Is 6-month CC considered "new"?

MelodyHere

Junior Member

Joined: May 2020

Posts: 1

State: Georgia
#1

Is 6-month CC considered "new"?

05-14-2020, 11:31 AM

Hello,

Is a 6-month old Discover card going to be an issue for me in a chapter 7?

How old does a CC have to be to be discharged?

Thank you
Tags: None
justbroke

Super Moderator

Bankruptcy Wizard

Joined: Jul 2008

Posts: 23265

State: Florida
#2

05-14-2020, 11:52 AM

I wouldn't worry about it unless you took very large cash advances (over $750 or so in aggregate) and made no real attempt to pay it back. It's generally a non-issue.

Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog

Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
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