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Can a debtor be discharged from a credit union loan which he took out to pay his taxes?
Wiki User
∙ 19y ago
"Discharge" applies to a debt being wiped out by the bankruptcy court. If all the requirements are met and approved by a bankruptcy judge, then yes, a debtor's obligation can be discharged. If the debtor does not file or qualify to be granted a bankruptcy, then No, his debt will not be discharged, or forgiven. It needs to be paid.
Wiki User
∙ 19y ago
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How credit union collect bankruptcy loan that discharged?
If a loan from a credit union has been discharged in bankruptcy court, that credit union cannot collect and must write the loan off.
Are you still a member of the navy federal credit union?
was discharged in 1969 was a member of San Diego naval credit union and not sure if i closed account.
If a car loan was reaffirmed with notes current in a Chapter 7 can a credit union force a debtor to get other financing for the vehicle loan and then also force her to close her checking acct?
Credit unions have an unusual tool in their arsenals that's perfectly legal: They can revoke your membership (and ban you from rejoining) if you have ever "caused a loss" to the credit union--including discharging ANY debt owed to the credit union at ANY time. If she had another loan (NOT the car note) from the credit union before bankruptcy that was discharged, that's legal. If the car note was her ONLY debt to the credit union, it's probably improper; but I expect you'll need a lawyer to fight it.
What services can the National Credit Union Administration offer?
The National Credit Union Administration is a federal credit union. This union offers access to credit union data, asset management strategies, lists of union regulations, and more.
What is the irish for credit union?
The Irish for credit union is comhar creidmheasa. A credit union is a financial institution where you can save and borrow money.
How credit union collect bankruptcy loan that discharged?
If a loan from a credit union has been discharged in bankruptcy court, that credit union cannot collect and must write the loan off.
Are you still a member of the navy federal credit union?
was discharged in 1969 was a member of San Diego naval credit union and not sure if i closed account.
Can you refinance a vehicle not included in a bankruptcy but owned by a credit union that had another account discharged?
If the vehicle is owned by someone else (the credit union) then it is not yours to raise finance on.
If a car loan was reaffirmed with notes current in a Chapter 7 can a credit union force a debtor to get other financing for the vehicle loan and then also force her to close her checking acct?
Credit unions have an unusual tool in their arsenals that's perfectly legal: They can revoke your membership (and ban you from rejoining) if you have ever "caused a loss" to the credit union--including discharging ANY debt owed to the credit union at ANY time. If she had another loan (NOT the car note) from the credit union before bankruptcy that was discharged, that's legal. If the car note was her ONLY debt to the credit union, it's probably improper; but I expect you'll need a lawyer to fight it.
Can IRS seize credit union account for back taxes?
Yes. A credit union has savings and checking options and either one or both can be seized to repay a delinquint IRS debts for back taxes
Can COO of the credit union be bonded if she does not pay her property taxes and has a mortgage with the credit union?
Yes. She may have a suitable explanation for not paying property tax.
When was The Union Credit Union created?
The Union Credit Union was created in 1968.
What credit unions are there in Summit Wisconsin?
Some of the credit unions on Summit, Wisconsin are Summit Credit Union, Price Credit Union, Prosperity Credit Union, and Capital Credit Union. You may find more in your local area.
What services can the National Credit Union Administration offer?
The National Credit Union Administration is a federal credit union. This union offers access to credit union data, asset management strategies, lists of union regulations, and more.
What is the irish for credit union?
The Irish for credit union is comhar creidmheasa. A credit union is a financial institution where you can save and borrow money.
Where is the Scotwest Credit Union located?
Scotwest Credit Union is a credit union that serves the West of Scotland in the United Kingdom. The credit union's head office is located in Glasgow, Scotland.
Where is Prospera Credit Union?
"Prospera Credit Union is a locally owned and operated credit union serving anyone living or working in Wisconsin's Outagamie, Winnebago,and Brown.that where prospera credit union is from."
