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Valued Member
Posts: 115
Registered: ‎04-30-2012

Bankruptcy Discharged BK7 08/21/2012

[ Edited ]

Hello Everyone, This will be my first post here. I would love all your comments and replys. So on June 14 2012 I filed personal bankruptcy in the Eastern District of New York. Everything was overwheling and my business at the time was faling he is the information in the bankruptcy:


Mortgages: First Mortgage : 1,765,231.12 

                     Second Mortgage:245,987.23     

                     Home Equity Loan: 61,563.74


Credit Cards/Personal Loans

Amex 23,658.14

Amex 9,568.65

Bank of America 17,896.19 

Bloomingdales/DSNB 11,263.85 Wife 

Bloomingdales/DSNB 14,596.45 Me

Capital One 10,563.04

Capital One 5,496.87

Chase 31,569.12

Chase 12,368.67

Chase 24,165.32

Citi Cards 16,584.96 

THD/CBNA 27,895.23

Discover 3,596.42

GECRB/ Lord & Taylor 6,598.73

GECRB/ P.C. Richards & Son 9,785.61

GECRB/Lowes 12,695.74

HSBC/ Saks Fifth Avenue 18,456.28

HSBC/ Neiman Marcus 13,596.24

TD Bank - Touraneu Watch 9,854.19

Tiffany & Co 35,698.74 

Nordstrom FSB 7,459.86

Wells Fargo - Breast Implants 11,859.63


Car Loans/ Leases

2011 Mercedes-Benz E550 4MATIC Sedan - Leased : Surrended 

2011 Cadillac Escalade SUV Luxury AWD - Financed : Surrended Balance: $51,263.91

2012 Mercedes Benz C250 Coupe - Leased: Retained (Daughters Car)


Self - Employed : Check Cashing: Annual Income 2011 $483,560.00


I had to surrender personal assets such as wedding bands, rolex watch, furniture, piano, sub zero refrigator, wolf range, hunting rifles, cash, tiffany diamond, womens wearing apperal and much more. 


My Credit Scores now TU: 477 EX: 515 EQ 493 

Credit Cards: Capital One Visa : $2,000 , Credit One Visa $1,500


My question is how can i rebuild credit and obtain a car loan in future? I know this was long but guys I really need ur help. 


Thanks So Much 





Valued Member
Posts: 115
Registered: ‎04-30-2012

Re: Bankruptcy Discharged BK7 08/21/2012

FICO Forums Please comment i need help with the whole mess thanks

Regular Contributor
Posts: 205
Registered: ‎08-29-2007

Re: Bankruptcy Discharged BK7 08/21/2012

It is going to be hard becuase every state is different. I am here in TX and it is probably more debtor friendly than New York. Do you have an attorney or did you file pro se?

Starting Score: TU 477 EQ 533 BK 1/27/2012
Current Score: EX 702 TU 681 EQ 652 1/10/2014
Goal Score: 700

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Valued Member
Posts: 115
Registered: ‎04-30-2012

Re: Bankruptcy Discharged BK7 08/21/2012

Here Long Island I have BK Attorney He charge me $15,000 upfront and its still on going charges and i got two cards post bankruptcy 

Comet21 wrote:

It is going to be hard becuase every state is different. I am here in TX and it is probably more debtor friendly than New York. Do you have an attorney or did you file pro se?


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Registered: ‎08-04-2007

Re: Bankruptcy Discharged BK7 08/21/2012

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