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Reaffirmation of credit cards as a precondition to=20
Thecontracts likely provide that the subsequent loans are an extension of
credit secured by the originalPMSI. Redeem?
Peter M. Lively, JD, MBA
The Personal Financial Law Center* Culver City & Costa Mesa * 800-307-DEBT
________________________________
To: cdcbaa@yahoogroups.com
Sent: Thu, April 14, 2011 7:38:20 PM
Subject: [cdcbaa] Reaffirmation of credit cards as a precondition to
reaffirmation of a car loan
Credit union is insisting that the client debtor reaffirm two credit cards it
issued as a precondition to reaffirming its car loan. Has anyone encountered
this fact pattern before? Are judges approving this?
Wesley H. Avery, Esq.
Roquemore, Pringle & Moore, Inc.
6055 E. Washington Blvd., Ste. 500
Los Angeles, CA 90040-2466
wavery@rpmlaw.com
http://www.rpmlaw.com
(323) 724-3117 (office)
(323) 724-5410 (fax)
(323) 919-9336 (blackberry)
The Bankruptcy Law Center
28005 Smyth Drive, Ste. 125
Valencia , CA 91355-4023
wavery@thebankruptcylawcenter.com
http://www.thebankruptcylawcenter.com
(661) 295-4673 (office)
(661) 430-5467 (fax)
(661) 618-7376 (cell)
Certified Specialist
Bankruptcy Law
State Bar of California
Board Certified
Business Bankruptcy Law
American Board of Certification
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