answersLogoWhite

0

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.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Can the bank repossess a vehicle even if the payments are current?

Not IF you reaffirmed the loan with the creditor.


How you can combine liability structure and current assets decision?

The level of current assets and method of financing those assets are interdependent.A conservative policy of "high" level of current assets allows a more aggressive method of financing current assets.A conservation method of financing ( all- equity) allows an aggressive policy of "low" levels of current assets.


Who the president of berdoo chapter?

As of my last update in October 2023, I do not have specific information about the current president of the Berdoo Chapter, as leadership positions can frequently change. For the most accurate and up-to-date information, I would recommend checking the official Berdoo Chapter website or their social media channels.


How do you measure direct current?

we can use ammeter for current checking


Increased use of long-term financing is generally a more conservative approach to current asset financing?

yes this is a true statement


Difference between permanent current assets and temporary current assets?

permanent asset should be financed with permanent and spontaneous sources of financing,while temporary assets should be financed with temporary sources of financing.


Working capital management is primarily concerned with the management and financing of?

Current assets.


Does Wells Fargo offer mortgage financing?

Yes they do in fact offer mortgage financing. Please go to you local location to speak with them about their current rates for a mortgage.


When a driver checks her speedometer she is checking?

The driver is checking the current speed of the vehicle, as indicated by the speedometer.


What is maturity matching approach?

Hedge risk by matching the maturities of assets and liabilities. Permanent current assets are financed with long-term financing, while temporary current assets are financed with short-term financing. There are no excess funds.


Who is current hells angel president Vermont chapter?

There is not a Hells Angels Chapter in Vermont


Where is the best place to get used car financing?

Many banks offer used car financing. It is best to try your current bank to get the lowest intrest rates on vehicles.