Lawyergist.com Q&A :
Real questions about Chapter 7 Bankruptcy from people like you. Real answers from licensed attorneys.Q&A
Asked in Ada, Michigan
|
Feb 2026
Will I retain any credit cards in case I declare Chapter 7 bankruptcy?
I own a Chase and JcPennys credit card, which has a zero balance; and Paypal account with a small balance. Under the case that I declare a bankruptcy may those three accounts be excluded off the bankruptcy or does the filing automatically subject them to default. When they are already in default, then can I keep them or not?
Can’t find what you’re looking for?
Post a free question on our public forum.
Ask a Question
- or -
Search for lawyers by reviews and ratings.
Find a Lawyer