Credit After Bankruptcy

Author: Brian
Guest
Posted: Sat Apr 17, 2004 4:26 pm
Post subject: Second Chance with Card

Five years ago I filed for bankruptcy and included my Citibank, Amex and MBNA accounts in the filing. Yet, I now get solicitations in the mail from these same companies that I have been preapproved or pre-selected. Has anyone ever defaulted on an account and was later approved for a new account? If so, with whom and how long after the default?

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Author: NightStar
Forum Moderator
Joined: 07 Nov 2003
Posts: 2132
Location: Illinois
Posted: Sat Apr 17, 2004 7:20 pm

American Express definitely black lists consumers having included them prior in bankruptcy - they do keep their records. Maybe 15 - 20 years down the line, but I would not hold my breath on that one. The other two I don't know about,

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Author: Guest
Posted: Sun Apr 18, 2004 3:09 pm

Preapproved and preselected really mean nothing. Your really just applying for the card. I can tell you this much however

1) Amex, you can forget about it, no way in ***** will you get in again unless you pay back what you owe, once you pay it back, you can get in again after 1 year.

2) MBNA, highly doubtful you'll be approved until that BK falls off. Good news however is that you can get in again, but you'll start with a low CL to start.

3) Citi, well lets say that they do definately blacklist and if your on it, don't even waste your time and the inquiry until its been about 10 years since you IIB citi.

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