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Can my husband pay off my credit cards before filing for bankruptcy?

Friday, January 28, 2011

We live in CA. My husband and I were thinking about filing together for bankruptcy. However, he just received a personal injury settlement that is enough to pay off my credit cards and save my credit. If he does file for bankruptcy it wouldn’t be for a few months from now at least. Can he use the settlement money for this purpose or will this hinder his bankruptcy proceedings?

This entry was posted on Friday, January 28th, 2011 at 3:38 pm and is filed under Bankruptcy. You can follow any responses to this entry through the RSS 2.0 feed.

3 Responses to “Can my husband pay off my credit cards before filing for bankruptcy?”

  1. Auntie Mame
    January 28, 2011 at 4:20 pm

    It will make the bankruptcy go faster and easier if the credit card debit was paid off beforehand.

    #27424
  2. J B
    January 28, 2011 at 4:53 pm

    On KGO radio weekdays from 12-1 there is a lawyer, Len Tillem. You can call in and receive free legal advice. He might be able to help. In the Bay Area, call 808-0810. Outside the Bay Area, dial on of the area codes (408 – 415 – 510) then the number. Good luck!

    #27425
  3. Curtis
    January 28, 2011 at 5:11 pm

    OK.. HOPEFULLY no one will flag me for this.. BUT..

    I used this company to help get rid of the stuff on my credit card..

    http://www.sourceonecreditrepair.com

    1-888-440-2040 x305

    JUST THROWING THAT OPTION OUT THERE!!!!!!

    #27426

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