“Dear Steve,
Situation *
I will be filing Chapter 7 bankruptcy. Most likely this will be filed by my attorney next week. I have a large amount of credit card debt and can no longer even make the minimum payments on them.
My daughter will be graduating high school in June and I will be turning 50 yrs old. As a family present my mother is paying for our family to vacation in the Caribbean. Will taking this trip jeopardize my bankruptcy?
Dave”
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Dear Dave,
Not as long as you are not using your credit cards to run up debt before you file.
Have a good time.
Use the trip to make it a turning point in your life. Learn from the bankruptcy and don’t repeat the mistakes you can change.
Hopefully you are going on a cruise. Sitting out on the deck, watching the ocean sail by will be a relaxing break.
Please post your responses and follow-up messages to me on this in the comments section below.
Facing a Similar Situation? You’re not alone — and you have more options than you think. Start with the all your debt relief options page to see what’s realistic, or take the 2-minute bankruptcy quiz if the debt feels unmanageable. Federal Reserve research shows filers recover faster than those who don’t file. If a company is involved, run them through the Scam-O-Meter first.
