Can I file bankruptcy on my divorce attorney and keep my credit cards?
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Can I file bankruptcy on my divorce attorney and keep my credit cards?
Asked on December 19, 2011 under Bankruptcy Law, New Jersey
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
When you file bankruptcy, it affects ALL your debt, all your loans, and all your open or revolving accounts (e.g all your credit cards)--you cannot selectively file bankruptcy only on this debt or that debt. Instead, bankruptcy will affect all your credit, all your debt, all your obligations, etc. That's not to say it's the wrong option for you--for example, if you file bankruptcy because you can't afford your debts, you may be able afterward to obtain a secured credit card (one where you put up some money to secure it)--but you need to factor in the entire, broad-based impact into making your decision.
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.