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Bankruptcy Law/credit card usage before filing

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Expert: - 10/2/2007


Question
When do you have to stop using a credit card before filing, 90 days?

Answer
if you plan on filing, you should stop using the credit cards immediately.  Creditors can object for recent usage within 60 days of the case being filed, 70 days for cash advances or luxury goods purchased too.  Talk to your bankruptcy attorney to best plan when to file your case.

Bankruptcy Law

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Terry Leeders

Expertise

Handles Chapter 7 and Chapter 13 bankruptcy cases.
10 years of extensive bankruptcy experience. Filed over 3000 cases
Chicago Bankruptcy Lawyer website
"One On One Personal Service You Deserve"

Experience

I have been practicing bankruptcy law for 10 years. I have helped over 3000 consumer bankruptcy clients in that time.

Organizations
Chicago Bar Association Illinois Bar Association

Publications
author of Chicago Bankruptcy Blog
Chicago Chapter 13 Bankruptcy Blog
Illinois Bankruptcy Law Blog
Fresh Start Partners

Education/Credentials
University of Illinois Thomas M. Cooley Law School
Chicago Bankruptcy Lawyer website

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