Announcement

Collapse

Forum Rules (Everyone Must Read!!!) (updated: 04/28/2015)

Welcome to the Bankruptcy Forum. Bankruptcy (BK) Forum is known as BKForum.com and will be referred to as BKF hereinafter. In order to ensure a long term success of our vibrant community, we have established certain rules and guidelines to which everyone must adhere to. Please take your time to carefully read our rules, before you start to participate in the community.

Things you agree to do:
BKFORUM.com (BKF) users agree to use the search function before starting a new thread. This prevents duplicate discussions and allows for better organized topics.

All BKF users agree to read the sticky posts which may be available at the top of a forum page. These Sticky posts often contain valuable information. They may also outline more rules and guidelines specific for that particular forum, stickies are put in place by that forums moderator(s) or admin(s).

Things you agree not to do:

All BKF users agree not to call people names or write a post simply to make a personal attack, or get a negative reaction; this behavior is not allowed on our forum. The use of derogatory language aimed at anyone will be severely dealt with. There is no need to agree with each other, or to even like each other. However, by signing onto BKForum.com you agree to treat each member and guest with the respect they deserve. No threats or personal attacks will be allowed.

All BKF users agree not to discuss, engage, or encourage any behavior or activity which violates the law. Discussion of drugs, violence, murder, theft, vandalism, fraud or any other issue which could be used to help individuals break the law is strictly forbidden.

All BKF users agree not to "bump" old threads, unless there is a specific benefit to the community by doing so. But in most cases, please don't post in very old threads, instead start new threads.

All BKF users agree not to attempt/use another members account. It is against BKF rules to use any account other than your own. Impersonating another member will result in an immediate ban. It is also against the rules to open more than one account in your own name without permission from a moderator or administrator. If you have been banned for any reason, it is against the rules to open another account. If you were banned temporarily and you are caught using another account you will be banned permanently. Choosing a moniker which is similar in either sound or spelling as a moderator or administrator is strictly forbidden.

All BKF users agree not to private message any moderator, admin, or other member with questions related to their personal circumstances (Questions about the forum or issues with the forum are ok). This forum only works when members share their experience and insights with everyone.

Things you agree not to post:
All BKF users agree not to post any derogatory/racist/or sexist remarks. This includes attachments, links and all information contained within posts, signatures, and avatars, failure to comply with this rule will result in a permanent ban.

All BKF users agree not to post any copyrighted or trademarked information without the express written permission of the owner(s) / proper citation of source.

All BKF users agree not to post any real names, addresses, telephone numbers, email addresses, social security numbers, or any other personal details (their own or other people's).

All BKF users agree not to post links, pictures, attachments, videos, or the like of pornographic content, objectionable material or extreme violence, whether cartoon or real.

All BKF users agree not to use BKF for advertising purposes without a written contract between yourself/company/agent and the administration of BKF. Blatant advertising will result in a ban.

All BKF users agree not to spam the forums. Spam includes but is not limited to posting erroneous, non-relevant-useless, off-topic, or meaningless posts. Spam may also include posts which contain no text, or large areas of blank space between lines. Simply posting emoticons without text is considered spam. BKF is the largest bankruptcy message board and all the content is intended to help other users. Please help us improve the quality of our forum by making sure that your posts are well-worded, spell checked, grammatically correct and syntaxed.

Regarding actions of moderators and administrators:

The forum is no place to air out your opinion or be judgmental of our staff and its capabilities.

All BKF users agree not to abuse or mistreat moderators or administrators. It is against BKF rules to post any information regarding bans or any other action taken by a member of the moderating or administrative team. If you wish to discuss bans or warnings please do so via PM. To place a complaint against a moderator, send a PM to a super moderator. All Moderators are equal, any decision made by a moderator must be adhered to. If a moderator tells you something you do not like, do not go to another moderator looking for a different answer. If you are caught doing this you will be banned. The moderators work as a team and respect the decisions made by their peers and will help enforce them unless an administrator tells them differently.
If you have an issue with how the forum is run, then notify one of our administrator and we will look into the situation. We have in the past and still do appreciate any input that you offer this forum. But critical input and/or judgmental postings towards the staff will result in you getting banned.


Should you find a thread offensive or out of line, then notify a Mod in a PM so they can evaluate the situation and do the action deemed necessary.

All moderators do have active "other" lives outside of the forum and help moderate this forum in their spare time throughout the days and weeks.

If you have a problem with a member or Mod follow the proper channels of reporting it.

BKF reserves the right to delete any posts which contain anti-BKF comments or discussion. Any bashing of moderators or administrators, or any of their discussion or actions will also be deleted, and the responsible posting party(s) will be banned. Any public anti-BKF advertising, communication, or posts on another forum will result in permanent bans as well.

