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

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Wiki User

16y ago

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Related Questions

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


Can you file bankruptcy on a home equity loan and credit cards?

Yes.


If a credit card company sues you can you file bankruptcy?

Thier actions, or lack, do not effect your ability to file for bankruptcy.


If you are an additional card holder on a parent's credit card account and you file bankruptcy will the bankruptcy appear on their credit?

The bankruptcy will appear on their credit if you include this card in your bankruptcy. If you leave the card off the bankruptcy, it will not effect their credit.


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 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 does bankruptcy effect your credit score?

First off once you file bankruptcy you cannot do it again for 7 years. Bankruptcy stays on your credit report for 10 years. Rather to try to describe what the different types of bankruptcy will do to your credit click the link for more information.


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


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

Neither. Both of your stated options are bad.