I had a car loan as well as checking and savings through my local
credit union, and I was unable to keep my payments up and the car was
repossessed. Due to the repossession, I took all my money out of the
bank (I needed it to live on and they had a clause that said that they
could take it if I didn't make my payments). Subsequently the account
was closed. I feel terrible about the whole thing, I really liked the
credit union, and I loved the services they provided, but what can you
do? So anyway, the question is, is it more likely that the credit
union will show up and try to make trouble for me, because they are a
non profit and local? I am wondering if they will try to use my bank
accounts against me (prior to losing my job I was doing pretty well
and had lots of money going in and out). Does it look bad that my
account was closed, like I was trying to hide something? Any response
would be appreciated. I know I am being honest, but I wonder if any
of this could be used against me?
Brett Weiss
12-08-2003, 04:54 PM
It is unlikely that they will do anything, but ask your attorney. He or she
is likely to be familiar with local practice, and should know how they act.
--
Brett
************************************************** ***************
* Personal Injury/Malpractice Bankruptcy *
* *
* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
* lawyer@erols.com *
* http://www.erols.com/lawyer *
* *
* Small Business Estates & Estate Planning *
************************************************** ***************
The Small Print: This response is for discussion purposes only. It isn't
meant to be legal advice and you shouldn't treat it as such. If you want
legal advice, speak with a local lawyer familiar with your state's laws who
can review *all* of the facts and the law applicable to your situation.
************************************************** ***************
"cappucine" <bettedaviseyes@metacrawler.com> wrote in message
news:84999b25.0312081610.11c122b8@posting.google.c om... I had a car loan as well as checking and savings through my local credit union, and I was unable to keep my payments up and the car was repossessed. Due to the repossession, I took all my money out of the bank (I needed it to live on and they had a clause that said that they could take it if I didn't make my payments). Subsequently the account was closed. I feel terrible about the whole thing, I really liked the credit union, and I loved the services they provided, but what can you do? So anyway, the question is, is it more likely that the credit union will show up and try to make trouble for me, because they are a non profit and local? I am wondering if they will try to use my bank accounts against me (prior to losing my job I was doing pretty well and had lots of money going in and out). Does it look bad that my account was closed, like I was trying to hide something? Any response would be appreciated. I know I am being honest, but I wonder if any of this could be used against me?
cappucine
12-09-2003, 08:59 AM
So then it is safe to assume that the credit union is no more likely
to show up than any other creditor? When I stop and think about it,
there really wouldn't be any point to their showing up. I don't have
any money for them.
"Brett Weiss" <lawyer@erols.com> wrote in message news:<n7GdnSjKjtTLgEiiRVn-uA@comcast.com>... It is unlikely that they will do anything, but ask your attorney. He or she is likely to be familiar with local practice, and should know how they act. -- Brett ************************************************** *************** * Personal Injury/Malpractice Bankruptcy * * * * BRETT WEISS, P.C. * * Attorneys at Law * * Maryland, D.C. and Federal Bars * * lawyer@erols.com * * http://www.erols.com/lawyer * * * * Small Business Estates & Estate Planning * ************************************************** *************** The Small Print: This response is for discussion purposes only. It isn't meant to be legal advice and you shouldn't treat it as such. If you want legal advice, speak with a local lawyer familiar with your state's laws who can review *all* of the facts and the law applicable to your situation. ************************************************** *************** "cappucine" <bettedaviseyes@metacrawler.com> wrote in message news:84999b25.0312081610.11c122b8@posting.google.c om... I had a car loan as well as checking and savings through my local credit union, and I was unable to keep my payments up and the car was repossessed. Due to the repossession, I took all my money out of the bank (I needed it to live on and they had a clause that said that they could take it if I didn't make my payments). Subsequently the account was closed. I feel terrible about the whole thing, I really liked the credit union, and I loved the services they provided, but what can you do? So anyway, the question is, is it more likely that the credit union will show up and try to make trouble for me, because they are a non profit and local? I am wondering if they will try to use my bank accounts against me (prior to losing my job I was doing pretty well and had lots of money going in and out). Does it look bad that my account was closed, like I was trying to hide something? Any response would be appreciated. I know I am being honest, but I wonder if any of this could be used against me?
Brett Weiss
12-09-2003, 01:13 PM
Correct.
--
Brett
************************************************** ***************
* Personal Injury/Malpractice Bankruptcy *
* *
* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
* lawyer@erols.com *
* http://www.erols.com/lawyer *
* *
* Small Business Estates & Estate Planning *
************************************************** ***************
The Small Print: This response is for discussion purposes only. It isn't
meant to be legal advice and you shouldn't treat it as such. If you want
legal advice, speak with a local lawyer familiar with your state's laws who
can review *all* of the facts and the law applicable to your situation.
************************************************** ***************
"cappucine" <bettedaviseyes@metacrawler.com> wrote in message
news:84999b25.0312090859.28688840@posting.google.c om... So then it is safe to assume that the credit union is no more likely to show up than any other creditor? When I stop and think about it, there really wouldn't be any point to their showing up. I don't have any money for them. "Brett Weiss" <lawyer@erols.com> wrote in message
news:<n7GdnSjKjtTLgEiiRVn-uA@comcast.com>... It is unlikely that they will do anything, but ask your attorney. He or
she is likely to be familiar with local practice, and should know how they
act. -- Brett ************************************************** *************** * Personal Injury/Malpractice Bankruptcy * * * * BRETT WEISS, P.C. * * Attorneys at Law * * Maryland, D.C. and Federal Bars * * lawyer@erols.com * * http://www.erols.com/lawyer * * * * Small Business Estates & Estate Planning * ************************************************** *************** The Small Print: This response is for discussion purposes only. It isn't meant to be legal advice and you shouldn't treat it as such. If you want legal advice, speak with a local lawyer familiar with your state's laws
who can review *all* of the facts and the law applicable to your situation. ************************************************** *************** "cappucine" <bettedaviseyes@metacrawler.com> wrote in message news:84999b25.0312081610.11c122b8@posting.google.c om... I had a car loan as well as checking and savings through my local credit union, and I was unable to keep my payments up and the car was repossessed. Due to the repossession, I took all my money out of the bank (I needed it to live on and they had a clause that said that they could take it if I didn't make my payments). Subsequently the account was closed. I feel terrible about the whole thing, I really liked the credit union, and I loved the services they provided, but what can you do? So anyway, the question is, is it more likely that the credit union will show up and try to make trouble for me, because they are a non profit and local? I am wondering if they will try to use my bank accounts against me (prior to losing my job I was doing pretty well and had lots of money going in and out). Does it look bad that my account was closed, like I was trying to hide something? Any response would be appreciated. I know I am being honest, but I wonder if any of this could be used against me?
