Credit Card Usage

August 27th, 2008 by Questions

Am I able to use a credit card that has been issued to me as a supplementary card by a friend on his account during my bankruptcy?

Posted from: Ontario


One Response to “Credit Card Usage”

, Barton Goth - Goth & Company Inc. - Bankruptcy Trustees said:

Any cards you may have at the date you file bankruptcy must be delivered to your trustee. If this supplementary card is given to you by the friend after the bankruptcy then you shouldn’t have any problems.

Although, I would recommend you think carefully about this prior to accepting the card as the whole intent of filing for bankruptcy is to allow you to be cleared from your debt and obtain a fresh start. This start won’t be very fresh if you come out of bankruptcy and owe money to a friend for credit card purchases.

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