Comments on: secured credit card and consumer proposal http://www.bankruptcy-edmonton.com/bankruptcy/2009/09/secured-credit-card-and-consumer-proposal.html Bankruptcy Edmonton Tue, 07 Feb 2012 15:47:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Bart Goth, Trustee in Bankruptcy http://www.bankruptcy-edmonton.com/bankruptcy/2009/09/secured-credit-card-and-consumer-proposal.html/comment-page-1#comment-412 Bart Goth, Trustee in Bankruptcy Fri, 25 Sep 2009 12:46:50 +0000 http://www.bankruptcy-edmonton.com/bankruptcy/2009/09/secured-credit-card-and-consumer-proposal.html#comment-412 The rule is the same in <a HREF="http://www.bankruptcy-canada.ca/consumerProposals.htm" rel="nofollow">consumer proposals</A> as it is with the filing of a <a HREF="http://www.bankruptcy-edmonton.com/bankruptcy-edmonton.htm" rel="nofollow">bankruptcy</A>. So you are only entitled to keep a credit card, regardless of being secured or unsecured, if you have written permission from the lending institution. The rule is the same in consumer proposals as it is with the filing of a bankruptcy.

So you are only entitled to keep a credit card, regardless of being secured or unsecured, if you have written permission from the lending institution.

]]>