It is never a good idea to deliberately max out your credit cards as a means to rip off the credit card lenders just before filing.
If your credit cards are maxed out in the normal course of using them, that is not a problem since you did not do this in anticipation of filing bankruptcy.
However if you have already maxed out your credit cards as a way to pocket the card company's money and leave then high and dry by filing bankruptcy, there are steps you can take to greatly reduce the likelihood of problems with the card companies.
The first thing you need to do is to realize that ripping off credit card lenders is not in your best interest, and therefore know to avoid maxing the cards out even further.
The second thing to keep in mind is that delaying your bankruptcy filing does not solve the problem. A better approach is to contact the card company after they have been notified that you have filed bankruptcy and make them a proposal they cannot refuse.
Making them a proposal will not cause you to lose any of your bankruptcy rights. It merely allows you to bring their temperature down and gives you time to strengthen your hand. You can undo any proposal you make to them, thereby preserving your options.
What kind of proposal will do the job? That depends on a number of factors.
If maxed out credit cards are an issue, this may be one good reason to choose our full-service product. Not only does this product enable you to ask licensed lawyers about maxed out cards using our ask-a-lawyer access, it gives you access to free resources that address this matter in detail.
Disclaimer: Please note we are not lawyers and so we cannot give you legal advice. Further, any literature on the site is general in nature and not intended to address your specific situation, nor is it intended to recommend a course of action for you. If you need legal advice, consult a licensed attorney.