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Credit cards and bankruptcy in Canada

How far back do they look at credit card transactions when you file bankruptcy. 6 months? 1 year?

One Response to “Credit cards and bankruptcy in Canada”

A licensed trustee said...

In a bankruptcy all creditors automatically file with the trustee a list of all transactions in the previous three months. However, if the creditor believes you have abused the credit cards, they can review transactions for at least a year in the past, and longer if warranted.

If you believe this is an issue, you should discuss this with your bankruptcy trustee to fully explore your options.