Should I Keep Paying My Credit Cards if I’m Going To File Bankruptcy?
If you are considering filing for bankruptcy, you may be wondering whether or not you should keep paying your credit cards. While the decision is ultimately up to you, there are a few things to consider before making this choice.
On one hand, continuing to pay your credit card bills can help improve your credit score after bankruptcy and make it easier for creditors to trust that you will manage any new debt responsibly. Additionally, if you have co-signed on any debts with another person, they could still be liable for paying back those debts in full even if they don't appear on the bankruptcy paperwork.
On the other hand, it may not be feasible or wise to continue making payments on all of your credit cards while preparing for bankruptcy. Doing so could deplete funds needed for living expenses and legal costs associated with filing.
The Law Offices of Omar Zambrano has helped thousands of people and businesses on the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706