Is it generally assumed that one loses all reward points when credit cards are included in a BK13? I have a Capitol One card that has/had 17,000 points accumulated when I filed. I also had a good number of Amex Reward points but I remembered to cash them in for gift certificates before my website access was shut down, locking me out. Is there a legal opinion re reward points. They were rightfully earned and paid for prior to the BK.
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Originally posted by debtinohio View PostThey are gone.
I cashed all mine in and left my Amex Platinum with a -59,900 points balance.
I had a ton of points through the Marriott rewards program on a Chase card.
I used many of them and it was never cancelled and remains open with points on it.
It may be because it's a Marriott program but the card was a Marriott card from Chase.Very fortunate in the grand scheme of things but have learned my lesson.
Filed 12/15/08, 341 1/12/09, Cont to 2/12/09, cont to 3/12/09, cont to 4/15/09, cont to 5/11/09, cont to 6/02/09. Discharged 9/16/09, Closed 10/23/09
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I had mega-points, but once I decided to bk to me it was all moot. I could care less on whatever junk they had in some magazine or whatever. I just wanted out. 'HubIf I knew it all, would I be here?? Hang in there = Retained attorney 8-06, Filed 12-28-07, Discharge 8-13-08, Finally CLOSED 11-3-09, 3-31-10 AP Dismissed, Informed by incompetent lawyer of CLOSED status, October 14, 2010.
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Originally posted by Lajazz947 View PostThat's funny. AMEX deserves it.
I had a ton of points through the Marriott rewards program on a Chase card.
I used many of them and it was never cancelled and remains open with points on it.
It may be because it's a Marriott program but the card was a Marriott card from Chase.
That's true - my Starwoods points from Amex remain fine as well.19% dividend
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Originally posted by AngelinaCatHub View PostI had mega-points, but once I decided to bk to me it was all moot. I could care less on whatever junk they had in some magazine or whatever. I just wanted out. 'Hub
I would repeat the Amex Membership Rewards are pretty good, and if you spend $100K+ a year on your card(s)... you can get some really nice junk!
As a public service announcement... don't spend on your cards, just to accumulate points!Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog
Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
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