I'm going to be filing chapter 7 and wanted to know if it's possible to leave a joint credit card which I share with a relative out of chapter 7 bankruptcy? Or is there some kind of law that states you must list all creditors? I live in Florida. We want to keep the account open if at all possible.
Secondly, is it likely that the creditor will find out about my bankruptcy? And if so, how? Through routine credit checks or will they receive some sort of notification directly?
Thirdly, if we still have a balance and payments are made each month, what are the chances that they close the account due to finding out about my bankruptcy? I know that sometimes credit card companies will close the account on you but still require those monthly payments and that this can hurt my relative's credit.