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Q: Can you file bankruptcy on a home equity loan and credit cards?
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If your home has equity and you file bankruptcy on the credit cards do they go after your home?

Generally you have to list your home as an asset. But there are different kinds of bankruptcy, and if things work out, your home ownership could be protected. See a bankruptcy lawyer!!


Can you file for bankruptcy if your credit cards have gone into collections?

Yes.


Can you file bankruptcy on credit cards that are not in your name but you are responsible for?

check Federal Bankruptcy act 801.3


You have a zales credit card it is a jewelry credit card can you file bankruptcy on this card along with your other credit cards?

Yes


If I file bankruptcy on my credit cards only how much does it effect my credit?

You probably won't be able to get credit for the next seven years.


If you file bankruptcy but still have some credit cards with a zero balance on them will you still be able to keep them or will they automatically be closed?

If you have credit accounts in good standing then do not include them in your bankruptcy.


Do you have to get credit counseling before you can file for bankruptcy?

You do not have to necessarily get credit counseling before you can file for bankruptcy.


You are 82 years old your house and car are paid for older home and 2001 car but you have a lot of credit card debt Can you file for bankruptcy just for your credit cards?

You file bankruptcy on all debts you owe. If you only owe money on credit cards you can file on them. Otherwise, if you owe money to a doctor, hospital, bank or other place you have to list them.


How will your credit score be affected when the bankruptcy drops off?

That depends on, what's on your credit bureau file. The score will look at the age of your credit cards, balances and payment history


Can you file for chapter 7 bankruptcy if you have equity in my home?

Sure.


Would it be better to let credit cards go into judgment or file bankruptcy?

Neither. Both of your stated options are bad.


Can you file for bankruptcy with a repo on your credit?

The fact that you have a repossession on your credit report is not a determining factor of whether your can file for bankruptcy. Generally in bankruptcy you can remove the debts from the repossession of your vehicle.