Credit Card Bankruptcy

Building Credit After Bankruptcy

Credit card issuing agencies may find numerous reasons to challenge your claim. The bank can use such activities as recent increased spending and a new credit card among their arguments. If you received some large cash advances and then filed for bankruptcy, that might be used as a reason. Proof of your intention to defraud your creditors will be established by all these actions. Waiting for six months between the time you last use your credit card and when you file for credit card bankruptcy is best.
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Tags: Bankruptcy Fraud