Approved for Capitalone before ch7 discharge

[Whiterw]

Hey everyone. 

did I mess up in applying? I was just trying to rebuild and didn't expect an approval. 

My 341 meeting was Jan4. The discharge date is March5. Just curious if I'm in trouble for applying early. I converted from 13 to 7 on December 7. 

[Jnbmom]

@Whiterw 

You really should not be applying before your BK is discharged !

[Whiterw]

are there any repercussions if I don't use the card?

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@Jnbmom wrote:

@Whiterw 

You really should not be applying before your BK is discharged !

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[CreditMagic7]

Capital One seems to have extra sensory inside info or just plainly identifies a BK filing then issues those like candy.

I got mine BEFORE dc as well BUT i waited until the discharge became legally official and then applied the very same day with an approval.

Doubt it will cause any issues BUT it's highly advised not to app anything whatsoever because some circumstances in such an event CAN (but i wont say will), but legally can throw a monkey wrench into the process

[Whiterw]

My lawyer made it sound like I could apply but probably wouldn't get approved. So I applied and got approved. I have no intent to spend on it. Just wanted to rebuild. 

Is there anything I should do? I already told my lawyer. 

[CreditMagic7]

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@Whiterw wrote:

My lawyer made it sound like I could apply but probably wouldn't get approved. So I applied and got approved. I have no intent to spend on it. Just wanted to rebuild. 

Is there anything I should do? I already told my lawyer. 

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Your lawyer obviously doesn't know Capital One as well as this board does.

I was stunned myself while waiting for DC when Cap One mailed a PREAPPROVAL as though they wanted first dibs on becoming the very first card lender right out of the gate. I obliged them and sure enough it was SOLID/INSTANT. I've since used the link someplace in these forums to upgrade the Platinum to the Quicksilver. Even already got a SP CLI in the same process.

[Whiterw]

So you applied and got approved with cap one before discharge? 

[Whiterw]

They approved me for $3k off the bat. 

makes me think this is going to be ripped out from under me. 

[CreditMagic7]

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@Whiterw wrote:

So you applied and got approved with cap one before discharge? 

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Nope. I sat on it until the discharge documents came thru in the mail. Same day BOOM! Approved!

Yours is even a better SL than mine which was a meager $1K. (I held a $41K Venture Card with them before BK)

You should be fine i think but i'm not that up on apping before a DC or if it even really matters.

[Whiterw]

I'm beginning to think it doesn't matter. I had my 341 and the trustee adjourned. 

but I should have waited. My Experian app shows all of the accounts I had before are closed and no balance. 

I should've waited. Just going to cause stress until March 5.