Citibank Checking question

[iamwhoiam]

I just recently opened a Citibank Access Checking account 2 weeks after filing my bk. Everything has been going ok so far. I have never had a citibank credit card so i dont think they will close my account all accounts are in the positive. Do you think they will close my account? Has anyone ever had a checking with them? I am getting a bit paranoid as my 341 meeting draws closer.

[iamwhoiam]

One more question i have 3 credit cards that where not included in the BK that i am still paying on do you think anyone will say anything I am afraid that the trustee will say something. The attorney does know about these.

[CATCHMEIFYOUCAN]

You are soppose to list all you debts, regardless what chapter your filing for (I notice Ch7). The point is to be able to discharge everything and if you want to reaffirm your debt with a particular creditor is up to you! The Trustee may have pulled a credit report and will surely find out that way. Hmmm, maybe others will chime in here soon enough to lend their knowledge. I would be surprised if the creditors DONT close your accounts!?

Best Wishes, Catchmeifyoucan

[desperation]

I agree with CMIYC....

ALL debts must be listed on your BK petition...if you have left some off then your case could be dismissed, and worse you may be charged with fraud.

[CindyLou]

you can pay a small fee and add these three accounts to your bk and then you can stop worrying. if you tell us who they are with we can maybe tell you if they will close you out anyway.......but don't risk a dismissal by leaving anyone off!! and why go through a bk and come out the other side still in cc debt?

[familyof7]

If the credit cards are current no balance they dont get listed because they are not a debt if you owe nothing on them

[guzzie]

better list them and reaffirm if you want....I had to list everyone i owed or could think of...
good luck...guzzie

[iamwhoiam]

Ok i will talk to my lawyer then. To see if i can add them in. My 341 is on the 14th. As far as my main card is a secured BOA Credit card with a low limit, Aspen card, and First national bank cc. Now can the objections start coming in now? or do they normally come in after the 341?

[JRScott]

I think most main objections come after the 341 however they can move to lift the stay prior to it if they have probable cause to do so.

As for the advice the others gave you, you need to amend the schedule and include the additional debts. You would also probably wish to reaffirm the secured card (Which means you need to amend a few schedules). Usually to amend a filing is 29 dollars + whatever your lawyer charges.

If the other two cards had no balances at the time of the filing you don't need to include them.

[mattson06]

be open

Be open and upfront with all accounts and bills.if you have in good faith listed all the trustee wants then all will go smooth.if something comes up later,it could cause more worry and trouble down the road.Tell them everything.Your attorney needs to know all so they may file your petition
just the right way and it will look much better to the trustee and also not give you more reason not to worry. Be open and i'm sure all will go well. you can do it it will work out fine.

[CityGirl]

I'm surprised the attorney knew about them but didn't say anything. Maybe because they are secured?
You can only leave them off if they have a zero balance. Why would you want to NOT include them if there is a balance though?

[lrprn]

Why would you want to NOT include them if there is a balance though?

If a credit card has a balance when you file, you must list it. There's no picking and choosing between your debts - all must be included on your creditors list.

When there's a zero balance on a credit card when you file, it doesn't have to be listed because there's no debt. Some filers leave zero balance cards off their filing hoping that the credit card company won't cancel their card after they file (although 99% of the time the major cc companies (MC, Visa, etc) cancel the card anyway).

[CityGirl]

I spoke to my friend that filed right after the new laws change. He kept 4 cards open that had zero balances ( Discover, Visa, Banana Republic and Pier One ) and none of them closed his accounts. They're all still open.

[lrprn]

I spoke to my friend that filed right after the new laws change. He kept 4 cards open that had zero balances ( Discover, Visa, Banana Republic and Pier One ) and none of them closed his accounts. They're all still open.

Great that your friend was one of the lucky ones who got to keep original cards active after filing! As long as your friend uses them wisely, they can really help with rebuilding credit.

Do a search here for zero balance and see what pops up. You'll find that most of our members' major cards that weren't listed with a zero balance were closed. Department-store and local bank cards tend to fare better in bk and have a better chance of not being cancelled.