Can I get a new bank after bankruptcy?

I would think that opening a bank account before or after filing bankruptcy shouldn't be a problem, but are you planning on including the account that you have frozen with the credit union in the bankruptcy? If so, until you bankruptcy is actually filed, the credit union can continue to try and collect the debt and also could report you to Chexsystems, which would make it hard to open an account for 5 years.

I think that many credit unions will not allow you to open new bank account after filing bankruptcy. If you haven't filed it yet, try now. They will look into your credit first before opening the account. If it's already tarnished, you may face a hard time.

I didn't realize credit unions base their decision on opening new accounts from a person's credit. I assumed they would run a Chexsystems report like banks do.

nope, most credit unions base it on credit. Mine opened the account, then sent me a letter two days later to say they had changed their minds. The bankruptcy nixed it. But that was only for a checking account, not a savings. I still have the savings account.

There are many credit unions that will not allow you to open a checking account once you have filed for bankruptcy but will allow you to open a savings account. Many of them will allow you to have a checking account after you can show good standing with your savings account. It all depends upon which bank you go to and what their rules are.

But I would hope that you have considered all of your options before you file. Bankruptcy will be on your credit report for the next ten years. While you can get a loan, you have to realize that you will be given an outrageous interest rate and credit cards will be available at the same level. Have you explored all other options? Please consider consolidation or payment plans before you ever consider bankruptcy.

Have you tried to open an account at one of the major banks? That might be able to help you.

Does anyone know that if bankruptcy helps with chexsystems? Does it help you get out of chexsystems?

Bankruptcy will not help you get out of chexsystems. My advice for the original post is to see if you can talk with the manager at the credit union you still have your account with to see if they would let you settle the account instead of discharging it with your bankruptcy debt. If they report you to chexsystems as paying your account in full you'll have a much better chance of being able to open a new account than if they reported you to chexsystems as "money still owed". The way they report you to chexsystems can make a huge difference!

I was wondering if I file bankruptsy on my bank account can I get another account after the bankruptsy proceedings is all over

Is your bank account overdrawn? Are you reported to Chexsystems? If your not reported to Chexsystems yet, you already might be able to open a new bank account.

I'm assuming that your planning on opening a new account at a different bank, right?

I will be filing the "Big B " in jan.09 a few of my bank accounts have been taken or frozen. I do have an account that has not been touched and I am wondering if that is because it is incorperated. The corp fee is coming do again and I don,t no if that is the real reason that the account is safe or have they just not caught up with me yet. I am also wondering about having an account (checking) can I or can,t no one really seems to know the answer [cpa or lawer]. Any ideas?[justify:1e3e0a33bd][/justify:1e3e0a33bd]

was declared bankrupt 4yrs ago, can i open a savings account and who is best to do this with?

You should have no problem opening any bank account at this point in time! Find someone local!

I'm filing very soon. Will I have to close the bank account I already have or can I keep using it, the bank is not included in the petition.

You should be able to keep the same checking account. My dad did and he even has his house loan through the same bank. We kept ours when we filed.

when we wanted ti oprn a checking account at a bank in the town we moved to right after our bk they would only give us a savings account. So we went to a different bank and it was no problem getting one from there.

i'm in the process of filing for bankrupcy,a have an overdraft with a bank which i cannot tell it has been reported to Chexsystem yet.Can i open a new bank account ?

I declared bankrupcy 1 year ago and part of it was a large overdraft with a bank. How can I get a savings or checking account can my husband add me to his?

We filed bankruptcy in September and our Credit Union just closed our checking account and took away all of our privileges. We are having a very difficult time trying to find a bank that will let us open a checking account now. Are there any out there willing to help us?

My husband and I filed bankruptcy 10 months ago. My mom, who is not aware of this, put me on her money market account as POD, and I just found this out because she was just diagnosed with congestive heart failure. The bank account she has is at a bank that was listed in our bankruptcy because my husband had a credit card from that bank with me as a purchaser, not joint account. I am worried about this. What should I do?

Getting another account might not be honored by the bank if you have experiencing before bankruptcy not unless you settled it earlier. I have known the best lawyers that could help you with this problem to give some advice and give legal actions. The Cincinnati Bankruptcy Lawyer is the best one for you. Through them my problem regarding to this matter has been solve.

im wondering CU are the only ones that will have problems. seems like thats what most people here are worried about. guess i'll find out soon enough if my local bank shuts me down!