how likely is it that one can have credit cards after
filing a chapter 7 bankruptcy? i am seriously considering
bankruptcy, but i'd rather not be able to forfeit the
convenience of ordering stuff online, etc. once it's all
over.
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Robert Stumpf
07-31-2003, 12:47 AM
It's likely you would be able to get credit cards after bankruptcy if you
really want them...but for convenience purposes, I think debit cards with a
Visa/MC logo may be a better idea. You can still use them to charge things
on the net and in stores or restaurants or whatnot, but you aren't running
up credit card bills and interest...by making you pay cash, they enforce a
valuable kind of discipline.
*****
Rob Stumpf, Esq.
Stumpf and Ginter, Attorneys at Law
Practicing Bankruptcy in NY and NJ
visit us at www.online-law-firm.com
or email rob@online-law-firm.com
Disclaimer: No email or newsgroup communication is to be construed to
establish any sort of an attorney-client relationship, is not legal advice,
and is not a replacement for the advice of a competent attorney in your
jurisdiction.
<anonymous@coolgroups.com> wrote in message
news:3f28c291_4@news.athenanews.com... how likely is it that one can have credit cards after filing a chapter 7 bankruptcy? i am seriously considering bankruptcy, but i'd rather not be able to forfeit the convenience of ordering stuff online, etc. once it's all over. -------------------------------------------------------------------- For free web access to 50,000+ newsgroups, please visit http://www.coolgroups.com/. Thanks --------------------------------------------------------------------
Brett Weiss
07-31-2003, 02:21 PM
About 100% likely. You will be deluged with credit card
applications once you file. Really.
--
Brett
************************************************** ***************
* Personal Injury/Malpractice Bankruptcy *
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* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
* lawyer@erols.com *
* http://www.erols.com/lawyer *
* *
* Small Business Estates & Estate Planning *
************************************************** ***************
The Small Print: This response is for discussion purposes only.
It isn't meant to be legal advice and you shouldn't treat it as
such. If you want legal advice, speak with a local lawyer
familiar with your state's laws who can review *all* of the facts
and the law applicable to your situation.
************************************************** ***************
<anonymous@coolgroups.com> wrote in message
news:3f28c291_4@news.athenanews.com... how likely is it that one can have credit cards after filing a chapter 7 bankruptcy? i am seriously considering bankruptcy, but i'd rather not be able to forfeit the convenience of ordering stuff online, etc. once it's all over. ---------------------------------------------------------------
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Boobers
07-31-2003, 04:11 PM
anonymous@coolgroups.com wrote in message news:<3f28c291_4@news.athenanews.com>... how likely is it that one can have credit cards after filing a chapter 7 bankruptcy? i am seriously considering bankruptcy, but i'd rather not be able to forfeit the convenience of ordering stuff online, etc. once it's all over. -------------------------------------------------------------------- For free web access to 50,000+ newsgroups, please visit http://www.coolgroups.com/. Thanks --------------------------------------------------------------------
unfortunately, what most don't understand is that BK serves as a
cornerstone to what drives our american economy. If you follow the
japanese example, they have mired in recession for the past 15 years,
mosty because Japanese banks are so reluctant to write off bad debt.
The failure of a BK keeps bad debtors and lenders in a dysfunctional
cycle that will never end.
Do I feel bad about my bankruptcy? Not in the least. It was the
second most shrewd financial decision I had ever made. The first most
came after the BK. That's when I decided that I would never (NEVER!)
borrow any money if I could help it.
8 years after my BK, I bought a house that will be paid off in ten
years, a new car. No new credit cards, although I throw away about 30
pre-approved offers per week.
If I hadn't filed, I'd have none of the above plus I'd still be in
debt.
Glen Hughes, CPA
07-31-2003, 07:06 PM
Use a debit card and stay away from credit cards.
Glen Hughes, CPA
www.glenhughescpa.com
<anonymous@coolgroups.com> wrote in message
news:3f28c291_4@news.athenanews.com... how likely is it that one can have credit cards after filing a chapter 7 bankruptcy? i am seriously considering bankruptcy, but i'd rather not be able to forfeit the convenience of ordering stuff online, etc. once it's all over. -------------------------------------------------------------------- For free web access to 50,000+ newsgroups, please visit http://www.coolgroups.com/. Thanks --------------------------------------------------------------------
Michael and Amanda Shenouda
08-02-2003, 06:47 PM
Sort of on this same topic... does any know if there is any truth to the
fact that Gas cards (like exxon, citgo, sunoco) are easier to get than a
"regular" bank credit card?
TIA
MS
<anonymous@coolgroups.com> wrote in message
news:3f28c291_4@news.athenanews.com... how likely is it that one can have credit cards after filing a chapter 7 bankruptcy? i am seriously considering bankruptcy, but i'd rather not be able to forfeit the convenience of ordering stuff online, etc. once it's all over. -------------------------------------------------------------------- For free web access to 50,000+ newsgroups, please visit http://www.coolgroups.com/. Thanks --------------------------------------------------------------------
22Ted
09-09-2003, 07:40 PM
I think this bull is a lie told by ambulance-chasing attorneys to make
bankruptcy look more attractive for you to file. Then afeter you do
file, you are screwed! Think twice before you take this step. I filed
and am sorry I did!
On Sun, 03 Aug 2003 01:47:28 GMT, "Michael and Amanda Shenouda"
<twoshenoudas@adelphia.net> wrote:
Sort of on this same topic... does any know if there is any truth to thefact that Gas cards (like exxon, citgo, sunoco) are easier to get than a"regular" bank credit card?TIAMS<anonymous@coolgroups.com> wrote in messagenews:3f28c291_4@news.athenanews.com... how likely is it that one can have credit cards after filing a chapter 7 bankruptcy? i am seriously considering bankruptcy, but i'd rather not be able to forfeit the convenience of ordering stuff online, etc. once it's all over. -------------------------------------------------------------------- For free web access to 50,000+ newsgroups, please visit http://www.coolgroups.com/. Thanks --------------------------------------------------------------------
Michael and Amanda Shenouda
09-09-2003, 07:45 PM
While you're response didn't answer my question at all... I must say that
we've been discharged for about five months now, and filing this bankruptcy
was the best move we've ever made. no phone calls no harassment, in these
five months we've got a steady stream of money going into our savings
account, we take a portion of every dollar we get for the sole purpose of
saving. we still pay our car bill religiously, we have a Bank of America
secured credit card which we pay off monthy. I can't think of a better
solution.
MS
<Hibernia> wrote in message
news:jp3tlvk0p6l5258sq37flf2usfd101i5i7@4ax.com... I think this bull is a lie told by ambulance-chasing attorneys to make bankruptcy look more attractive for you to file. Then afeter you do file, you are screwed! Think twice before you take this step. I filed and am sorry I did! On Sun, 03 Aug 2003 01:47:28 GMT, "Michael and Amanda Shenouda" <twoshenoudas@adelphia.net> wrote:Sort of on this same topic... does any know if there is any truth to thefact that Gas cards (like exxon, citgo, sunoco) are easier to get than a"regular" bank credit card?TIAMS<anonymous@coolgroups.com> wrote in messagenews:3f28c291_4@news.athenanews.com... how likely is it that one can have credit cards after filing a chapter 7 bankruptcy? i am seriously considering bankruptcy, but i'd rather not be able to forfeit the convenience of ordering stuff online, etc. once it's all over. -------------------------------------------------------------------- For free web access to 50,000+ newsgroups, please visit http://www.coolgroups.com/. Thanks --------------------------------------------------------------------
