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Can I Go Bankrupt On Just My Credit Cards? – Mike

“Dear Steve,

Can i go bankrupt on just my credit cards?

Mike”

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The Answer

 

Dear Mike,

If you have other creditors like loans, car loans, mortgage, etc. then you need to list all creditors in a bankruptcy. You don’t get to pick and choose who to include and who not to include. Everyone gets an invitation to the bankruptcy party.

If you are asking me this question it sounds like you have a problem or difficult situation with one of your creditors. I would suggest that you click here to contact a local bankruptcy attorney, schedule a free consultation and ask the bankruptcy attorney for some specific advice base don your situation.

Steve

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About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • car loans

    good one….

  • http://www.prepaidcreditdebitcards.co.uk/html/compare_cards_uk.php beatthebank

    The banks have a lot to worry about with the high cost of credit cards and the number of people that are likly to default in the comming years

  • carlos

    Dear Mike i am drowning in debt my work has cut out all overtime ,i have around 35,000 in debt in credit cards which some of it came from a divorce but i have paying for a while what are my options do i stop paying to just make my morgage and my vechile and settle with them later down the road ? please help with some info.

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