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If I declare bankruptcy to stop credit card debt do I still owe interest on the credit cards?
Wiki User
∙ 7y ago
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.
Wiki User
∙ 7y ago
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Is it possible to just declare bankruptcy on credit cards?
You can declare bankruptcy due to credit card debts, yes.
How does bankruptcy affect interest rates on loans and credit cards?
It cause interest rates to rise.
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.
Can you put credit cards on a bankruptcy?
yep
Do you have to list credit cards with a zero balance in a bankruptcy?
no
What companies offer interest-free credit cards?
Here is a site that talks about interest free for 18 months credit cards www.moneysavingexpert.com Cards , Here is a site that talks about credit cards www.moneysupermarket.com/credit-cards
Am I still allowed credit cards after bankruptcy?
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.
Which are the best low interest credit cards?
The best low interest credit cards include CapitalOne Venture One Rewards and Blue Cash Everyday from American Express. You can learn more about low interest credit cards at the Credit Cards website.
Are there any credit cards available with a permanent 0% interest rate?
No, there are no credit cards available with a permanent 0% interest rate. You can however get the low interest rates one at www.which4u.com.au/credit-cards/lowest-interest-rate -
What is the best way to get out of credit card debt?
The typical consumer has access to approximately $19,000 on all credit cards combined." If you're someone who has an unwanted credit card balance, there are ways to get out of credit card debt but you must first make the decision to stop using your cards and begin attacking the balances.
Can credit cards be used after someone files for bankruptcy?
Sometimes credit card charges are not included in bankruptcy. If they are then you will no longer be able to use them.
Can you file bankruptcy on credit cards that are not in your name but you are responsible for?
check Federal Bankruptcy act 801.3
