Amex Optima/oasis Program

American Express maintains strict standards about extending credit after bankruptcy, but it offers some alternative services that could help see you through the next few years.

Chapter 7 bankruptcy means a fresh start from bills you can't possibly get caught up. Rule changes in 2005 made Chapter 7 harder to achieve, leaving many Americans with lengthy repayment plans under Chapter 13's provisions. However, Chapter 7 reboots your bottom line, wiping everything from your debt list except student loans and government liens. Because you can't qualify for bankruptcy again for a few more years, many credit card issuers may view you as less of a risk than before your bankruptcy.

Not American Express. Yeh dil aashiqana mp3 song.

May 11, 2008  Oasis with American Express FYI Sign in to follow this. If I'm not working within the 'oasis program' she said I could pay and them wait about a year and then apply for a new card. I was in the program in 1999 and made one late payment. Amex cancelled the Oasis Optima card for me. I called them and they were nasty. No more Amex. Best Course of Action for AMEX Optima Oasis CLI. A year ago, I lost most of my credit cards due to bad decisions, and was left with only an AMEX Optima rebuilder with a $ 900. Does anyone have AMEX Optima (Oasis Program) Rebuilder?

According to bankruptcy attorneys, American Express tends to shut down accounts the moment its records indicate a cardmember has entered the bankruptcy process. And, according to customer service specialists contacted during March of 2012, American Express won't issue a credit card or a charge card for a consumer with a Chapter 7 bankruptcy on their credit report. That 'BK' listing stays on your credit profile for a maximum of 10 years, so it could be as many as eight more years before you qualify to make charges on an AmEx.

It's even worse if you had an American Express that you didn't pay off before your bankruptcy filing. According to customer service agents responding to my inquiries, AmEx won't open a new line of credit for a former cardmember whose account was forcibly shut down due to money trouble.


However, American Express still wants to do business with you. AmEx launched American Express Serve a full service reloadable prepaid account. While not the same as a credit or charge card you can still rely on the company to help you manage your money while protecting you from fraudulent purchases.