I've read what seem to be conflicting information regarding keeping any
credit card in bankruptcy.



Is anyone able to keep a CC whose payment is current while going through BK?



Or is it absolutely necessary to list even cards in good standing in the
matrix.... no matter what.



I believe the trustee is going to ask if you have given up your cards during
the meeting, so what's the proper thing to do. I guess I'm wondering, do
people keep cards and not list them?



Thanks for taking time.



John Doe

> I've read what seem to be conflicting information regarding keeping any credit card in bankruptcy. Is anyone able to keep a CC whose payment is current while going through BK?
Sometimes. Creditors vary tremendously in whether they will cancel a CC,
even one with a zero balance, when bankruptcy is filed. Or is it absolutely necessary to list even cards in good standing in the matrix.... no matter what.
Yes. The only cards that don't have to be listed are those with zero
balances.

Brett Weiss
lawyer@brettweiss.com
www.brettweiss.com

Maryland, DC and Federal bars
Member, National Association of Consumer Bankruptcy Attorneys

--> Read our Bankruptcy FAQ at www.brettweiss.com/faq/br_faq.htm

Justice consists not in being neutral between right and wrong, but in
finding out the right and upholding it, wherever found, against the
wrong. —Theodore Roosevelt

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