low and the pe... Read More »