I have to agree with CH-7. You are not articulating your situation. From what I gather you were surprised when you realized you owe $500,000.00 + and have over 200 different creditors. You also operate a business and are wondering why some of your accounts are still open when WF closed the account you had with it. In addition, you are wondering why you are having a tough time communicating with your car lender. Lastly, you want to know what is going to happen in your case.
1. You operate a business and elected to file a Chapter 7? I sure hope you discussed this with an attny.
2. Communication with creditors after filing sometimes can be difficult. If you want to keep the vehicle you simply need to make payments. If you no longer have "on-line" access to make payments, do it the old fashioned way. . . by US Mail and a check.
3. Wells Fargo's internal policy is to freeze bank accounts for depositors who file Chapter 7. As to the secured credit card, WF has the right to apply the funds in the account to the cc balance. It also has the right, as does any other credit card company, to close the account. Having credit is a privilege not a right and you cannot force a credit card company to give you, or allow you to keep, a credit card account.
4. As to what to expect. . . can't answer that. All I can say is, if you currently have or had a business, be it a corporation, LLC or sole proprietorship, you really need legal representation.
Des.
