I hold no more money to pay packet my credit cards.What will surface of me? I am out of business.?

This is the fourth time you asked this question. Give it up already.

So declare ruin

If you can't arrive at a suitable settlement and if you can't really pay, the issuing hill of your credit card may engage a solicitor to get hold of back the money you owe.

Chances are, you may be made out of business.

So try not to be too dependent with credit cards.

it will ruin your credit gain

no you are not bankrupt nor do you own to file. Just consolidate them and reimburse one low fee monthly.

Go to the CAB and swot up what the rules on bankruptcy are within your state or country.

In UK only bailiffs can take your possessions and many things are excluded. You also enjoy the right to have the police present.

The bailiffs hold the right to enter an open door or windowpane, but not to break in And do not believe ANYTHING the bailiffs describe you about the tenet.

Answers: It depends on which credit cards you have. I know the answer to this. I cultured it first hand. My daughter well-educated a very complex lesson about credit cards. Especially when you don't read the fine print. (The majority of the credit cards hold bankrupt clauses surrounded by them just because you are in receivership does not free you from having to reward them.)
She got surrounded by debt & couldn't pay in debt as you put it. (Bankrupt) The credit card company sent several nasty packages & lots of nasty phone call. The bottom line which is a stunner. The sheriff showed up at her door beside papers. The credit card company siezed all of her stuff. I be going to all of it. She lost a saloon, furniture, & all of her clothes (personal belongings) except the ones she have on. I hired an attorney for her & it took several weeks of talking beside the credit card company, but she did finally get her stuff put money on after arrangements were made on how she be going to pay & if she missed a transmittal what would happen.
That be 2 years ago. She is free and clear and no debts, (with my help) but a very rock-hard lesson was widely read.

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