Do all credit cards have to be listed on a bankruptcy?

Will I lose all of my credit cards if I file for bankruptcy? Even my sears card?
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Answered By: Lorene Lynn Mies, APLC
Simple answer is yes. All credit cards must be listed. If you have a credit card with a zero balance the creditor will discover that you have filed bankruptcy and cancel that card. Don't worry, after your bankruptcy has been discharged you will be able to get new credit cards.

Answer Applies to: California
Replied: 8/27/2010

Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.

Answered By: The Law Office of Mark J. Markus
You must list all assets and all debts in any bankruptcy case. If you owe money on a credit card, it must be listed. Most card companies will close your account when you file bankruptcy regardless of whether you owe them money.

Answer Applies to: California
Replied: 8/26/2010

Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.

Answered By: Ariano & Reppucci
All of your debts must be listed. Most credit cards are closed out even if there is a zero balance, however, some make it through.

Answer Applies to: Arizona
Replied: 8/26/2010

Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.

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