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{| |- | Bankruptcy is not an advisable option as it damages your credit for a long period of time, instead you can go for other debt relief options like debt consolidation or debt settlement. I consolidated my credit card debt with the help of Freedom Debt Relief, their debt reduction program helped me reduce my debt levels. |}
What else can I help you with?
Are store cards and credit cards classed as the same thing on a credit file?
yes
Would it be better to let credit cards go into judgment or file bankruptcy?
Neither. Both of your stated options are bad.
Can you file for bankruptcy if your credit cards have gone into collections?
Yes.
Can you file bankruptcy on a home equity loan and credit cards?
Yes.
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 I file bankruptcy on my credit cards only how much does it effect my credit?
You probably won't be able to get credit for the next seven years.
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.
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 banks put business credit cards on your personal credit history file?
If it is a proprietorship or partnership they can. They can't if you are operating an LLC or a regular corporation.
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
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.
Can a business keep credit cards on file?
Yes. Many businesses, especially mail-order companies, will keep your credit card info to speed future purchases.
