Sorry, for not asking this in my previous question. if one would like to
keep a credit card that's in good standing what is the process involved.



Is it listed in the creditor's matrix, and then an affirmation is sent to
the creditor sometime after you file?



I'm in the last steps of filling out Ch. 7 papers and can't quite find
anything about affirmation except in regards to secured debts.



Again, TIA and thanks to Jobless Dave



Linda

"Linda" <lusardi@hotmail.com> wrote in message
news:1128989427_132771@spool6-east.superfeed.net... Sorry, for not asking this in my previous question. if one would like to keep a credit card that's in good standing what is the process involved.

That depends on the creditor. Many creditors cancel accounts even when they
have a zero balance on the date of filing.
Is it listed in the creditor's matrix, and then an affirmation is sent to the creditor sometime after you file?

Typically, reaffirmation offers are (or used to be) made by the creditor.
But reaffirmation of unsecured debt is so unpopular that it's not likely
that you'll get a reaffirmation offer. In six years of practice I've signed
off very few of them. Moreover, if you are representing yourself, any
reaffirmation agreement will have to go before a bankruptcy judge for
approval. And if you're insolvent, you can bet the judge won't sign it.
I'm in the last steps of filling out Ch. 7 papers and can't quite find anything about affirmation except in regards to secured debts.

That's because reaffirmation of unsecured debt is not a good idea. If you
just want a credit card as a tool, wait until the case closes and get a new
secured credit card with your local bank.