Legal Question in Credit and Debt Law in Florida
can you keep your credit cards when you lost your home to forclosure ?
Asked on 6/22/14, 2:20 pm
1 Answer from Attorneys
William Gwaltney
William W. Gwaltney, Attorneys at Law
Foreclosure by itself should not directly impact your credit card accounts, unless the card is attached to your home loan. However, the negative impact on your credit score may, but that would be up to the issuer/servicer of your credit account. Further, if you were to file bankruptcy in order to avoid a deficiency judgment, then you would lose your credit cards, at least until after the discharge of your Bankruptcy.
I hope this answers your question.
Answered on 6/23/14, 5:46 am
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