Whats going to happen if wamu does go bankrupt?

Question

i have Credit cards with them and bank accounts and savings account's... there was this post a saw that the C.E.O said to some employees they were going bankrupt real soon and will announce later....i was wondering what would happen with my credit card debt? will i still pay it? or just go away? lol

Answer 1

Your credit card debt will not go away. It will go to WaMu's creditors who will then want your payments.

Answer 2

yup, you will still owe....and regardless whether wamu goes belly up or not, we are in for a bumpy ride and i'd suggest paying off any and all credit card debt as soon as you can and not add any new debt if at all possible.

Answer 3

Hi,

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