Probably not. Where there is joint debt, all parties are liable for repayment. Especially if the residence is in a community property state. There could be grounds for a civil suit, if the agreement for repayment was made in writing or perhaps verbal, that was witnessed. That will not change the status of the CR, until the debt is paid.
no
it does not work
It will remain on the report for the required length of time and should be marked "included in bankruptcy."
If you have credit accounts in good standing then do not include them in your bankruptcy.
Bankruptcy does not get discharged. Debts are discharged. The bankruptcy will remain on your credit report for 10 years from the date of filing. The debts that were discharged can remain for 7 years from the date of discharge, showing a zero balance and that they were discharged in bankruptcy.
no
it does not work
Yes. You are not really getting credit-it draws from your balance like an atm.
It will remain on the report for the required length of time and should be marked "included in bankruptcy."
If you have credit accounts in good standing then do not include them in your bankruptcy.
It may be challenging to obtain a balance transfer card while you have a bankruptcy that hasn't yet discharged. Most credit card issuers consider your credit history, and a pending bankruptcy can significantly impact your creditworthiness. However, some lenders specialize in offering credit to individuals with poor credit or those undergoing bankruptcy. It's advisable to shop around and consider secured credit cards as an alternative until your bankruptcy is discharged.
"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."
Bankruptcy does not get discharged. Debts are discharged. The bankruptcy will remain on your credit report for 10 years from the date of filing. The debts that were discharged can remain for 7 years from the date of discharge, showing a zero balance and that they were discharged in bankruptcy.
Not likely. They can come to collect if you have a balance but sue you why?
The still stay on your credit report the normal length of time for negative credit entries (7 years). After the discharge, they might still show a balance but should also make not of being included in the bankruptcy.
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.
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.