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Secured Card during Chapter 13

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    Secured Card during Chapter 13

    Anyone do this? does the trustee pull credit report to see if you have applied for new credit?
    Filed CH 13 07/18/08
    341 Meeting 09/03/08
    Confirmed 10/14/08
    Stats: $322 payment, 22/39 Completed

    #2
    Originally posted by reb512 View Post
    Anyone do this? does the trustee pull credit report to see if you have applied for new credit?
    I'm not sure, but I was always wondering the same thing if the trustee pulls credit reports.
    Filed: 5/22/07; 341 Hearing: 6/27/07;
    Confirmed: 8/13/07; DISCHARGED 4/17/2012

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      #3
      Some trustees allow you to apply for credit of no more than $1,000 during a Chapter 13. I suggest you give your attorney a call and find out if there will be an issue if you open any kind of credit account while still in your Chapter 13. Be very careful that during your Chapter 13 you do not jeopardize yourself with any excess bills that will not permit you to make your Plan payment, mortgage payment, etc.
      _________________________________________
      Filed 5 Year Chapter 13: April 2002
      Early Buy-Out: April 2006
      Discharge: August 2006

      "A credit card is a snake in your pocket"

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