credit cards

are you allowed to keep credit cards before and during consumer proposals of you do not owe any money on the card before the consumer proposal. Is the trustee obligated to take your cards before the consumer proposal.

Posted from: British Columbia

One Response to “credit cards”

A licensed trustee said...

You may not keep any regular credit cards (even if you don’t owe any money on them) when/if you file a consumer proposal or bankruptcy. You may apply for a secured credit card immediately after you file if you need a credit card – your trustee will be abvle to tell you how to do this.