credit card with a zero balance

September 27th, 2013 by Questions

If you have a credit card with a zero balance will you lose it in a Consumer Proposal or can you keep it.

Posted from: Nova Scotia

Questions

One Response to “credit card with a zero balance”



September 27, 2013 at 6:41 am, A licensed trustee said:

Unfortunately, you are required to surrender all of your credit cards, even cards with a zero balance, if you file either bankruptcy or a consumer proposal. You have the right to re-apply right after you file, but you must disclose that you have filed so the odds of being approved are pretty slim.

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