Keeping a credit card when filing Ch. 13

[southernbelle]

[qwertysue]

By law, you must list all of your creditors, you cannot pick and choose which creditors to include.

[CindyLou]

if it has a zero balance you do not have to include it. And then technically you would have to pay in full each month because you cannot take on new debt during a chpt 13 without a trustees permission

[Bandit]

If you are fortunate enough to have a CC keep you on after BK, then you did well. The CC makes that decision, not us. I understand it does happen but is very rare. This was my first concern also. Unfortunately it does not work that way. It would have been in my favor if I could have just filed on the medical bills and kept my cards but they want everything not just the ones we cannot pay and it does not even matter how long and good a persons standing is to a lender.

That is how I understand it for now.

[Bandit]

Hi Cindylynnsmith. Good to see you around. I always appreciate what you offer here.

[CindyLou]

Thanks!
BTW, southernebelle, what company is your card with? Bandit has a good point. Regardless of whether you want it open or not, the company may close it when they find out you file. Amex will close, BOA will close...most of the other major ones will. HSBC will keep open as well as Juniper and Columbus Bank and Trust...as long as they are not included! Good luck.

[southernbelle]

The card is with a local credit union. I also have Juniper with a balance on it, but because of my income will have to file Ch. 13. I guess I will look into prepaid cc's or struggle without until I can get a small unsecured card. Thanks for the info.