January 12th, 2012 by Questions
i was told that if you have a card with a zero balance you can keep it and use it as soon as your cp papers are accepted is this true
Posted from: Ontario
One Response to “credit cards”
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.
January 12, 2012 at 7:22 pm, A licensed trustee said:
No – you may only keep a credit card if you can demonstrate that the lender has authorized you to do so. Otherwise, the law requires you to surrender all credit cards to your trustee when you file a proposal – even cards with NIL balances.