The simple answer to this question is “to stop using it.†Actually, the most ideal thing to do is to stop making new charges a few months before you plan to file for bankruptcy. Of course, if you have to file right away, you might not have time to wait. When you get help from a bankruptcy attorney in your area, they may be able to guide
The Proposed Consumer Bankruptcy Reform Act of 2020: What You Should Know
Bankruptcy law changes have been in discussion since 2005. The credit card industry had a hand at the passage of The Bankruptcy Abuse Prevention and Consumer Protection Arc (BAPCPA) in 2005, which not only changed consumer bankruptcies drastically but also made them more difficult and costly for individuals as well as businesses. In 2011, the Ameri
The Proposed Consumer Bankruptcy Reform Act of 2020: What You Should Know
Bankruptcy law changes have been in discussion since 2005. The credit card industry had a hand at the passage of The Bankruptcy Abuse Prevention and Consumer Protection Arc (BAPCPA) in 2005, which not only changed consumer bankruptcies drastically but also made them more difficult and costly for individuals as well as businesses. In 2011, the Ameri
How You Determine “Undue Hardship†When Filing for Student Loan Bankruptcy
Most lawyers would not recommend that you file for bankruptcy if you’re trying to get rid of your student loan debt as bankruptcy proceedings are costly and could put you in more debt. However, you do have this as an option if your debt is unmanageable and your means of income is not enough to pay off the amount of debt you have piled up. Kn
How You Determine “Undue Hardship†When Filing for Student Loan Bankruptcy
Most lawyers would not recommend that you file for bankruptcy if you’re trying to get rid of your student loan debt as bankruptcy proceedings are costly and could put you in more debt. However, you do have this as an option if your debt is unmanageable and your means of income is not enough to pay off the amount of debt you have piled up. Kn