So why do I still feel like crap???
I still have no bank account no chance of getting credit and not a penny in my pocket
how long will this last??
2007-02-26 00:32:26 · 10 answers · asked by londonletch 2 in Business & Finance ➔ Personal Finance
I know the feeling, all we have is a bog standard bank account (no debit card or credit card!)
Thing is people just EXPECT you to have one...... i.e on the phone, paying bills etc. When I tell them that I don't have one, they just say 'Oh right' (as if I'M lying!)
Good luck with sorting your problems out, it really irritates me how this country's going to pot, and yet there's people out there with wads of cash!
Maybe you should paint your face brown, change your name to Mr. Patel and try opening a bank account!
2007-02-26 01:13:11 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Sounds like you might be someone who really didn't deserve to enter into bankruptcy but were put there due to extenuating circumstances...thus yes, you will feel like crap for awhile yet. It's a struggle to regain what has been lost...we had friends who went through this and although they were able to keep their home, lease a car and even gain a credit card shortly after release...they didn't seem to learn from the bankrupt state and they lived pretty dangerously for a few years afterwards
If you are able to obtain a secure credit card (you pay so much which the bank sets aside as security) and what ever you've given the bank your credit limit will be set to either equal that amount or be a portion of it, you can begin to build your credit again that way. Not certain why you have no bank account...unless bankruptcy in the US?? is different than here in Canada.. Here in a lot of cases the only thing taken is the chance to obtain credit and your credit rating (two important things but...so is a house, vehicle and bank account, these are a lot of times left untouched).
You can get credit for a vehicle and such but you will be paying the highest percentage of interest because of your bankruptcy. Be prepared for some people to treat you like you are a loser tho. Our friends had this happen to them a few times...people wanting to sell them things only to find out their credit was garbage.
Once you get a secure credit card/high interest loan ... and make your payments on time every time for about a year straight...you'll be on the road to recovery and you'll be feeling pretty darned good about yourself again.
It's the first few steps that are the killer...but get past that and you'll be fine. Feels like a long road, but really, if you take the lesson that it's giving and understand what's happened and where you don't want to be again...you'll find your situation improving step by step.
Good luck
2007-02-26 00:48:47 · answer #2 · answered by dustiiart 5 · 0⤊ 0⤋
Several of my relatives have filed for bankruptcy over the years. I don't think it's that long because of few of them had credit cards within a few months, 1 had a car, and 1 bought a house within a year!!
As far as a bank account...you just need to find one who doesn't use a credit scoring system, or a bank that offers "2nd chance" accounts.
You can also get a prepaid or secured credit card.
It will be okay....at least you don't have to worry about the debt!!
2007-02-26 00:40:47 · answer #3 · answered by Riannaa 2 · 0⤊ 1⤋
I filed bankruptcy a few months ago and I recently got a bank account through Bank of America. I really didn't think I was going to get it but sure enough I now have it. Try it, it might get approved. Good Luck!
2007-02-26 00:42:32 · answer #4 · answered by izaak21x 1 · 0⤊ 0⤋
I assume you mean your bankruptcy was just approved.
It takes a minimum of 7 years for that to come off your credit report.
You should be getting credit card applications in the mail within a week. You aren't allowed to file bankruptcy again for several years so overcharging can be prosecuted as a crime.
Don't spend more than you earn or you'll be right back in bankruptcy again as soon as its legal to file again.
As for feeling bad... well... you should feel bad. You racked up debts you couldn't pay.
At least you have a conscience.
2007-02-26 00:38:30 · answer #5 · answered by Anonymous · 1⤊ 0⤋
You should NOT be trying to get credit right away again, anyway. Start a savings account, live below your means, sell some stuff, and just keep putting money away. Then PAY CASH for something! Try it! It's liberating to know something is YOURS and you don't still owe a bank for it.
2007-02-26 00:36:48 · answer #6 · answered by bibliophile31 6 · 1⤊ 0⤋
submitting for financial ruin does not launch anybody from something. merely a discharge from the courtroom, on the top of a financial ruin case, will try this...and, under the recent financial ruin regulation, shopper bankruptcies are severly constrained. As to the circumstances you describe, a financial ruin does no longer look an option that could yield a beneficial result. in spite of the undeniable fact that, she could have a protection to the own loan settlement - if she became too youthful to legally settlement for centers, or if she became duped into signing, she may be waiting to get out by using criminal action. those defenses are based upon state regulation - so she ought to touch an criminal expert in her domicile state.
2016-12-18 11:09:47 · answer #7 · answered by clumm 3 · 0⤊ 0⤋
congratulations !don't worry time is with u.you can contact me to proove u'self in absence of credit or something like penny
2007-02-26 01:31:29 · answer #8 · answered by upendra kumar sharma 2 · 0⤊ 0⤋
You could be the idiot that answered above me! Think about that!
2007-02-28 00:22:25 · answer #9 · answered by theartisttwin 5 · 0⤊ 0⤋
forever there goes your life man. You need a new life
Call God
2007-02-26 00:35:19 · answer #10 · answered by Jason 4 · 0⤊ 2⤋