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You are not supposed to do this. You need to list all of your debt. In all likelihood, what will probably happen is that the credit card will find out about it anyway and cancel the card. Even if you have a 0 balance, the credit card will probably take it upon themselves and cancel the card.

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โˆ™ 2007-09-12 15:11:38
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Q: Can you keep a credit card if you dont list it on your bankruptcy and want to keep it but file bankruptcy on all other debt?
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Related questions

Can credit card debt be erased in Tennessee bankruptcy?

A Chapter 7 BK can eliminate credit card debt.


If credit card puts lien on house and i file bankruptcy can i still file the credit card in the bankruptcy?

You have to, it is a debt...it is just a secured debt...by the lien on the property.


Where can one get help for credit card debt bankruptcy?

There are many places where one can get help for credit and debt bankruptcy. For example, Debt Advisors Scotland, Consumer Information and Total Bankruptcy.


What steps can people in credit card debt take to reduce their debt without declaring bankruptcy?

Credit card debt consolidation with the help of an accountant or a debt consolidation service and careful management of income can be helpful steps in reducing your credit card debt without declaring bankruptcy.


Is there a statute of limitations on credit card debt in Illinois?

You will owe your credit card debt until it is forgiven, discharged in bankruptcy or paid off. Credit card debt can be negotiated down with the creditors.


Is an authorized credit card user responsible for credit card debt if the primary card holder declares bankruptcy?

No. The card holder is responsible for all debt on the credit they extended to him. (You may be responsible to the credit card holder for the debt he incurred for you, if that was your agreement).


How do you stop wage garnishment for credit card debt?

file bankruptcy


Can you charge on a credit card that is in your bankruptcy AFTER actually filing bankruptcy?

"Whether a debtor keeps credit cards after filing bankruptcy is up to the credit card company. If you are discharging a credit card they will cancel the card unless you reaffirm the debt. Even if you have a zero balance the credit card company might cancel the card."


What is more credit damaging Bankruptcy or settling a credit card debt?

Bankruptcy would be more credit damaging than just having large credit card debt, mainly because it stays on your credit report for longer. One of the biggest disadvantages of filing for bankruptcy is the lasting effect it has on your credit report- typically staying on your report for 7-10 years. With credit card debt there are more flexible options and obviously when you pay the debt and does not stay on your report for as long.


What's the easiest way for getting rid of a credit card debt?

The easiest way to get rid of a credit card debt is to take stock of finances. Some other easy ways to get rid of a credit card debt are to cash in investments, create a plan, file for bankruptcy and many more.


When you have a debt for overpayments by social security can you declare bankruptcy on the social security debt and still keep your credit card?

== == NO, you have to turn in any credit cards and include the credit card debts in the bankruptcy. You can't pick and choose what debts you are going to include.


Where can someone erase credit card debt without going into bankruptcy?

There is no legal way to erase credit card debt without filing for bankruptcy. If this was possible, then the inventor would be extremely rich, and no-one would have any debts.


What is the statute of limitation on credit card debt in Georgia?

The limitation is 4 to 6 years depending on the type of credit card debt. Many people declare bankruptcy when they could just wait for the debt to disappear.


If you file for bankruptcy what happens to your credit card debt?

You credit card debt, for the most part is discharged when you file for bankruptcy. As soon as a debtor files for bankruptcy, there is an automatic stay and most creditors must stop their collection efforts. Thus, the debtor can begin rebuilding his credit; financially-speaking, the debtor can start over.


If your wages are garnished for a credit card debt do you list it as a secured debt when filing bankruptcy?

No, credit card debt is always considered "unsecured" regardless of what legal action may have been implemented in the collection of monies owed,


If you incur a debt on credit card after you file chapter 13 and are still under the bankruptcy can that credit card company do anything legal to collect your debt?

Declaring bankruptcy does not allow you to go out and spend money without having to pay it back. Yes, the debt is not covered by the Chapter 13 filing, so they can do what they can to collect the new debt.


If authorized user on credit card claims bankruptcy will it hurt primary card holder's credit?

No, presuming the credit card holder makes all the payments he is supposed to...the user is not liable for the debt on the card, and it is not part of his BK.


Does bankruptcy eradicate credit card debt?

NO... the debt remains on file with the creditor. If you apply for credit at a later date (after the bankruptcy has been resolved) - your history will still be available to anyone who does a credit search on your name. Creditors can still come after you for their money if you re-start a credit account.


Is it legal to get a credit card after bankruptcy?

It is up to the credit card company/bank to give you a credit card. If they approve you, that is their risk. Lately, card companies purposely target people with bad credit (including people who have gone through bankruptcy) because they have a better chance of making a profit through late fees and high interest. Also, new bankruptcy laws state that credit card debt can now not be relieved through bankruptcy. So, if you have bad credit or you are an idiot with your money, don't fool around with credit cards.


Is better not to pay your credit cards or file for bankaruptcy?

{| |- | Bankruptcy is not an advisable option as it damages your credit for a long period of time, instead you can go for other debt relief options like debt consolidation or debt settlement. I consolidated my credit card debt with the help of Freedom Debt Relief, their debt reduction program helped me reduce my debt levels. |}


Stopping a bankruptcy order over credit card?

Been paying a credit card under a payment agrement the company sold on the debt to another company and the have sent a letter and a draft of a bankruptcy order for the full amount!


Can you file bankruptcy on credit card debt alone?

No. You must include all assets and all debts in your filing.


What debts could possibly be forgiven under Chapter 7 bankruptcy?

credit card debt


What is the difference between a debt card and a credit card?

The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.


Where can one find more information about the trends of college student credit card debt?

There are several places that one can find information about the trends of college student credit card debt. Two such websites would be Total Bankruptcy as well as Credit.