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Opening a business account with terrible credit

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    Opening a business account with terrible credit

    I was looking at another thread witch then spurred my question.

    I am soon going to be completely underwater & somewhere down the road will declare BK. At the moment though I am still clean, my cards are maxed but nothing negative has hit the credit report yet...Relatively soon I will need to have 1 or 2 business accounts for an idea I have after BK. Should I open all the accounts I need right now, before my credit is in the crapper? Can I open business accounts after my credit is horrendous?

    Thank you,

    #2
    Yes on both ends. If you do it before BK, you have to list them.
    Filed C7 Aug 31 2008
    341 Oct 8 2008
    Discharged Dec 9 2008

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