Legal News for Credit Union Managers Since 1990

Archive for November, 2018

05
Nov
2018

Loan Application: Unreasonable Reliance

In this case, the debtor borrowed substantial funds from Barnett Bank of Marion County as a long time customer without any account problems. The debtor’s continued good terms with the bank allowed him to obtain several loans. Each time the debtor borrowed money, the bank required the debtor to complete a new financial statement disclosing […]

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