Credit Cards Do Not Automatically Reactivated Post Bankruptcy

  310.376.9865 Just a reminder, once your Chapter 7, or Chapter 13 is dismissed or discharge, the Bankruptcy court does not advise the credit card companies that the credit is clear, and that the credit cards should be reactivated. While some people may be under this assumption, this is not the way things work.  A

A Fifth Credit Bureau

310.376.9865 Everyone is aware of the three major credit reporting bureaus, Transunion, Equifax, and Experian. We know the majority of creditors, report every transaction to a credit reporting bureau, all credit charges every month, and your payment history. Have you heard of ChexSystem or Telecheck? Unless you have had a problem paying arrears on your