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2017-02-28 08:54:03
2017-02-28 08:54:03

You are STILL liable for the balance owing on the account. It is up to the credit card company how they decide to recover the debt. Companies would rather recover debt at a lower repayment over a longer period - than wipe out the debt altogether.

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


You can declare bankruptcy due to credit card debts, yes.



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