http://www.legacybookshop.com/new-bankruptcy-law-basics/ One Stop Law Books Destination Fri, 12 Aug 2011 12:34:00 +0000 hourly 1 http://www.legacybookshop.com/new-bankruptcy-law-basics/comment-page-1/#comment-309 KennethSPoodale Mon, 12 Jul 2010 03:52:22 +0000 http://www.legacybookshop.com/?p=35#comment-309 Declaring bankruptcy does not mean that an individual's subsequent access to credit is cut off. Whether a debtor is allowed to keep credit cards after filing bankruptcy is up to the credit card company. If the <a href="http://www.chapter7bankruptcyreviews.com/" rel="nofollow"><b>chapter 7 bankruptcy</b></a> involves discharging a credit card, the card company will cancel the card unless the debtor reaffirms the debt. Even if the card has a zero balance the credit card company might still cancel the card. Declaring bankruptcy does not mean that an individual's subsequent access to credit is cut off. Whether a debtor is allowed to keep credit cards after filing bankruptcy is up to the credit card company. If the chapter 7 bankruptcy involves discharging a credit card, the card company will cancel the card unless the debtor reaffirms the debt. Even if the card has a zero balance the credit card company might still cancel the card.

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