Ch 7 Filed Today

[MrChairman]

Our case was filed today. Is there anything I can do now to start the rebuilding process or do I have to wait until discharge?

[gorgon]

Which banks are you burning in your bankruptcy?

[MrChairman]

I assume it wouldn't be smart to open a secured card with USAA?

USAA
Discover

Cap1

Barclays

BoA

Synchrony 

AMEX

Chase

[gorgon]

I would guess USAA wouldn't let you due to filing against them. Even with a secured card they might deny due to no longer "trusting" you.

I would get an OpenSky secured card. No credit checks so no inquiries on your credit reports.

[CGeorge]

Yes, I don't think that USAA would be a good option.

You are basically going to have to start over, from scratch - with the sub-primie lenders. There are a number of sub-prime lenders who will give you an extremely low SL card - for an AF of $75.00, but I never had a Ch 7 - although I did have a foreclosure. I was able to get the sub-prime cards about 8 months after foreclosure. I never had a secured card. I figured the AFs that I paid for the low limit sub-prime cards were my cost to restore my credit. I did well with them. I wish you very best of luck!

[MyDataMyChoice]

When did you charge off your Capital One?

If it has been 13 months from CHARGE OFF they will let you back in with at least a secured card

But if you have a late card or current card and was discharged in bankrucpy *never showed as charged off it will take aprox 6-13 months from bankruptcy discharge

[MyDataMyChoice]

Also wait until you are DISCHARGED before seeking any more credit...
You can do a self-lender or a Share Secured Loan or even OpenSky

[FireMedic1]

+1!!!!!!! Wait at least a few months after DC. Best advice my lawyer gave me. Dont look desparate before the DC!. of course JMHO.....good luck. Let one door close before you open another.

[Anonymous]

Did you look into getting a secured card with usaa? Curious myself as I burned them in mine. I filed three days before you. 😉

[Anonymous]

My wife burned usaa and they were the only one that wasn’t a subprime to approve for a secured card. She burned them for a decent chunk of change too I think like 20k.