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Re: Stop paying credit cards? Or Not!
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Posted by Why Chat (209.240.222.130) on August 15, 2002 at 16:40:44:
In Reply to: Stop paying credit cards? Or Not! posted by deluxejo on August 15, 2002 at 15:58:23:
If you are planning to declare BK, or if you are "judgment proof" You have a few options, some people take the smallest limit cards, with the longest renewal period, don't worry about interest rate, and pay them off, 3 months prior to filing BK, not using them AT ALL until 90 days PAST final adjudication. Or, if you are judgment proof, pick the one or two with payments and interest you can afford, and let the rest go.
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