Re-Using Old credit card accounts after discharge

creditcardshuffler

Just a quick update.........I have just telephoned the IS enquiry line and posed the same question to them..they have said that I cannot use the old accounts :mad: ..boo....hiss......:mad: but I am free to apply for new accounts, I don't rate my chances of getting anything.

Oh well it was a nice idea that I could possibly get one over the credit card companies by exploiting the fact that their internal departments fail to talk to each other...I mean they often send me letters saying to switch my balances to them for 0% etc....even though I cannot have any balances to switch.....:cool:

shadowdragon

creditcardshuffler wrote: »

Just a quick update.........I have just telephoned the IS enquiry line and posed the same question to them..they have said that I cannot use the old accounts :mad: ..boo....hiss......:mad: but I am free to apply for new accounts, I don't rate my chances of getting anything.

Oh well it was a nice idea that I could possibly get one over the credit card companies by exploiting the fact that their internal departments fail to talk to each other...I mean they often send me letters saying to switch my balances to them for 0% etc....even though I cannot have any balances to switch.....:cool:

its probably for the best in the long run, you want anything just forward plan and save up. Higndsight (spelling!!) is a wonderful thing but I remember my mam saying "never a borrower or a lender be". I think she was right.

fiveyearplan

CCS - at least you know for sure now.

rog2

It's a coincidence that you should post this question as last week I recieved the following text message from 'Barclaycard':

"Your new card is on its way. Please call the number shown on the sticker on the new card to confirm safe receipt. Thank you."

Whilst I have absolutely no intention of using anything other than my pre-pay mastercard, I was certainly intrigued by this message.
I think it must have been a mistake, though, because, so far at least, no cards have turned up. :rolleyes:

'Please do not offer me credit as a refusal can offend.'

blind-as-a-bat_2

rog2 wrote: »

It's a coincidence that you should post this question as last week I recieved the following text message from 'Barclaycard':

"Your new card is on its way. Please call the number shown on the sticker on the new card to confirm safe receipt. Thank you."

Whilst I have absolutely no intention of using anything other than my pre-pay mastercard, I was certainly intrigued by this message.
I think it must have been a mistake, though, because, so far at least, no cards have turned up. :rolleyes:

'Please do not offer me credit as a refusal can offend.'

Sounds like the differant computers at the banks dont talk to each other either then :rotfl:

One computer says "yes" the other "No":p

Richard_S

Hi CCS,

My opinion, and that's all it is, is that I wouldn't hesitate to take advantage of a card that had been "overlooked".

Of course, I don't mean with any fraudulent intent, but I'm more than a little weary of stood in an airport arrival lounge wondering if I'll actually be able to hire a car.

I don't object to the problems that bankruptcy causes, but I fail to see why, when I've got more than adequate funds to purchase a service, that I should be denied that service for no good reason.

Richard

creditcardshuffler

I agree with you Richard_s

I have re examined my guides to Bankruptcy and cannot find any reference to this scenario. I don't think I explained myself quite clearly enough on the telephone to the IS this afternoon so I am thinking of sending them an email just to clarify the situation.

I did include all my credit card details in my SOA and cut up and sent my cards to the OR when requested. However if the OR only contacts creditors who you actually owe money to then perhaps any companies whose cards had Zero balances would not be contacted and so could be left in the dark so to speak.

I have been fortunate enough that my wife still has her credit cards etc. so not keeping mine for car hire etc. when there is no alternative to using a credit card doesn't apply but for others who are not so lucky if I could find the definitive answer that comes from an official source then maybe just maybe a loophole in the credit card black hole that we are forced into could be found.

e.g. apply for and activate a new credit card before filing for bankruptcy. Keep the balance at Zero, Declare it to the OR and send in the cut up card. Then when you are discharged, with any luck you may be able to contact the credit card company to request new cards and because the balance was zero they may just let you have them automatically. You have not broken any of the restrictions as a bankrupt but get access to emergency funding/car hire/identification etc. after being discharged.

Sneaky and I do not know yet whether it is OK, but I am going to find out. :cool:

Post bankruptcy life is hard enough so any glimmer of help/normality must be good news.

CCS.

I do not advocate any body do any of this or break any laws etc. In my opinion, from reading my guides to bankruptcy, you are told

stop using your bank, building society, credit card and similar accounts straightaway

and that the accounts may be frozen or closed by the creditors, BUT you may be allowed to keep the (bank) accounts.

My wife has told me not to rock the boat but I put this out here to maybe get an answer to this query.

Deepinthedwang

Thanks scoot

I INTENDED TO SHOUT!!!!

Anyone who can realistically think of using credit cards again after BR should really think twice. In my opinion anyway ( as far as Im concerned you can take it or leave it)

bye

J

fiveyearplan

Deepinthedwang wrote: »

Thanks scoot

I INTENDED TO SHOUT!!!!

Anyone who can realistically think of using credit cards again after BR should really think twice. In my opinion anyway ( as far as Im concerned you can take it or leave it)

bye

J

I certainly don't want to get into an argument on this but not all people are bankrupt due to overspending on credit cards. Whilst I did have credit cards in my bankruptcy it was because I was using them to fund my business. I no longer have that business or that need to purchase that type of expenditure. I'm still bankrupt so will not be in this position in the near future but would like to think if I had a credit card when I'm discharged it wouldn't pose a financial problem for me.

scootw1

Deepinthedwang wrote: »

Thanks scoot

I INTENDED TO SHOUT!!!!

Anyone who can realistically think of using credit cards again after BR should really think twice. In my opinion anyway ( as far as Im concerned you can take it or leave it)

bye

J

Fair enough. You are entitled to air your opinion, I was just pointing out internet etiquette that's all