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Can you apply for a credit card while BK is pending??

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    Can you apply for a credit card while BK is pending??

    i did today. Today was the last day for objections and the court says it will be closed in about a week . I am only doing to get my school paid off or they will not let me go this fall or give me fall loans. after that i plan to cancel the card. I already know about the trouble of credit cards and do not want to get into anoter hole. thanks

    #2
    I would have waited until the discharge posted to your credit report.
    Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
    Status: (Auto) Discharged and Closed! 5/10
    Visit My BKForum Blog: justbroke's Blog

    Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.

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      #3
      Since you already have the card, I suggest not closing it. Having available credit boosts your credit score. Just use like $20 a month and pay it off on the next bill.

      I would've waited to apply as well, but since it's already done, I suggest you use it to your advantage in rebuilding your credit score.
      I may be smarter than an attorney, but I'm not one. No legal advice here, people.
      Filed Ch. 7 pro se on 10/22/10 341 on 11/19/10 Report of No Distribution Filed on 11/19/10 Discharged 1/19/11 Closed 2/2/11

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        #4
        Originally posted by lezlovin View Post
        i did today. Today was the last day for objections and the court says it will be closed in about a week . I am only doing to get my school paid off or they will not let me go this fall or give me fall loans. after that i plan to cancel the card. I already know about the trouble of credit cards and do not want to get into anoter hole. thanks
        amazing
        you're not discharged yet ,but you're already charging up again
        Filed chapter 7 on 9/17 341 on 10/20
        Chapter 7 Trustee's Report of No Distribution on 10/21
        Discharged and Case Closed on 12/21/2010

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