Question
Date: Thu, 04/08/2010 - 20:23
I'm planning on filing for chapter 7 bankruptcy within the next few months. There is one thing I am wondering about before I file. Back in October, November and December of last year, I took out cash advances between 3 credit cards totaling $1,300. I used the money to gamble at a local casino. I intended to pay the money back, but my finances no longer allow me to. I've been making regular payments on the cards. I was wondering how these cash advances with effect my bankruptcy. I live in NYS and I do qualify for chapter 7.
IMO you should be putting these questions before your bankruptcy
IMO you should be putting these questions before your bankruptcy lawyer.
But, normally, any loan taken out within the last one or two years before filing bk can't be included in bankruptcy.
