Written by Susan J. Salehi, Esq.
I advise all potential clients that they need to stop using all of their credit cards once they are seriously considering filing bankruptcy. The reason should be obvious: using credit cards when you are contemplating filing bankruptcy can be considered to be fraudulent and the creditor can object to the discharge of their particular debt that was incurred when you knew, or should have known, that you could not repay it.
If there is serious misuse of credit shortly before filing, you could also be in danger of losing your bankruptcy discharge, or have your case dismissed as an abusive bankruptcy.
Bankruptcy is a very powerful tool for the honest debtor. Don’t take the chance that you lose your ability to discharge your debt and obtain a fresh start after bankruptcy by being greedy or foolish – it can set up “red flags” in court case that can lead to a very unhappy result.
Strip Off” 2nd Mortgage Now! in a Chapter 13 Bankruptcy If house is worth less than 1st Mortgage. Get rid of the 2nd Mortgage so you only have the 1st left. Call today to find out more. Chapter 7 & 13 bankruptcies; Stop Foreclosure Free Consultation Free Credit report when you file your Chapter 7 or Chapter 13 Bankruptcy With Our Office. A small down payment can retain the attorney and Stop Collection Calls Today. Call (805)654-1467 today.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.