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-   -   Do banks cancel your card account when you file bankruptcy? (http://paymentprocessing.cc/showthread.php?t=11195)

kun.jon 02-15-2012 02:31 AM

Do banks cancel your card account when you file bankruptcy?
 
Hi all, I have an upcoming bankruptcy and so far it sounds like most credit cards will automatically cancel your existing accounts with them (whether in good standing or not) when your bankruptcy is filed.

Does anyone know of any cc companies who do not cancel accounts and thus it might benefit me to keep my account with them current?

Thank you!

JaydeCarbinoaka 07-25-2014 08:45 AM

We almost never see banks close bank accounts just because someone files bankruptcy, unless they owe the bank money that is being wiped out in the bankruptcy. However, also be careful with credit unions. They, at times, may shut down a bank accounts if you file bankruptcy.

MattBastablerup 08-04-2014 05:06 AM

No, I never heard that the bank close the accounts just because you file bankruptcy.


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