Life After Bankruptcy… 2nd chance bank spotlight: People’s Bank
The process of bankruptcy is about getting a fresh start, but some of the choice made in your prior financial life may have created problem with opening a traditional bank account.
In course of researching the issue of post bankruptcy life, I came across another alternative banking solution if you’re caught in the CHEX Systems dungeon. It’s a real bank that ignores this kiss of death.
It’s offered through the People’s Bank of Paris Texas, an FDIC insured national bank. They offer a program called The Peoples Cash Solution which offers a FDIC insured checking account, Master Card ATM card, direct deposit, checking writing, on-line banking and transfers. They have an on-line application process with no monthly fee.
You do not have to be a resident of Texas to open an account, and there are joint accounts available. The only limitation to this account is that they will not allow you to open an account if the CHEX System or TeleCheck report shows fraudulent activity. They can be reached at peoplescashsolutions.com .
NOTE: I have no direct experience with this bank, this information is offered solely as a point of reference, so please conduct your own research.
Disclaimer
Fresno-Bankruptcy-Lawfirm.com is owned by the Law Offices of Jeffery D. Rowe. We are a debt relief agency. We help people file for bankruptcy relief under the Federal Bankruptcy Code (Title 11 of the United States Code). If you would like to discuss your situation in further detail, please call our offices at: (559) 228-1500 to schedule a consultation.
