http://www.askmrcreditcard.com/creditcardblog/credit-after-bankruptcy-how-to-get-credit-and-manage-new-credit-accounts/ Latest Credit Card News, Reviews and Information Thu, 09 Feb 2012 07:48:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.askmrcreditcard.com/creditcardblog/credit-after-bankruptcy-how-to-get-credit-and-manage-new-credit-accounts/comment-page-1/#comment-94089 Teresa Sat, 03 Jan 2009 23:31:36 +0000 http://www.askmrcreditcard.com/creditcardblog/?p=2313#comment-94089 I have a question. I filed for bankruptcy - chapter 13 in 2007 and have 5 years to pay it off. I did not want to put my credit union in the mix but my lawyer said it was mandatory. I had excellent credit before filing for bankruptcy ("robbed Peter to pay Paul theory). I owed my credit union a little under 7,000 - can I pay them back in a lump sum - I wanted to pay them with my bonus - am I allowed to do that since they are in my bankruptcy. I have the 5 year plan and the bankruptcy will be over in Feb , 2012. In 2007 before bankruptcy filing I opened a checking./savings account with a bank but you have to have 100 in each acct each month to avoid 10 fee for each. I would really like to use my credit union again. Please advise. I have a question. I filed for bankruptcy – chapter 13 in 2007 and have 5 years to pay it off. I did not want to put my credit union in the mix but my lawyer said it was mandatory. I had excellent credit before filing for bankruptcy (“robbed Peter to pay Paul theory). I owed my credit union a little under 7,000 – can I pay them back in a lump sum – I wanted to pay them with my bonus – am I allowed to do that since they are in my bankruptcy. I have the 5 year plan and the bankruptcy will be over in Feb , 2012. In 2007 before bankruptcy filing I opened a checking./savings account with a bank but you have to have 100 in each acct each month to avoid 10 fee for each. I would really like to use my credit union again. Please advise.

]]> http://www.askmrcreditcard.com/creditcardblog/credit-after-bankruptcy-how-to-get-credit-and-manage-new-credit-accounts/comment-page-1/#comment-91570 Credit Man Thu, 04 Dec 2008 19:57:30 +0000 http://www.askmrcreditcard.com/creditcardblog/?p=2313#comment-91570 I went through this and the smartest thing I did was get one of those easy to get, low credit limit, with a month fee cards right before I filed. I actually got two and have used them every month for the last 7 years. That helped get my credit back quickly. I went through this and the smartest thing I did was get one of those easy to get, low credit limit, with a month fee cards right before I filed. I actually got two and have used them every month for the last 7 years. That helped get my credit back quickly.

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