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Credit Union Closes Bank Account of Debtor Post BK
Yes. I have had this happen.
The credit unions membership term likely include a provision that if the CU loses money on the member they can be thrown out of the membership.
It is not the filing of the Chapter 7 that triggers this. It is the discharge of some debt, like an outstanding credit card or overdraft account, in the Chapter 7.
Desiree Causey
7755 Center Avenue, Suite 1100
Huntington Beach, CA 92647
714-372-2225
Sent from my iPhone
> On Feb 12, 2018, at 2:14 PM, korompisn@yahoo.com [cdcbaa] wrote:
>
> Has anyone experienced their debtor getting their bank account (credit union) closed after receiving a discharge under ch 7? The credit union is SchoolsFirst.
>
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> Is this a normal occurrence?
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> Thanks.
>
> Nancy Korompis
> 626-716-7763
>
The post was migrated from Yahoo.