Credit Card still open

[Tigarcia]

Hi! I’m Tina. I had my 341 meeting on 10/23. Anxiously waiting to discharge. All my accounts in my credit are showing closed due to ch 7 Bankruptcy except my student loans and a capital one credit card with a balance of $300. I am wondering why it has not closed out yet? Might it possibly stay open? If so should I pay it off?

[justbroke]

Student loans are not discharged in bankruptcy. The only exception to that rule is if the debtor asked the court to specifically discharge them due to a true hardship. The hardship is typically a high hurdle and barrier to getting them discharged. Student loans would go into forbearance while the bankruptcy is active.

Sometimes a creditor may miss notice and a card may not be updated. It happens. Do not use that card. You want that $300 to be discharged in the bankruptcy. You should not pay it off. It is not likely to survive since I would consider Capital One (Bank) to be a sophisticated creditor.

I would not expect it to stay open, nor would I touch it, pay it, or think about using it.

Welcome to BKForum.

[Note: I deleted your duplicate message in another forum area.]

[Flgranny]

I hass one that still showed a balance. I disputed it and it was fixed. Was it listed on your discharge notice?

[Tigarcia]

I did list it on my original paperwork but I will need to check on the paperwork for the 341 hearing.

[justbroke]

Do not do anything. It generally can take 30-60 days for the creditor to report the "new" status to the credit bureaus. It has only been a few weeks. It will probably be updated by 1/1/2025 and would certainly be updated within 30 days of your discharge.

I wouldn't do anything right now. Just get through discharge.