It is possible to recover from a bankruptcy. You should start by getting a secured credit card to rebuild credit. After about seven years you should be able to find a standard credit card that will allow you to get a card.
yep
You can declare bankruptcy due to credit card debts, yes.
no
Yes, it is still possible to get a credit card after bankruptcy. "Secure" credit cards require you to place a security deposit down in the event of default, but they are a good way of rebuilding your credit.
Sometimes credit card charges are not included in bankruptcy. If they are then you will no longer be able to use them.
check Federal Bankruptcy act 801.3
Chapter 7. The credit cards would be unsecured debts.
Yes.
it does not work
When in bankruptcy it is not possible to have a credit card. Once the terms of the bankruptcy have been met, some credit card companies will consider issuing a credit card to some people.
In a personal bankruptcy, business credit cards typically cannot be directly claimed as they are considered business debts. However, if the individual personally guaranteed the business credit cards, those debts may be included in the bankruptcy proceedings. It's essential to consult with a bankruptcy attorney to understand specific liabilities and implications based on individual circumstances.
Yes.