All warnings and bans are decided by individual moderators and administrators. Warnings are preferable to bans however, for serious offenses and repeat abusers bans will go into effect. The length of the bans can vary from several hours to permanent.

All messages posted or sent including through PM are the property of BKforum.com.

All BKF users agree not to advertiser on the forum (Niether by posting, private messaging or using your signature). If you are a company/attorney/legal adviser wishing to advertise on the site or sell a product, you must contact the head administrator and inquire about our advertising packages.

All bankruptcy related opinions expressed on BKForum.com are those of their authors and not necessarily of BKF, its staff or representatives.

You agree not to copy any material/post/content from BKF without written permission from our head administrator .

By posting on this forum you agree to these terms and conditions, including any punishment deemed appropriate by moderators or administrators in the event of an offense.

Administrators/Moderators can change these rules at any time without prior notice.
See more
See less

Recommended Credit Cards

Collapse
This is a sticky topic.
X
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    Look to Credit Unions for secured cards

    There's no reason why you should be paying excessive fees for a secured credit card. An annual fee under $100 is probaly ok. However, amounts beyond that or these ridiculous monthly maintenance fees is just another way for the ccc's to capitalize on your misfortune. Also an APR over 22% should be avoided. If you do your homework, you can find good offers for secured cards even for the recently bankrupt. Your best chance is with your local credit union. Credit Unions are much more friendly than banks and typical ccc's. My local CU has a secured card with a 14% APR, No annual fee, and no monthly maintenance fee. They require you to make an equal deposit for the credit limit I want. They also pay .75% savings on the security deposit. Also bankruptcy is not a problem. So, check with your local CU. They all vary, but generally have much better offers than the banks. If you've declared bankruptcy, don't even bother with the Well's Fargo's and Bank of America's. Hope this advice helps.

    Comment


    • #17
      Click on the link below for information about various credit cards designed for individuals with bad, slow or no-credit. Please exercise caution, and common sense when applying for sub-prime credit cards! Also read, and re-read all the fine print. Also ensure that the credit card you ultimately decide to apply for is "managed" "issued" from an actual bank. e.g. Cross Country, Orchard Bank, et cetera.

      Good Luck!

      Click Here
      The information provided is not, and should not be considered legal advice. All information provided is only informational and should be verified by a law practioner whenever possible. When confronted with legal issues contact an experienced attorney in your state who specializes in the area of law most directly called into question by your particular situation.

      Comment


      • #18
        There is Life after Bankruptcy

        We have an Orchard Card that we got about 6 months after discharge on a Ch. 7. We have a $59 annual fee but no monthly maint. fee. We have been happy with them. We have gotten 3 credit limit increases in less than 2 years. We now also have a Providian Card with no annual fee and lower interest rate. We even had 6 months no interest on this card. We got this one about one year after discharge. We have bought 1 new and 1 used vehicle, financed through our Credit Union, since discharge. And now finally 2 years after discharge we are buying a house with no interest rate penalty. We close the end of June and that we be a great report to the credit bureaus. There is life after bankruptcy.

        Comment


        • #19
          I recently got my Visa Rewards 660 card in the mail. So far, I am VERY happy with the customer service, as they have answered all of my stupid questions and any other troubles that I have had. I can pay online, view my account online, etc. I also get $100.00 credit increases after 3 months of on time payments, every 3 months... not a bad deal!
          BUSY running my own credit repair services! Sorry I don't stop in so often any more!

          Comment


          • #20
            Aspire credit cards

            Hey what is the interest rate you get after you file 7 just wondering what I would be looking at and what the fees are for having it?? thanks
            DISCHARGED Case CLOSED = 01/03/2006
            Credit Cards
            Washingon Mutual 3000.00
            HSBC 1600.00

            Comment


            • #21
              Best read the fine print on your Premier cards they offer you!!!!
              Premier charges:
              1. a monthly maintenance fee
              2. a initial set-up fee
              3. a 1st year activation fee
              4. a $25.00 fee for each increase in credit line
              5. a 9.9% interest rate which can increase to 27.9% if
              they deem valid regarding your credit worthiness.

              You can end up owing them $3-400 before you even get a card. And this has to be paid in order to use their card.
              Talk about a "money-making deal" for them.

              Why don't they just say "send us $500.00 and we'll LET YOU BORROW AGAINST IT". LOL

              Its hard to re-establish credit but I'm sure there's an easier way than this..

              Me - I'll wait..........and deal with cash for a while.

