post bankruptcy credit cards
In Pennsylvania, can charged off debt be claimed on a bankruptcy?
I got a phone call last night while I was on my cell phone with my mother from a debt collector for credit card company. The lady told my boyfriend she needed to talk to me within the next 20 minutes or my debt would be charged off and that would stay on my credit report for 7 years. Im upset they told my boyfriend this as it doesnt involve him. I still called the lady back though and gave her my attorney info. I am wondering though:
If a debt is charged off, can it be eliminated by filing chapter 7 bankruptcy?
Will all the creditors I claimed on the bankruptcy still be on my credit report post bankruptcy. What about the charge offs?
Please help
All of your charge off’s will be included in your bankruptcy.
All of your debts are going to be reported on your credit report, but they will be listed as paid off, but included in your bankruptcy. This will remain on your reports for 10 years (the bankruptcy) but the debts themselves are removed after 7.
As long as you do your homework and prepare yourself first, you can minimize the impact of the bankruptcy. By doing so you should be able to get credit within a few years.
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