Showing results for 
Search instead for 
Did you mean: 

Ch. 7 BK DC as of 6/29/19- What’s Next?


Ch. 7 BK DC as of 6/29/19- What’s Next?

As of 6/29/19 my Ch. 7 has been discharged. Looking at credit karma, credit Sesame and Experian free credit check- all accounts are closed and at a $0 balance with a remark of “included or discharged in ch. 7 bankruptcy”

I’d like to start the rebuild process but I’m extremely scared of 1- being denied and 2-messing up again.

As of now my scores are reflecting 551 across the board. Do you have any advice on how to rebuild? A secure credit card? Loan? Any other things I should be aware of or know?

Any help is appreciated. Thanks
Super Contributor

Re: Ch. 7 BK DC as of 6/29/19- What’s Next?

Welcome and congrats. We need to know who got burned. This will help in deciding which path to take to start.

My posts are JMHO. My siggy is not to brag at all. Just sharing my experiences after learning here from rebuild to recovery after BK DC 540's. And to show fellow members what can be accomplished when you do it right and play the FICO Credit Game.
Message 2 of 6

Re: Ch. 7 BK DC as of 6/29/19- What’s Next?

Who got burned:
Cap one
Credit one
Navy Federal
DFAS (Military Star)
Ace Cashmere express
Speedy cash

Hope that helps
Message 3 of 6
Community Leader
Super Contributor

Re: Ch. 7 BK DC as of 6/29/19- What’s Next?

Hello and welcome to the forums.

First before anything you need to make sure your reports are in order and reflecting correctly. All your accounts that were included in bankruptcy, should show $0 balance and the notion IIB somewhere.

Once your reports with TU, EQ, and EX are reflecting as they should, I would then apply for a secured card with Discover. They will graduate between 6-12 months with proper management.

Also, you can start checking the pre-quals online for Capital one once your reports are in order, they are the most forgiving.

Forget won't ever get them back unless they are PIF, and even then you have to jump thru hoops after they are paid back. I wouldn't ever pay back a creditor anyways just to get credit again..

My rebuild worked for me, but won't necessarily work for you!
BK7 D/C- 08/2013
Message 4 of 6

Re: Ch. 7 BK DC as of 6/29/19- What’s Next?

Even if Cap One is one of the ones I burned?


Also, what about Car Loans?


I didn't include any cars in the BK and currently drive a beater... Eventually want something newer.

Message 5 of 6
Valued Member

Re: Ch. 7 BK DC as of 6/29/19- What’s Next?

Hello and Congratulations on your discharge.


-Capital One is very forgiving, keep trying their pre qualification which will not affect your score as its a soft pull.

- Credit One is out of the equation as you burned them and you may be blacklisted with them, at least thats what happened to me as i burned them. They will not let you in for a while and after a while you do not need them at all.

- As you did not burn Discover you can try their Pre qualification every week to see if it pops up any offer.

- If you dont have an installment Loan i suggest you take a look at Self Lender.

- Also see if you can be added as an authorized user on someone's CC account with excellent history.

- I myself couldnt get any offers to show up in Pre Qual from Cap One or Discover since my discharge, so i went ahead with some store cards using the SCT which is mostly HP nowadays according to many forums members, but i have not yet seen a HP for my cards listed in my signature, again YMMV.


All the best for your Journey towards better credit.

Cap One Platinum - $300
Cap One Walmart - $300
Merrick Bank DYL Visa - $600
Mission Lane - $750
Target/TD Bank - $300
Fingerhut - $400
Self Lender CD
Message 6 of 6
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.