To get a secured card for under 500.00 before filing?
OPinions please
If it's a bad idea. Tell me why
OPinions please
If it's a bad idea. Tell me why
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It'll be considered cash on hand and if you can't exempt it, you'll lose it. -
The creditor will likely close the account once they are aware of your bankruptcy case. Any annual fee you've already paid will be gone. The security deposit will be an asset, and the credit card company may take its own sweet time to return it to you.~Staci
Not an attorney, and never played one on tv. My responses are based on my own experiences & personal opinions.)Comment
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So, how long do you guys wait to get a secured card? Before 341 or after.Comment
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Most won't issue until after *discharge*. We got "regular" cards very shortly after our discharge.
Good luck.~~ Filed Over Median Income Chapter 7: 12/17/2010 ~~ 341 Held: 1/12/2011 ~~ Discharged: 03/16/2011 ~~Not an attorney - just an opinionated woman.Comment
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I applied for a capitol one offer received in the mail, this was less than a month after discharge.
I was approved for $2500 limit 0% introductry and reasonable interest afterwords. Just keeping card for emergencies.Comment
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