Missing Bank Deposit - Accident or Result of Filing?

[viking64]

I'm sure this is an accident, but the timing sucks so I just want to be sure.

Attorney filed my chapter 7 on Wednesday. Hits the Credit Reports on Thursday. On Friday, I deposit my paycheck (drawn on bank's online banking check system, so their check) and it shows up in my online statement just fine. Today, poof, it's gone - and the bank says they have no record of it anywhere. They can't research it until Monday.

Fortunately, I have deposit slip and photocopy of check and I have enough funds to cover outstanding checks and live for the next week. I owe no money to bank (only have a checking account with Visa debit card, nothing else) and never bounced a check in 9 years with them. I just want to make sure - filing would not have triggered some sort of special hold on deposits with them? It's TD Bank, if that makes a difference.

Also, this is the 2nd time in 12 months this has happened to me there. Is it possible to switch banks before discharge? Or should I just suck it up and deal with it until discharge is complete and case closed then transfer to another bank?

[StartingOver08]

What happened the first time? Did the bank resolve it to your satisfaction?

If I had made two deposits in 12 months the 'dissappeared' I would be looking for another bank. However you are probably best served by having your discharge in place before you change banks. JMO.

[viking64]

What happened the first time? Did the bank resolve it to your satisfaction?

If I had made two deposits in 12 months the 'dissappeared' I would be looking for another bank. However you are probably best served by having your discharge in place before you change banks. JMO.

The first time, the bank had a computer failure, so they were late in processing. It could happen to anyone, but they consistently passed the buck rather than give me accurate information until I showed up in person.

Anyway - the real question in all of this is what do banks do with a BK but otherwise excellent banking record, and what do trustees do with switching banks? I can suck it up, but I'm really peeved that it's happened twice now, and would like to vote with my feet and meager pennies, but I also don't want to create more problems for myself.

I agree, waiting for discharge is probably the wisest thing to do.

[Intoodeep80]

TCF Bank did this to me last year.. they were my 'bankruptcy bank' (the bank I went to after I filed). They lost my deposits - cash ones only, ironically - a total of five times in 9 months. I fired them 2 months ago and went to a CU. TCF had various excuses each time "the computer did it" " so and so forgot to print a receipt on our end" "this happens all of the time". Sorry, sounded way to fishy to me and all I could think about was employees stealing my money. The last time they made me wait 3 days while they found the money THEY lost, even though I always had my deposit receipts, they do an 'investigation' each time. After having to wait 3 days for my CASH deposit, I just about lost it.

You can change banks during a bankruptcy, but I would avoid it out of fear that the trustee may get suspicious that you are trying to hide money or move it around.

I highly recommend a credit union too, when you do switch. They are helping me rebuild my credit with a secured loan, which is taken against my savings, and posts to all 3 credit reports. And I got the loan for 4.25%!! For not being a year out of bk yet, thats pretty good IMO.