I am new and this is my first time posting. I have searched and searched but cant seem to find out if I can open a savings (very small $140 to move out of another bank who holds a loan that will be included in bk) account with NFCU before filing (probably going to file ch7 in 2-3 months) or if it will be closed and I will have to reapply after the discharge anyways......any help would be greatly appreciated. TIA
You can move your banking to any CU or Bank prior to filing, I actually suggest it since most will pull your CHEX and Credit Report and if you have issues with either it may prevent it. NavyFed shouldn't freeze you if you aren't including them. You'll just need to include them on your filing to state you have a savigns with them and $X is in there. If you wanted to also utilize them for checking you might as well ask to open a checking now since then you'll only have on HP vs 2 if you decide you want it later down the road.
You can also wait til llater, I opened my checking/savings with them after I filed and I had no issues at all (with opening, I've had other issues but none related to my BK). You can also wait and try and open a checking with another CU or bank after you file, however most will deny you, or tell you that they want you to wait a year till after BK before they give you a checking. Honestly, it's best to just move yoru stuff now, and if your old account is going to be negative just add that onto your BK petitiion.
If it helps at all -- the hard inquiry will only occur when you apply for your membership savings account. If you open a checking account down the road, there should be no hard inquiry.
(There will be an additional hard inquiry if you apply for a checking line of credit, loan, or credit card).