0
How long do you have to wait to apply for a credit card if you filed for bankruptcy?
Wiki User
∙ 12y ago
you would most likely have to wait for a few years until your credit can start to steadily go up again.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Can a person get a credit card for going through bankruptcy?
After bankruptcy one has to rebuild their credit rating. If or how fast one will get a new credit card depends on the issuing company. Alternatively one can apply for a pre-paid credit card.
How long does one have to wait before applying for a credit card once they have filed for bankruptcy?
There isn't a set amount of time that one needs to wait to apply for credit after filing bankruptcy. Some experts actually suggest that one tries right away to obtain a credit card. Keeping the balance low and paying a percentage every month without fully paying off the debt will help rebuild damaged credit.
What do you do if merchant has filed for bankruptcy after you have paid for a purchase with a credit card?
Nothing. You bought - and received - a product or service. You charged it, which means the merchant was paid by your credit card company. Your debt is now to the credit card company, and you owe it whether the merchant is in business or not.
Have not had a credit card in 10 years since i filed for bankruptcy?
Good for you! More people should cut up their credit cards and learn to live within their means.
If you file bankruptcy will that remove a charge off report from a credit card?
Filing bankruptcy does not remove a charge off report from a credit card on your credit report. It just adds bankruptcy to your credit report.
When must a bank charge off a credit card?
When you have filed Bankruptcy.
If you have filed bankruptcy can a cosigner help you get a credit card?
yes and so will $400 as 'security" deposit.
Can a person get a credit card for going through bankruptcy?
After bankruptcy one has to rebuild their credit rating. If or how fast one will get a new credit card depends on the issuing company. Alternatively one can apply for a pre-paid credit card.
If you are an additional card holder on a parent's credit card account and you file bankruptcy will the bankruptcy appear on their credit?
The bankruptcy will appear on their credit if you include this card in your bankruptcy. If you leave the card off the bankruptcy, it will not effect their credit.
How long does one have to wait before applying for a credit card once they have filed for bankruptcy?
There isn't a set amount of time that one needs to wait to apply for credit after filing bankruptcy. Some experts actually suggest that one tries right away to obtain a credit card. Keeping the balance low and paying a percentage every month without fully paying off the debt will help rebuild damaged credit.
What do you do if merchant has filed for bankruptcy after you have paid for a purchase with a credit card?
Nothing. You bought - and received - a product or service. You charged it, which means the merchant was paid by your credit card company. Your debt is now to the credit card company, and you owe it whether the merchant is in business or not.
Have not had a credit card in 10 years since i filed for bankruptcy?
Good for you! More people should cut up their credit cards and learn to live within their means.
Can you charge on a credit card that is in your bankruptcy AFTER actually filing bankruptcy?
"Whether a debtor keeps credit cards after filing bankruptcy is up to the credit card company. If you are discharging a credit card they will cancel the card unless you reaffirm the debt. Even if you have a zero balance the credit card company might cancel the card."
Are there any types of credit cards one can get if they have declared bankruptcy?
When in bankruptcy it is not possible to have a credit card. Once the terms of the bankruptcy have been met, some credit card companies will consider issuing a credit card to some people.
If you file bankruptcy will that remove a charge off report from a credit card?
Filing bankruptcy does not remove a charge off report from a credit card on your credit report. It just adds bankruptcy to your credit report.
How long have to apply for a credic card after bankrupt?
You can apply for a credit card immediately after filing for bankruptcy. You are more likely to receive a secured credit card after filing however. If you can wait 6-12 months after filing, you will have a better chance of receiving a positive response.
Do you still owe your debt if the credit card company went bankrupt?
Yes. Unpaid accounts with a company that has filed for bankruptcy are still collectible. Outstanding accounts become part of the bankruptcy proceedings.
