new line and bk7

[wissam]

what you all think about opening a new credit line before 341 meeting in 7 days ? 

i would not use it until bk case closed. 

i need to start bulding my credit . 

i was pre quilifed with capitalone for platinum card . but i was told it might cause a problem to open it . 

[Anonymous]

No. Just no. Do not open anything credit related excluding a checkings/savings account until after you have been discharged.  

[wissam]

So after I have 341 and truste say your debt is discharged. ? Or after all my case is closed ?

[holmesnmanny]

There's nothing in the bankruptcy law that says you can not open a new credit account while in bankruptcy. Most people just want to error on the side of caution and not have to get a letter from a trustee asking about it. 

I think if you are preapproved for a card then go for it. It is possible cap1 might actually deny you until after your discharge. Just don't use it until after your discharge unless you absolutely have to, just to be on the safe side. 

[wissam]

I was going to apply and invade of approval I would not use it until I have my discharge
My creditors meeting in April 7 tho it is soon
And I have 4 open accounts current abs no balance they survived from the bk so far
I think this will be big helping factor

[Anonymous]

Cap 1 Approved me for 2 $300 limit cards 3 weeks after 341 meeting.

[CH-7-Mission-Accomplished]

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@wissam wrote:
I was going to apply and invade of approval I would not use it until I have my discharge
My creditors meeting in April 7 tho it is soon
And I have 4 open accounts current abs no balance they survived from the bk so far
I think this will be big helping factor

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If you have four revolving accounts, I would wait until after discharge.  You might be surprised that some of those accounts that are open now will get closed when your creditors soft pull your reports and see the BK.  This does happen even where they were not included.

The reason I would wait is that as account balances update to zero, your scores should rise, and you might well get higher starting limits.   Lots of people get like $300 if they apply while in BK and if they wait they might get 3K.  Once you start at these $300 limits, it is hard to get them up to anything decent.  Maybe $700 then $1200, but it is a long slog.  Better to start out with higher limits.

[wissam]

Fingerhut was not included and they closed it as included in bk .it really pissed me off because it has 0 balance and I did not include it
The 4 open accounts are ( key Jewelry. Gerd jewelry.firstone and bush cards .
Also I have Nordstrom card from td bank still open with no balance even target with TD was burned 300$ in bk

[CH-7-Mission-Accomplished]

You should know accounts will make it after 3 months post discharge. Hope for the best but do not be shocked if you get some more closures.

[Scupra]

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@wissam wrote:
Fingerhut was not included and they closed it as included in bk .it really pissed me off because it has 0 balance and I did not include it
The 4 open accounts are ( key Jewelry. Gerd jewelry.firstone and bush cards .
Also I have Nordstrom card from td bank still open with no balance even target with TD was burned 300$ in bk

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All accounts are included in a Chapter 7, balance or not.. I respectfully think you have no reason to be "pissed" as the creditor was following the law. What I would encourage you to do is read around the BK forums a lot more. There is a bunch of info that will help you through this and answer many of your questions.