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How Does Credit Card Debt Settlement Work?

Debt settlement works like this:  A debtor hires a company to settle with the debtor's creditors.  A typical arrangement is for the debtor to pa...

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Keeping a Credit Card in Chapter 7 Bankruptcy

If you file for Chapter 7 bankruptcy, can you keep a credit card so you can use it afterward? While it generally is not a good idea to keep a credit c...

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What are the Bankruptcy Rules Regarding Credit Card Debt?

The credit card bankruptcy rules are very favorable to debtors--credit card debt is one of the main kinds of debts that can be effectively (or elimina...

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What Happens to Credit Card Debt in Chapter 7 Bankruptcy?

The good news for debtors is that a Chapter 7 Bankruptcy will discharge, or eliminate, all credit card debt.

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Using Bankruptcy to Eliminate Credit Card Debt

A debtor can eliminate credit card debt in bankruptcy. The debtor's decision to file for Chapter 7 or Chapter 13 will determine whether the debtor m...

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Killing Credit Card Debt with Bankruptcy

Can you use bankruptcy to eliminate credit card debt? Yes, you can--bankruptcy can be an ideal tool for getting rid of excessive credit card debt.

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