Chapter 7 question

[DYLAN150]

I am doing my best not to file for bankruptcy. Today, I transferred a higher interest credit card balance to a lower interest credit card. I beleive I read somewhere that said it's a no no charging on credit cards within 90 days of filing, is that correct? ( I may be 4 or 5 months from filing)

Is it correct that disability pay does not count as income on the means test?

Also will sears come and get their tv's if I don't re-affirm my sears account?

[Genenco]

I am doing my best not to file for bankruptcy. Today, I transferred a higher interest credit card balance to a lower interest credit card. I beleive I read somewhere that said it's a no no charging on credit cards within 90 days of filing, is that correct? ( I may be 4 or 5 months from filing)

Is it correct that disability pay does not count as income on the means test?

Also will sears come and get their tv's if I don't re-affirm my sears account?

Well, if you aren't "Sure" you will file BK, then no there's no "Presumption of Intent" in regards to your switching accounts to lower interest rate. But I'd make damn sure to destroy that previous account. (Or, destroy the card, and keep the credit line open. Keeps you looking good on CR)

Don't know about Disability pay...I'd think you'd have to list all income and that would, probably qualify.

Sears..Doubtful..They want their money, not the product. As one person said about a creditor (And this covers alot of them) "They are in business to make money, not reclaim products they sold" (Or something to that effect)

[BassBoy]

I'm going to consider your other thread in my reply. I have a real problem with paying off accounts with new credit while contemplating BK. I am speaking about your other thread asking if you should pay off your HELOC with CC's and this thread as well. Asking these quesitons about whether or not it will look bad........if you're here asking these questions, but you may be considering filing BK, then I suggest that you DO NOT use your current CC's and do not open any new CC's.

Disclosure:
My reply is more of a general what I wouldn't do and not particularly directed at any one member.