Store Cards and Bankruptcy

There are a few things to keep in mind when considering using store cards during bankruptcy. First, even though store cards may be easy to obtain, they often have high interest rates and can quickly become unmanageable. Second, if you do decide to use a store card during bankruptcy, be sure to keep track of your spending and make payments on time. Finally, remember that any debts discharged in bankruptcy will not be eligible for discharge again for another eight years.

Despite the drawbacks, there are some advantages to using store cards during bankruptcy. Store cards can help rebuild your credit score faster than other types of credit. And if you use the card responsibly—meaning you pay your balance in full each month and never carry a balance—you can improve your credit score even more quickly.

The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.

Our goal is to help you find a new fresh start FAST!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706