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Opening a Savings Account During Ch7

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    Opening a Savings Account During Ch7

    Quick question:

    Is it okay to open a savings or checking account before the discharge in a Ch7 case? Or is it gonna have to wait til after the discharge?
    Ch 7 filed 10/16/07 Pro Se
    341 11/13/07
    Last day for objections 1/14/08
    Discharged 1/17/08

    #2
    No, you can certainly do that and you should, just don't put money in it until after your 341. I opened up a checking and savings right after I filed.

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      #3
      I opened a checking account so my disability check had a seperate account after I filed. No problems at all.
      Filed 9/5/07
      341 10/4/2007
      Last Day for Objections 12/3/2007
      DISCHARGED 12/4/2007

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        #4
        I just opened a checking and a savings at a national bank so I can close our old checking account. Too many creditors have the account number through ACH's and checks and it makes me nervous.

        I am going to file, hopefully, in January.
        Filed!!04/23/2008[X] 341 5/27/2008[X]Converted to asset case 5/26/2008 [X]
        DISCHARGE 08/12/2008[X]
        Converted to NO Asset case 12/15/2008[X]
        Closed 12/16/2008 [X]:yahoo::yahoo::yahoo:

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          #5
          OK, a variation on this:

          I opened a savings account online a couple days before we filed, and I forgot to list it. There is no money in it ($1 to open). Is this going to cause a problem?

          I just got too enthusiastic about what I was learning about budgeting and saving :-)
          10/25/2007 Aha! moment
          11/19/2007 Filed Ch.7
          12/19/2007 341 hearing
          02/17/2008 Deadline for objections! tick tick tick ...

          Comment

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