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Will I Be Able to Open Another Bank Account Because of My Bankruptcy? – Mary

Written by Steve Rhode

“Dear Steve,

I’m in the process of filing BK. I owe another bank money in overdraft fees and my present bank’s credit card is included, so I need to close that account also. I am not able to open an account at a regular bank becuz there part of a pay chex system in which the bank I owe money to has sent notices to other bank about this which disallows me from opening up an account.

If I close my credit union account which I now have due to the fact their credit card is part of the BK, am I able to open up another account at a credit union? or will the credit union banks know I filed BK and not allow me to open an account.

Mary”

Dear Mary,

Woman in home office with computer and paperwork frowningI’d suggest you go try to open a new account now, before you file. But a bank and a credit union are not your only options. While there have been some customer service complaints, outfits like the American Express/Walmart Bluebird bankruptcy service don’t check your credit. They promote this service as the checking & debit alternative.

As they say, “And it’s super easy to open a Bluebird Account since there are no credit reviews.” – Source

Then there are other services like NetBank that might be of interest as well.

Please post your responses and follow-up messages to me on this in the comments section below.

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About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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