Legal Question in Credit and Debt Law in Michigan

i am using my credit cards eventhough i know i cant repay them


Asked on 2/03/13, 10:18 am

2 Answers from Attorneys

Thomas R. Morris Silverman & Morris, P.L.L.C.

That can be a problem. The resulting debt may be non-dischargeable in bankruptcy. The use of a credit card without an expectation of repaying the debt can be fraud.

Read more
Answered on 2/05/13, 7:16 am
Jesse Sweeney Sweeney Law Offices, P.L.L.C.

Not a smart idea. It sounds like you are unable to pay your debts as they come due, so consider filing bankruptcy.

Read more
Answered on 2/27/13, 8:19 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Michigan