Legal Question in Bankruptcy in Illinois

charge-off adjustment

Hi, I haven't payed my credit card for 6 months.I have charge off adjustment in my credit card.What should I do?Should I pay everything?


Asked on 12/02/08, 3:53 am

1 Answer from Attorneys
Motty Stone Law Offices of Motty Stone

Re: charge-off adjustment

If you are filing for bankruptcy then you should not pay anything to the credit card as of yet. Firstly, you may not have to pay. Secondly, if you start picking and choosing creditors to pay you may cause trouble for the bankruptcy. To give you a clearer answer to your question, I would need to know what chapter you are filing under and hear more about your situation.

Please feel free to give us a call if you want to talk.

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Answered on 12/02/08, 9:27 am


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