I Screwed Up - Macy's

[danaf]

After my bk was discharged, I called Macy's cause I noticed they hadn't closed my card. So I called them asking them to send me a new card since my old one was bent. They did. I never used it. This was last Nov.

Months go by, and all of a sudden I notice they lowered my credit limit to $100. So I'm thinking, it's months since my discharge, why not give them a call to see if they'll increase the limit. They asked if they could do a credit check, I agreed, and boom. They came back and said they had to close the card.

So now, that call is going to hurt my credit score because I've had that card since 2005. I told them I'd file a complaint but those idiots are in India and don't give a crap about our credit system.

****Sigh**** I should have left it alone. But the thing of it was, I was back on track with two good cc's, and recently Dell even approved me for credit with no interest for 9 mos. So I thought I'd be ok.

So I am offically banning Macy's!

[Bandit]

LOL! I think they banned you first. Welcome to the wonderful world of the post BK trats hserf.

[danaf]

lol - you are correct. They banned me first but now I'm banning them. Who needs Macys when there is JC Penny's & Dillards and a ton of other places to shop from. Screw them. I will never step foot inside a Macy's store ever again.

[liz417]

lol - you are correct. They banned me first but now I'm banning them. Who needs Macys when there is JC Penny's & Dillards and a ton of other places to shop from. Screw them. I will never step foot inside a Macy's store ever again.

I understand your pain...LOL!! But Macy's does have REALLY good sales, maybe you can "ban them" on non sale days.

[albacore44]

I dident know Macys still had a card. i got a letter several months ago saing Citi bought out their card operations and i would be getting sent a citi mastercard, and i got one. ohh and yes it too will be included in my BK

[walkthaplank]

You did yourself a favor. Good riddance.

[Flamingo]

You can't file a complaint on a company that closed your card because you have a BK on your credit report. A creditor can close your account at any time for any reason. Even if you did not make the mistake of calling to raise the limit, it probably eventually would have been closed out - all it takes is one credit check on their part. The problem here is that it was an account in good standing which is now going to be shown as being closed by the creditor.

[StartingOver08]

Actually Flamingo, the tradeline should read IIB and zero balance.
She didn't use the card. If the card is closed as a result of her BK, they can't subsequently report it as closed by credit grantor. It is just one more account reading IIB. Danaf will have to monitor her credito reports to make sure they are reporting the right way.

[Flamingo]

Actually Flamingo, the tradeline should read IIB and zero balance.
She didn't use the card. If the card is closed as a result of her BK, they can't subsequently report it as closed by credit grantor. It is just one more account reading IIB. Danaf will have to monitor her credito reports to make sure they are reporting the right way.

I read her post as being the Macy's card survived the BK without being listed (zero balance). If the card was listed in the filing then you are correct but I am wondering why anyone would try to use a card after including it in a BK filing?! That is why I took it as a zero balance, surviving card. I had a surviving card cancelled out for BK 6 years after the filing date due to "BK on my records."

[StartingOver08]

She may or may not have listed the Macy's on her petition. But I believe Danaf filed a Ch 7 and not a 13 (correct me if I'm wrong). If she filed a Ch 7 then the zero balance card is 'discharged' too. Macy's can't have it both ways - if they are going to close the TL because she filed Ch 7, then they must list the acct iib.

Your case was a little different because you filed a Ch 13 and had the card survive the filing and used it occassionally after your filing. So that would be post petition debt (even though you paid it off each and every time, it was new debt after the filing date).

[AngelinaCatHub]

lol - you are correct. They banned me first but now I'm banning them. Who needs Macys when there is JC Penny's & Dillards and a ton of other places to shop from. Screw them. I will never step foot inside a Macy's store ever again.

Danaf, Mrs. and I shop Goodwill, and other thrift stores. You would be surprised what you can get there. I purchased a $110+ pair of lightly used Oxfords for $3 bucks. A set of NEW stoneware dishes for $15. Many new items are there also. I believe "blems" or items recovered from burned businesses that were new stock are donated for tax write offs. We have come home with many treasures.

Another instance, Mrs. collects Gevalia Coffee urns. At a flea market table there was a sing anything here $0.25 cents. I picked up a stainless steel silverware rack and she grabbed a NEW Gevalia green urn she had not gotten before. When we checked out, the lady rang BOTH up for a quarter. We asked, and she said, "no everything on that table was a quarter, go back if you would like". We didn't but I told Mrs. she should have talked her down to 15 cents. LOL 'Hub

[OhioFiler]

she said, "no everything on that table was a quarter, go back if you would like". We didn't but I told Mrs. she should have talked her down to 15 cents. LOL 'Hub

If you were really good you'd have convinced her to give you a quarter for taking it!

[Flamingo]

She may or may not have listed the Macy's on her petition. But I believe Danaf filed a Ch 7 and not a 13 (correct me if I'm wrong). If she filed a Ch 7 then the zero balance card is 'discharged' too. Macy's can't have it both ways - if they are going to close the TL because she filed Ch 7, then they must list the acct iib.

Your case was a little different because you filed a Ch 13 and had the card survive the filing and used it occassionally after your filing. So that would be post petition debt (even though you paid it off each and every time, it was new debt after the filing date).

Can a zero balance card (no debt) be "discharged" when others have posted on this forum (their cards surviving Chapter 7) that those accounts were listed as fine (stayed satisfactory) on their credit reports and kept open to help restore their credit? I have seen that posted many times on here over the years. I am assuming you are saying if the zero balance card survived a Chapter 7, if it was used after discharge if it survived as apparently the OP's did, those cards should all be listed as IIB on credit reports? Debt incurred thereon after discharge if used by the cardholder is not new debt to the cardholder? I thought cards/balances not included in a Chapter 7 filing but open at the time with a balance were the ones that were discharged inasmuch as the Chapter 7 wiped out that unlisted debt.

Danaf needs to advise if Macy's was a zero balance card at the time of her filing. That's a shame that, as she states, she was getting back on track with two good cc's and was just approved by Dell.

[FLBK7]

I only had one zero-balance card survive my Chapter 7, and that was an Amoco gas card which eventually was bought by BP. They never reported anything in my credit reports other than "pays as agreed" and they have since increased my limit to $2K. I use it every couple months for a tank of gas and then pay it in full.

I included Macy's in my chapter 7. I had a credit limit of $8K and a balance of only $900 when I filed. Of course my account was closed, but they have always reported correctly as IIB.

I still shop at Macy's, at least once a month. They have great business clothes and the most unbelievable sales! And somehow I've ended up on their mailing list so I get email with special coupons/savings passes that allow me to get their sale items even cheaper. I pay with my bank debit card.

[danaf]

Macy's was a zero balance when I filed 7. And I do not believe I included the card on my petition. I had lots of little cards that I didn't include simply because I didn't owe anything on them.