Burtons card

scootw1

I have a Burtons card which didn't get included in my IVA as i didn't owe them anything. After I go bankrupt can I still use this card, say if a special offer came up just for cardholders? I haven't used it since before the iVA

lynzpower

i understood you are not meant to get in any more debt or use any during an IVA

I guess you could attend the evenings and then pay cash on the day- couldnt you?

mjdh1957

If you go bankrupt then the card will need to be cut up and the account closed, I would have thought.

immoral_angeluk

I'd presume your card would be cancelled.. if not surely you're just asking for trouble. 'special offers' 'card' and 'bankruptcy' aren't words that sit well together!

scootw1

lynzpower wrote:

i understood you are not meant to get in any more debt or use any during an IVA

I guess you could attend the evenings and then pay cash on the day- couldnt you?

Not sure what you mean. I meant if there was a discount for cardholders or something like that and then pay it in full when the statement comes.

scootw1

immoral_angeluk wrote:

I'd presume your card would be cancelled.. if not surely you're just asking for trouble. 'special offers' 'card' and 'bankruptcy' aren't words that sit well together!

well you are allowed credit in bankruptcy so I would have thought it would be up to burtons.

Just to make it clear, I would not be using the card to rack up more debt, i would pay it off straightaway but take advantage of 10% off or whatever

immoral_angeluk

scootw1 wrote:

Not sure what you mean. I meant if there was a discount for cardholders or something like that and then pay it in full when the statement comes.

Yes but it's still OWED on the account until it's paid off so would still be classed as debt. Plus what happens if one month you couldn't (or forgot) to pay it off in full? It's a viscious circle and not one worth risking IMO. The offers you get are rarely worth it anyway.

scootw1

immoral_angeluk wrote:

Yes but it's still OWED on the account until it's paid off so would still be classed as debt. Plus what happens if one month you couldn't (or forgot) to pay it off in full? It's a viscious circle and not one worth risking IMO. The offers you get are rarely worth it anyway.

Well, I know they don't come up very often anyway but just wondering "what if?"

immoral_angeluk

I can see what you're saying but I've got a dorothy perkins card and the best deal I've seen has been 10% off.. which isn't really that much in the grand scheme of things because if you spend it on the card the interest gained before you paid it off would probably be more than the discount you recieved anyway.

mjdh1957

Are you sure that you are allowed credit in bankruptcy? I thought that was part of the deal, no cards or loans allowed.

fallenwiccan

i think its up to like £250 or something from what i remember, it may have changed now though that was a few years ago