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My Bankruptcy Journey (Updated 03-18-2019)

Jms2687
Valued Member

Re: My Bankruptcy Journey (Not Yet Filed)

Cool. Mine is not far either, but the weird part I thought was the meeting is at a train station in a conference room. Totally thought it would be in a courthouse. 

Pre BK 10/2018
Post BK08/14/2020



Message 31 of 39
jjb0894
Regular Contributor

Re: My Bankruptcy Journey (Not Yet Filed)

I thought mine would be at municipal court or city hall. It’s at some kind of plaza. The specific building is some Native American tribal building or something along those lines.
Credit Obtained Since Discharge



Capital One Platinum MasterCard, $600 Credit Limit.




Indigo Platinum MasterCard, $300 Credit Limit




Chapter 7 Discharge: March 13, 2019


Home Loan: $120,000 30 YR Fixed VA Loan @ 3% APR
Home loan through Guild Mortgage
Message 32 of 39
jjb0894
Regular Contributor

Re: My Bankruptcy Journey (Not Yet Filed)

Update (01-08-2019):
We had our 341 meeting today, the trustee asked about ten simple questions and we were in and out in a matter of about 30 seconds.
We should receive our discharge with no problems and have enough exemptions left to exempt our tax return.
Credit Obtained Since Discharge



Capital One Platinum MasterCard, $600 Credit Limit.




Indigo Platinum MasterCard, $300 Credit Limit




Chapter 7 Discharge: March 13, 2019


Home Loan: $120,000 30 YR Fixed VA Loan @ 3% APR
Home loan through Guild Mortgage
Message 33 of 39
jjb0894
Regular Contributor

Re: My Bankruptcy Journey (Not Yet Filed)

Update (01-08-2019):
We had our 341 meeting today, the trustee asked about ten simple questions and we were in and out in a matter of about 30 seconds.
We should receive our discharge with no problems and have enough exemptions left to exempt our tax return.
No asset case and expected to receive a discharge in about two months.

Update (01-09-2019):
Report of no Distribution filed by the trustee this morning. The creators will get nothing and all my exempt assets will be mine to keep. I even have additional exemptions so my tax return will be mine to keep.
Credit Obtained Since Discharge



Capital One Platinum MasterCard, $600 Credit Limit.




Indigo Platinum MasterCard, $300 Credit Limit




Chapter 7 Discharge: March 13, 2019


Home Loan: $120,000 30 YR Fixed VA Loan @ 3% APR
Home loan through Guild Mortgage
Message 34 of 39
jjb0894
Regular Contributor

Re: My Bankruptcy Journey (Not Yet Filed)

Update (02-07-2019):
Paid the remainder of the filing fee with my tax return (entered into PACER same day). Yes, I actually get to keep my tax return!
Got Capital One approval before discharge. $300 unsecured card. Probably not the best idea to apply pre-discharge but it is what it is.
Credit Obtained Since Discharge



Capital One Platinum MasterCard, $600 Credit Limit.




Indigo Platinum MasterCard, $300 Credit Limit




Chapter 7 Discharge: March 13, 2019


Home Loan: $120,000 30 YR Fixed VA Loan @ 3% APR
Home loan through Guild Mortgage
Message 35 of 39
jjb0894
Regular Contributor

Re: My Bankruptcy Journey (Not Yet Filed)

Bump for update.
Credit Obtained Since Discharge



Capital One Platinum MasterCard, $600 Credit Limit.




Indigo Platinum MasterCard, $300 Credit Limit




Chapter 7 Discharge: March 13, 2019


Home Loan: $120,000 30 YR Fixed VA Loan @ 3% APR
Home loan through Guild Mortgage
Message 36 of 39
FireMedic1
Super Contributor

Re: My Bankruptcy Journey (Not Yet Filed)

Well congrats on your approval. Little advice. Theres no rush to get credit right away. Now its time to sit back and wait up to 60 days for everything to report and for you to check to see that everything is reported correctly. IIB and 0 balance. Plus some not all get a score increase once the smoke settles due to having 0 debt. Rebuilding is a marathon not a race as they say on the forums. Kinda scarey when people have to get that card NOW right after a MOC and before the DC. Let things play out and let he DC happen. Let the fisrt door close before the you open the next door. Now that you have 1 card. Wait for the DC and then hit up self lender for an installment loan. Or a CU for a rebulider loan. Next card in 4-6 months. For now. Chill the jets. Good Luck.






Homeowner since Sept 2020. My posts are JMHO. My siggy is not to brag. Just sharing my experiences after BK from learning here from rebuild to recovery from the @ 540's.
Message 37 of 39
jjb0894
Regular Contributor

Re: My Bankruptcy Journey (Not Yet Filed)

I am unsure if my private student loan will be discharged or not but my dad co-signed it so either way I will pay it back as to not screw his credit up.
Either way for that one, I eventually want to get a personal loan and pay the student loan off with the personal loan off just to get it completely out of his name and make it my responsibility.
Credit Obtained Since Discharge



Capital One Platinum MasterCard, $600 Credit Limit.




Indigo Platinum MasterCard, $300 Credit Limit




Chapter 7 Discharge: March 13, 2019


Home Loan: $120,000 30 YR Fixed VA Loan @ 3% APR
Home loan through Guild Mortgage
Message 38 of 39
jjb0894
Regular Contributor

Re: My Bankruptcy Journey (Not Yet Filed)

Order of discharge entered in PACER!
Credit Obtained Since Discharge



Capital One Platinum MasterCard, $600 Credit Limit.




Indigo Platinum MasterCard, $300 Credit Limit




Chapter 7 Discharge: March 13, 2019


Home Loan: $120,000 30 YR Fixed VA Loan @ 3% APR
Home loan through Guild Mortgage
Message 39 of 39
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