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Personal Finances / Credit Cards and Consumer Debt

URL:  https://boards.fool.com/and-btw-chase-knows-you-have-enough-assets-to-34554313.aspx

Subject:  Re: Question Date:  7/7/2020  10:26 PM
Author:  aj485 Number:  312872 of 312938

And, BTW - Chase knows you have enough assets to pay the credit cards, and they know where the assets are. Even if you transfer the account to a different broker, they will know where the assets went. So they will have few, if any, problems in suing you and seizing assets if you default on your cards.

Just sell some assets from your brokerage account and pay the cards.

AJ
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