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Answered 2015-01-18 07:25:20

Yes. If you declare bankruptcy you must declare all cards, loans, assets and debts.

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First thing you need to do if you want to declare bankruptcy is get credit counseling and see if this is what you should do. If you do decide to declare bankruptcy you need to file with the courts. Bankruptcy doesn't take away all debts such as child support.


Yes, all credit cards are considered debt no matter what the name of the card is.


You either have to work out something with the credit companies or declare bankruptcy. The bankruptcy process will liquidate all of your goods and assets, with exceptions for minimal housing and vehicles, and allow you to start over. You will have to consult a bankruptcy attorney.


Get a copy of all three credit reports. The addresses and/or phone numbers of all your creditors should be listed on the report. You should also include the addresses listed on your statements so that in case your credit report has an error your creditor will still get notice of your bankruptcy.


No. You do not "declare bankruptcy" ON anything. You declare bankruptcy when you cannot pay your bills as they come due. You must list all your assets and all your debts. What happens after that depends on which title you are filing under, chapter 7, 11, 12 or 13.


Yes, bankruptcy does cover all debts. If you declare bankruptcy, the other guy doesn't get paid, and you leave laughing.


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.


Bad credit is not the only disadvantage to filing for bankruptcy. The most obvious disadvantage of filing for bankruptcy is that it will ruin your credit for at least 7-10 years. Some other disadvantages include:* Losing credit cards* Losing non-essential possessions* Inability to obtain a mortgage for some time* Embarrassment* Not all debt will be discharged


No. I have no idea where you would have got this notion. Social Security cards are not credit cards and cannot be used as credit cards.


All assets whether paid for or not must be listed.


Possibly ... but it's going to take many years ... possibly between 7 and 15 years to clear all the debt from your credit history.


Paying off all credit cards each month Paying off all credit cards each month


Your credit score will go down drastically with a bankruptcy reporting on your credit reports. All your items included in bankruptcy will be reporting too. The best thing you can do is try to remove the bankruptcy by disputing it to the credit bureaus. You will also need to dispute everything that is included in bankruptcy. You will also need to pay your bills on time, get a variety of credit and begin a good payment history on your other accounts.


Yes, you have to list EVERY creditor that you have an account with, even those that you are current with or have no balance due. You can run the risk of getting in trouble with the bankruptcy court if you don't.


Minecraft accepts all major credit cards, including PayPal.Some credit cards areVisaAmerican ExpressMaster Card


Banks do not sell credit cards but rather offer first time credit cards to those trying to build their credit. RBC, TD, and CIBC all offer first time credit cards to their clients.


Yes, it is very very difficult to repair credit after a bankruptcy. Once an individual or a company goes to bankruptcy, then all of the belonging of them are taken by the bank & thus there is nothing left to repair with.


Significantly, but most important of all will be what have you done to make sure you have paid your credit cards on time and how have you rebuilt good credit since you last file Chapter 7.


It all depends on how yu want to do it. The best advice I can give is to say take it slow and be very very careful. After discharge of the debts, those who declared bankruptcy receive tons of credit offers. Most of them are very bad for the consumer. I usually suggest someone start out with a pre-paid credit card and then move on to a different credit card once they learn how to control their financial situation. The worst thing to do is to get yourself in a pile of debt again, because it raises the percentage rates for everyone and if you're unable to handle it, you will not be able to declare bankruptcy again for at least 8 years. The more people who declare bankruptcy, the worse the credit card terms get for everyone. This trend is fact, not fiction and is happening in horrendous (and secret) ways right now...


get a copy of your credit report from all three credit bureaus


You will not need to report your personal credit cards stolen to the credit bureau. Once you have reported your cards stolen to the credit card companies they are with, they will take care of the rest for you.


Yes. I tried to remove a dismissed bankruptcy from my credit report. All agencys were contacted and so was the FTC. They said they had a legal right to keep the Bankruptcy dismissal information on the bureaus files.


Yes. Putting credit cards into debt settlement does not make those debt non-dichargeable in bankruptcy. You can list all credit cards in your bankruptcy, even ones in a debt settlement program. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts and law, which I do not warrant, and I am not suggesting any course of action or inaction to any person. Speak to a lawyer for specific advice. If you have any questions, please refer to a lawyer in your jurisdiction. Thanks!


no you do not accept all credit card some must be a lie.


No, child tax credit is not exempt from bankruptcy in the state of Colorado. Just like all other states within the US, child tax credit has no exemptions.



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