just a question
would it be on to close my bank account before filing chapter 7?
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You don't need to close it. Just make sure there's nothing in it when you file. You're going to need a bank account after you file. So, why bother having to open a new one. -
Closing it will throw up a red flag to the Court. You have to declare all bank accts closed within 1 year of filing.
So, like Rover said, leave it open, but make sure there ain't much in it on the day you file.
If you have to open a new bank acct due to having a loan your BK'ing on with your current bank, go the day after you file BK, before the notice has had a chance to hit your Credit, and open a new acct. Scope out banks prior to filing to know where you want to go.Filed Ch 7 - 09/06
Discharged - 12/2006
Officially Declared No Asset - 03/2007
Closed - 04/2007
I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.
Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...Comment
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