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Filing Chapter 7

Improving2019
New Member

Filing Chapter 7

Just got my 341 date after it discharges should be in June . How long should u wait to apply for discover it card. I will he reaffirming my car loan.
Message 1 of 8
7 REPLIES 7
Jnbmom
Community Leader
Senior Contributor

Re: Filing Chapter 7

AFTER your discharge!!!!
EXP 758 TU 783 EQ 729
Message 2 of 8
Improving2019
New Member

Re: Filing Chapter 7

Yes, I get after discharge,but how long after was question.
Message 3 of 8
Jnbmom
Community Leader
Senior Contributor

Re: Filing Chapter 7

I would wait until your reports reflect your BK discharge and all accounts that were included are reporting correctly.
EXP 758 TU 783 EQ 729
Message 4 of 8
FiresOut
Super Contributor

Re: Filing Chapter 7

Welcome. Depending on how many creditors were in you BK. It can take up to 60 days for everything to update. If you havent joined. Credit Karma updates each week and you can see how it's coming along for all your creditors will have to show 0 balance and IIB. Ignore the scores. Plus some not all get a minor score boost once the BK is done due to being debt free. No rush. Discover isnt going anywhere.

Message 5 of 8
Improving2019
New Member

Re: Filing Chapter 7

Thank you will do
Message 6 of 8
Improving2019
New Member

Re: Filing Chapter 7

Thank you appreciate the advice.
Message 7 of 8
pizza1
Community Leader
Super Contributor

Re: Filing Chapter 7

Before you apply, all your credit reports need to be reporting correctly first.

The BK in PR section needs to say Discharged and the date of discharge.

All your accounts that were IIB, need to reflect $0 balance and the IIB notation on the account somewhere.

Once it all looks ok, then you can apply. If you're denied unsecured, but countered the secured, I would take it!! It graduates, and will be a positive account reporting which you will need immediately.

My rebuild worked for me, but won't necessarily work for you!
BK7 D/C- 08/2013
Message 8 of 8
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