Can I keep my credit cards after I file for Chapter 13 bankruptcy?
Generally, NO. Under some circumstances you may be able to keep your credit cards. There are many factors which must be considered. Some of those include the credit card balance at the time of the bankruptcy, what the credit card company is willing to do and your ability to pay the present and future credit card debt. Under Chapter 13, the Bankruptcy Court must usually approve any new debt you make, which includes future credit card charges.
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Posted in Chapter 13 Basics