Frequently Asked Chapter 7 Bankruptcy Questions

Many of our South Jersey clients that call our office want to know, “Am I able to keep my credit cards in a Chapter 7 bankruptcy?” In a word, no, you cannot keep your credit cards. However, about six to nine months after your Chapter 7 bankruptcy is discharged in South Jersey, you will begin to receive credit card offers in the mail. At that time, it is a good idea to utilize that credit so you can begin to reestablish your credit.

When speaking with potential clients in South Jersey, one of their biggest questions is, “Are there debts that I can’t discharge in my bankruptcy?” There are. Taxes, spousal obligations, child support, and student loans are some examples of debts that cannot be discharged in bankruptcy. If you have any question about whether or not your debts are dischargeable or if bankruptcy can help you, please call our office.

The other day we got a phone call in our office from a client here in South Jersey who is filing for Chapter 7. She was quite nervous because she realized that she forgot to add a creditor onto her bankruptcy. What we do in a situation like that is we file an amendment. Amendments are very common, and they happen very often in Chapter 7 bankruptcy, as situations can change during the course of your bankruptcy filing. If you have any more questions about this, please feel free to contact our office.