How long til I can open new account?

[willowhare]

I am planning on filing Wednesday. I would like to open and use accounts at a credit union since I agree with their philosophy much more than for-fee banks these days. I have a checking account with National City--that is the account listed on my bankruptcy paperwork. I get paid (live check) on Thursday.

My question: how long should I wait after filing to open checking and savings accounts with a credit union? I intend to keep the National City account open through the bkr without adding to it. It has been drained to about $15 in anticipation of my filing.

There is a credit union I qualify for on my way home from work. It would be very nice to just take the paycheck there Thursday (1 day after filing), open the accounts and take the first steps to my fresh start. However, I am concerned that a trustee might look at this as deceitful. I intend to bring the statements for the new accounts to my 341 in case the trustee asks for them.

So, is it OK to go ahead with the new accounts?

[StartingOver08]

I would open it before the filing.

[willowhare]

I can't. I don't have money to open them before the filing. And then, on my paperwork, I would list 2 checking accounts and a savings account. That will probably send up red flags.

[yuckhatethis]

Lots of people have multiple accounts-I wouldn't worry at all about that sending up red flags.

I can't. I don't have money to open them before the filing. And then, on my paperwork, I would list 2 checking accounts and a savings account. That will probably send up red flags.

[StartingOver08]

Did you check the requirements with the CU? Sometimes they have a waiting period after filing BK before you can open an account with them. Each one is different though, so check out the specific waiting period for you. Also you can open the account with a very, very small deposit typically $5.00 or so in some CU's