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Can you get loan or credit card before chapter 7 is discharged?
Wiki User
∙ 12y ago
Think about it. You borrowed too much and had to declare bankruptcy.
Why go down that path again? Work on living within your means, which may be downsizing your lifestyle and doing with less. Or, get a second job. Save your money and get your financial life together.
Wiki User
∙ 12y ago
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Is chapter 7 good for a judgments and old bills credit cards?
yes! because in Chapter 7 bankruptcy is considered a straight liquidation of unsecured debt. In simpler terms, this means that all unsecured debt is discharged. in short its a judgement for your term in credit card bills.
Can i get credit card after filing Chapter 7?
I filed Chapter 7 last year and when I applied for a credit card this year I was denied and the reason was "bancruptcy".
What is a credit on credit card?
A credit on a credit card is the amount of money you are allowed to spend before you have to pay it back
If a credit card is discharged in a bankruptcy should it still show a balance on a credit report?
It will remain on the report for the required length of time and should be marked "included in bankruptcy."
What do secured credit cards mean?
A secured credit card is a credit card for people with poor credit ratings that must deposit the desired amount on money before using the card. The card is similar to a pre-paid credit card that allows credit ratings to get better.
Can a chapter 7 bankruptcy end a law suit on a credit card?
Yes. The legal action is terminated by the automatic stay. However, whether the credit card debt is discharged depends on how recently the card was used and for what.
Is chapter 7 good for a judgments and old bills credit cards?
yes! because in Chapter 7 bankruptcy is considered a straight liquidation of unsecured debt. In simpler terms, this means that all unsecured debt is discharged. in short its a judgement for your term in credit card bills.
Can i get credit card after filing Chapter 7?
I filed Chapter 7 last year and when I applied for a credit card this year I was denied and the reason was "bancruptcy".
Can credit card debt be erased in Tennessee bankruptcy?
A Chapter 7 BK can eliminate credit card debt.
Will they come after your most recent credit card purchases when your file for chapter 7?
No, they cannot come after the purchases. They can object to the discharge if you ran up your credit card balance before filing, and the purchases or cash advances were not for necessities.
Should your sister be paying on her credit card balance if her credit card debt has not yet been discharged but her accounts have been closed by the credit grantor?
Your sister should not be paying on the credit card balance. In fact, the credit card company cannot even legally send her statements because she is protected by the automatic stay.
What is a credit on credit card?
A credit on a credit card is the amount of money you are allowed to spend before you have to pay it back
After bankruptcy are you still liable for old debts?
It depends on which debts are discharged in your bankruptcy. There are several types of debts, such as student loans, which consistently persist through bankruptcy. Moreover, you may be liable even for debts that traditionally are discharged, such as credit card debts, where there is even of bad faith and manipulativeness on your part, i.e. you racked up thousands in credit card debt in the days before filing for bankruptcy.
Do I qualify for a Home Depot Credit Card?
You can qualify for a home depot credit card it really depends on your credit card and your credit history which they will run before they give you the card
If you add your wife who has a discharged bankruptcy 4 yrs ago to your credit card can hurt the husband's stellar credit score?
Yes. But not as much as if the husband did the bankruptcy.
If a credit card is discharged in a bankruptcy should it still show a balance on a credit report?
It will remain on the report for the required length of time and should be marked "included in bankruptcy."
How would you get a credit card if you had never had one before?
Apply through a credit card company or a bank.
