Questions about Ch.7 filing and keeping one credit card open

[getouttadebt]

Just filed Ch. 7 today -- will become a renter again after 8 years of being homeowner...bummer.

I need to keep my job and I do need to travel for my job. I have an American Express Corporate Card sponsored by my company -- but I am responsible for paying the monthly balance. It is current and have reaffirmed this debt.

Question --> I have other American Express debts that I am seeking to discharge, so will American Express let me keep my Corporate Card since it is in good standing? Should I just wait and see what happens? Or should I be pro-active and call Amex?

Any thoughts or insights would be appreciated.

Thanks!

[Ming_Ming_Duck]

I'd be proactive and call AmEx. I had a card that was paid off right before my filing, and I desperately wanted to keep it, since it had a small (read: manageable!) credit limit and then I'd still have a card. The account was always kept current, and my attorney told me that we didn't have to include it in the actual filing, but there was a possibility that they could find the info...

...and they did. I needed to use it one day, and I checked the account online and it was fine and good. Until a couple of hours later, when I was checking out at Target, and surprise! "We need another form of payment." Ugh. I paid with my debit card and got the heck out, and when I got home to check online, sure enough, I got the "Due to issues with your account, you must call" message. So I knew it was gone.

My attorney said that I could call and plead my case, to try and keep the account open, but well, I'm such an avoider that I just didn't...

So yeah, especially since you need this card for work, call and make sure it's okay. I thought mine would be fine, too, since the account was in good standing, paid to a zero balance and I'd never been late on a payment, but the simple fact that I'd filed bk caused them to take it away. So it's better to have that conversation before they do anything (if they do anything). I never signed a reaffirmation, since there was no debt to reaffirm since it was paid off at the time. Has AmEx signed their end of your reaffirmation yet?

[MomIcantFindmy]

American Express can be hard to deal with. Good luck and I hope they work with you regarding your coprorate card. I have had no luck with them.

[dp1969]

American Express can be hard to deal with. Good luck and I hope they work with you regarding your coprorate card. I have had no luck with them.

Yes, they are very hard to deal with. I worked at Costco (they only except that CC) and just calling them to verify why a debtor couldn't use his card was hell. We are getting very harassing calls from AE right now.