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Keeping a no balance credit card with a consumer proposal

If I have a credit card with no balance owing can I keep it open if I do a consumer proposal or do I have to close the account?

Posted from: Ontario

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

You are not able to keep any credit cards during a bankruptcy
or a consumer proposal, so they must all be destroyed or handed over to your trustee.

The only exception is where:

a) the credit card was issued to a third party (e.g. employer, spouse, friend, parent); and

(b) the trustee has confirmation that the issuer or the third party has authorized the bankrupt to continue to possess and use the credit card.