OP, have you done a search here on the forums for penfed bankrupt ? I could swear that they were not BK-friendly.
PenFed just recently got hot around here, so many of us just know what worked for us, and not necessarily about other problems. But there are older threads about them, too.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007