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    Bankruptcy and Pay Pal accounts

    I was wondering if anyone on here uses a Pay Pay account for buying or selling on E-Bay? I owe about 580 on a Pay Pal Credit Card--which is actually through GE Money, and I want to be able to continue to use Pay Pal after my bankruptcy.

    I am wondering, if I include the PayPal credit in my bankruptcy, will I still be able to use PayPal?

    Because I am filing before they go after my checking accounts, I am hoping that I will be able to continue to have my Pay Pal transactions go through my checking account that was set up for my business. I will be closing the shop, but I plan on keeping the DBA name for my business for transactions on E-Bay, etc.

    Any info on this?
    Thanks in advance.

    #2
    There have been numerous discussions on here about PayPal, selling on eBay utilizing PayPal, etc. Do a search - believe me, you will find a lot!
    _________________________________________
    Filed 5 Year Chapter 13: April 2002
    Early Buy-Out: April 2006
    Discharge: August 2006

    "A credit card is a snake in your pocket"

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      #3
      Thanks, Flamingo--will do.

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        #4
        I did file on my Paypal GE money bank credit and it is seprate from your paypal. It simply disappeared from my account. No issues with paypal at all I can still use it. Dragonnfly
        Filed Ch 7 - 04/08/2008 - Done
        341 continued 06/30/2008
        Last day for objections - 08/01/2008
        Discharged 08/13/2008

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          #5
          Dragonfly, can you still use it to sell too? Just wondering. I was worried about this too but never did find a definitive answer so that is the one account I paid off before filing (not worried, it was less than the preferential amount).

          ep
          California Bankruptcy Central

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            #6
            Yes I have had no problems. The credit account from GE Money Bank is a seprate account and a completly different business then paypal. The account just disappeared from my account home page. I had a $10 paypal balance and I have used that since. I have paid for 2 items using paypal. My paypal debit card still works fine too. I haven't sold anything recently but if they will let me send money I dont know why they wouldn't let me receive. Good Luck. Dragonnfly
            Filed Ch 7 - 04/08/2008 - Done
            341 continued 06/30/2008
            Last day for objections - 08/01/2008
            Discharged 08/13/2008

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              #7
              Good to know. Thanks Dragon.

              ep
              California Bankruptcy Central

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