Legal Question in Bankruptcy in Florida
is it legal to max all your credit cards?
at this moment i'm quite heavy on my credit payments to all my different credit cards.
i'm considering of filing bankruptcy. my question is: is it ok or legal to max all my credit cards before filing for bankruptcy?
Asked on 5/27/99, 2:03 am
1 Answer from Attorneys
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: is it legal to max all your credit cards?
The proper aspect to view your question is from that of intent to repay. Your questions indicates that wish to max out your cards with no intention or means to repay the additional debt. Under such circumstances your action would be fraudulent. The action of maing out your credit cards in and by itself is not illegal or fraudulent. If you wish to chat with me call at 305-940-8080
Answered on 6/01/99, 3:09 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
