Legal Question in Bankruptcy in New York

Using a credit card before filing for bankruptcy

I am considering the possibliity of filing for bankruptcy. I jsut recently (yesterday) recieved a new credit car with a limit of 250 dollars. I barel;y have enough money to pay for anything let alone gas to and from work which is about 18 miles away. If I use my new credit card for gas and pay it off before I file can I keep it? Will using it compromise my ability to file at all?

Thanks for your help

Jeremy


Asked on 4/14/01, 11:08 am

1 Answer from Attorneys

Re: Using a credit card before filing for bankruptcy

Your use of the card does not prevent you

from filing

you may reaffirm your debt to the credit card

and keep the credit card even if you do

not pay the entire balance before bankruptcy

do not forget to do the most important thing

and hire a lawyer for the bankruptcy long

before the changes in the law which are

pending now before Congress are passed.

Read more
Answered on 6/09/01, 10:17 am


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