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New Visitor
Posts: 3
Registered: ‎01-24-2008
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American Express after Bankruptcy???

Hi all I filed BK in 04
Since then I have bought a house and have not been late.
I have high balances on cards but anticpate having them all paid for by the end of March
When I filed I included my amex. Now I want another one. Currently my scores are 609, 601, 598 with the high ballances.
 
The question is will amex give me another card after I filed BK on them???
New Member
Posts: 5
Registered: ‎01-24-2008
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Re: American Express after Bankruptcy???

I don't think so. I filed in 05' and our scores are pretty similar & they turned me down (although...I don't have a mortgage helping me out). Plus, you included them in your bankruptcy so I think they'd be a lot less likely to give you credit for a while. If you can get those scores up and pay down some debt your chances will definitely increase. You are more than welcome to work out a deal with them to pay them back, even if they were included. That would definitely get you back in their good graces.
TU 588 EQ 564 EX 599
Moderator Emeritus
Posts: 16,375
Registered: ‎03-12-2007
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Re: American Express after Bankruptcy???

Unfortunately, AmEx is not BK friendly. At some point however, you may want to contact them and inquire about their Oasis program...this program/card is designed for folks who defaulted (not sure about an AmEx account IIB) with them.
Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
Regular Contributor
Posts: 125
Registered: ‎09-27-2007
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Re: American Express after Bankruptcy???

I had Amex IIBK 7 back in 1995.  Do you think I can get one now?
 
Does it matter that, since the BK7 in 1995, I have filed BK13 in 2004 and was discharged in 2005? What are my chances of getting another Amex? My fico scores are in my sig.
 
Octavia.
Ficos: August 2009 EQ 713
July 2008 EQ 696, EX 726, TU 710
Ficos: April 2008, EQ 696, EX 721, TU 710
Ficos: January 2008, EQ 691, EX 715, TU 663
Established Contributor
Posts: 660
Registered: ‎09-11-2007
0

Re: American Express after Bankruptcy???

Octavia:  Those are pretty good scores only 2.5 years out of a bk........do you have any other baddies other than the public record?
New Visitor
Posts: 3
Registered: ‎01-24-2008
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Re: American Express after Bankruptcy???

I called them today. I offered to pay back the dischared debt if they would reopen the account. They said no.
 
I think I will wait a for a few years and then try.
 
Oh well.
Regular Contributor
Posts: 125
Registered: ‎09-27-2007
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Re: American Express after Bankruptcy???

Boscoe,
 
Currrently, I have the following:
 
Experian and TransUnion:
BK13 filed 2002 dismissed
BK13 filed 2004 discharged 2005
 
Equifax:
BK13 filed 2000 dismissed (they don't drop in 7 years, but EX & TU dropped, go figure)
BK13 filed 2002 dismissed
BK13 filed 2004 discharged 2005
 
I have a couple of CCs that were IIB (no lates).  Ive had a mortgage loan since '97 (transfers/paid/closed).  I have about 3 CCs that are "closed/paid as agreed" on EX that's why it's higher than EQ and TU.  EQ is not budging on removing the 2000 BK13 (disputed as too old and rep said they report for 10 years).
 
I have 3 ccs since 2003 never late, current mortgage never late (I had a 30 day late in 2005 with a previous mtg co., disputed as "never late" they removed the late from my report).
 
Octavia.
 
Octavia.
Ficos: August 2009 EQ 713
July 2008 EQ 696, EX 726, TU 710
Ficos: April 2008, EQ 696, EX 721, TU 710
Ficos: January 2008, EQ 691, EX 715, TU 663
Established Contributor
Posts: 1,045
Registered: ‎12-30-2007
0

Re: American Express after Bankruptcy???

i thought amex blacklist which mean if you ever filed bk on them you can't have them again, i'm pretty sure i read that here somewhere but can't find the msg...
~01/2008 Ficos TU 571-EX 647-EQ 652~
~3/21/2009 Ficos TU 705 EX 702 EQ 692~
~9/9/09 Ficos TU 718 EQ 693 EX???
~06/25/12 Ficos TU 719 EQ 677 EX??
Established Contributor
Posts: 660
Registered: ‎09-11-2007
0

Re: American Express after Bankruptcy???

Hi Octavia.
 
-So you have the bk's all still on there...at least one for each CRA.
-a couple of IIB cc's
-no lates
-perfect history since you filed in 2004.
 
Your scores look about right.  EX is great at 715, the others a little lower.
 
 
Just wondering.  I was discharged from my 7 last October and was wondering when I get to 700.  I too have a couple of IIB cc's, but also have a couple of mtg loan baddies that were 120 days late when I filed.  But, all that is behind me.  I will still attempt to get them deleted, but if not, perfect credit since 7/07, so by 2010 I hope to be nearing 700.
New Contributor
Posts: 53
Registered: ‎01-24-2008
0

Re: American Express after Bankruptcy???

Not likely.  I even tried with a cosigner who has an 780 FICO and 3 different AMEX cards.  They said no due to my BK.
 
You just need to wait it out for this one.
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