Bankruptcy for Credit Card Debt: Is it a Good Idea?
https://www.debt.org/bankruptcy/file-bankruptcy-for-credit-card-debt/
While there are plenty of reasons to eliminate credit card debt through Chapter 7 bankruptcy, there are two major reasons you would not have the debt successfully discharged: You incurred debt on your credit card as the result of fraud You used the credit card to purchase property that the creditor has a security interest in, such as a high-end appliance...
You incurred debt on your credit card as the result of fraud
You used the credit card to purchase property that the creditor has a security interest in, such as a high-end appliance...
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