Free Consultation

large advances on credit card

I put money on my cards over the last two months paying off other debts.Can they ask me to pay that into bankruptcy and if so how would I pay that if I have no money? I am thinking of going bankrupt soon.

One Response to “large advances on credit card”

A licensed trustee said...

If you go bankrupt, all creditors will generally provide to the trustee a summary of all transactions you did in the previous three months. Therefore it is possible that you will be asked to pay that money back.

This is a complicated area, so you should contact a personal bankruptcy trustee to explain how the rules will work in your situation.