http://www.bankruptcylawnetwork.com/2008/03/26/credit-cards-and-bankruptcy-beware-recent-use/ Real Lawyers, Real Solutions Tue, 10 Nov 2009 16:34:06 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://www.bankruptcylawnetwork.com/2008/03/26/credit-cards-and-bankruptcy-beware-recent-use/comment-page-1/#comment-34822 7 Bankruptcy Mistakes to Avoid | Kansas Bankruptcy Law Information Sun, 08 Mar 2009 16:28:49 +0000 http://www.bankruptcylawnetwork.com/2008/03/26/credit-cards-and-bankruptcy-beware-recent-use/#comment-34822 [...] 1. THE CREDIT CARD RUN-UP MISTAKE: Don’t use your credit cards once you have made your decision to file bankruptcy. Consumer debts incurred for luxury goods and services owed to a single creditor in excess of $500.00 within 90 days of filing are presumed to be non-dischargeable and may be found to be due and owing. Cash advances of more than $750.00 within 70 days of filing are presumed to be non-dischargeable and may be found to be due and owing. Don’t jeopardize your “fresh start” by running up your credit cards. [...] [...] 1. THE CREDIT CARD RUN-UP MISTAKE: Don’t use your credit cards once you have made your decision to file bankruptcy. Consumer debts incurred for luxury goods and services owed to a single creditor in excess of $500.00 within 90 days of filing are presumed to be non-dischargeable and may be found to be due and owing. Cash advances of more than $750.00 within 70 days of filing are presumed to be non-dischargeable and may be found to be due and owing. Don’t jeopardize your “fresh start” by running up your credit cards. [...]

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