              Minny
              Minny

              "It's amazing the paths that our feet sometimes follow in life".

              My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.

              Comment


              • #22
                Orchard Bank

                I've had a Orchard Bank card for almost 4 months. No problems so far. Interest rate is 14.9 and limit is $300. I will ask for an increase next month. I only paid a one time $59 yearly fee. Online paying is good, and they only are behind one month reporting to my credit report.

                Comment


                • #23
                  Originally posted by king_rks
                  I've had a Orchard Bank card for almost 4 months. No problems so far. Interest rate is 14.9 and limit is $300. I will ask for an increase next month. I only paid a one time $59 yearly fee. Online paying is good, and they only are behind one month reporting to my credit report.
                  Good for you! Keep up the good work!
                  The information provided is not, and should not be considered legal advice. All information provided is only informational and should be verified by a law practioner whenever possible. When confronted with legal issues contact an experienced attorney in your state who specializes in the area of law most directly called into question by your particular situation.

                  Comment


                  • #24
                    Orchard VS. Apire and other "Bogus" CCC

                    I definetly reccomend what most people post on this site about waiting out the credit card offers until one looks promising. My wife and I Discharged in Jan. 05 and within a month I decided the Orchard card offer was the best I received through the mail. It's funny, I was getting two or so a month offers from all kinds of "Loser Banks" with crappy deals while still waiting for discharge. Anyways I was approved for $300 dollars a couple weeks after sendig in the application.

                    I decided a couple months later to see if my wife would also qualify. We sent in her app. and she was given $750. I couldn't beleive she received a higher limit than me! I'm not complaining though. Anyways I just paid off the rest of my balance and I will wait till it posts before I ask for a limit increase.

                    Aspire is a joke with all the upfront fees they charge and reaccuring charges. Don't waste your time when you get these and others in the mail. If you can't be patient now, who's to say you won't struggle again with debt and put yourself in the situation we've all been in before? Wait it out and be patient, your credit will come.

                    Thanks for all the great posts from everyone.

                    Comment


                    • #25
                      Capital One Platinum Card Offer Post Discharge

                      My husband and I filed Chapter 7 in December, 2003 and were discharged March, 2004. We each had a Capital One account included in our Chapter 7. Recently, each of us have been receiving numerous offers from Cap I for a pre-approved, 0% until February, 2006 and 14.9% thereafter, Platinum card with a $19 annual fee.

                      We are now interested in rebuilding our credit and are wondering if we respond to one of these offers, is there a chance that Capital One can come after us for the balances owed on our two accounts which were IIB. If there is a chance of that occurring, we obviously will not reply.

                      Any input would be most appreciated. Thanks very much.

                      Comment


                      • #26
                        Originally posted by Badbea
                        My husband and I filed Chapter 7 in December, 2003 and were discharged March, 2004. We each had a Capital One account included in our Chapter 7. Recently, each of us have been receiving numerous offers from Cap I for a pre-approved, 0% until February, 2006 and 14.9% thereafter, Platinum card with a $19 annual fee.

                        We are now interested in rebuilding our credit and are wondering if we respond to one of these offers, is there a chance that Capital One can come after us for the balances owed on our two accounts which were IIB. If there is a chance of that occurring, we obviously will not reply.

                        Any input would be most appreciated. Thanks very much.
                        They absolutely can not come after you for any previous amount discharged in a Bankruptcy!
                        BUSY running my own credit repair services! Sorry I don't stop in so often any more!

                        Comment


                        • #27
                          Be sure you read the "fine print" REAL GOOD..... some of the cc companies offer you a cc again - but in the fine print you agree to have the previous balance added to your card in order to get it....CAREFULL....
                          If you agree, they "gotta cha"......(they don't ask if they can, you agree that they can and give your permission)....
                          Sneaky, huh!!!!

                          Minny

                          Minny
                          Minny

                          "It's amazing the paths that our feet sometimes follow in life".

                          My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.

                          Comment


                          • #28
                            I just wanted to share some info with all of you....I found that National city bank offers a secured cc with only a $3.00 per month fee! There is no application fee ! It seems great and they report it to all 3 credit agencies as unsecured so you can boost your score !!!

                            Comment


                            • #29
                              Hope They Aren't Handling Your Mortgage...............duh!!!!

                              Minny
                              Minny

                              "It's amazing the paths that our feet sometimes follow in life".

                              My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.

                              Comment


                              • #30
                                Handling my mortgage ?????? NO, THEY ARE NOT....We have a mortgage with someone else, I just found this searching on the net.... thought it would be helpful to someone

                                Comment

                                Unconfigured Ad Widget

                                Collapse
                                Working...
                                X