I have a few thousand dollars in credit card debt with Citibank right now. I know the government is bailing them out left and right, but if Citi went bankrupt what would happen to my debt?
Would another bank buy it off them? If so would my interest rate change?
Would it stay with Citi? If so, could I just not pay it off?
Another bank picks up the debt. You will owe it to them under the existing terms & conditions
